토큰 증권 플랫폼 비즈니스의 현황과 도전

The token securities platform, which emerged for the purpose of alternative investment and new capital procurement of real-linked assets, is based on the innovation of digital assets according to the development of information technology. Recently, the Financial Services Commission has proposed a plan to improve the system for issuing and distributing token securities, and is proceeding with the process of issuing securities, incorporating distribution, and legalizing them within the regulatory framework of the Capital Markets Act. Accordingly, platform operators that are conducting token securities securities securities securities securities liquidity business are facing a time of challenges and opportunities to adapt to the standardized blockchain-based token securities distribution market environment rather than the existing electronic securities. This study identifies the meaning of token securities issuance as an alternative investment technique for digital asset securitization and presents legal and technical issues facing the token securities issuance platform business. The actual cases of commercialization of the token securities platform according to the type of basic real asset of token securities are analyzed by dividing them into art, real estate, and Korean beef. It presents a strategy to change the business model necessary in the legalization stage and a plan to revitalize the market in the process of disposing of issuance and distribution. It also discusses current issues for the application of innovative technologies using blockchain by token securities platform operators and revitalization of the token securities market, and discusses ways to revitalize the market from a practical point of view.