Using Distributed Ledger Technology for Shareholder Rights Management

Grammateia Kotsialou (King's College London), Luke Riley (King's College London), Amrita Dhillon (King's College London), Toktam Mahmoodi (King's College London), Peter McBurney (King's College London), Paul Massey (Crowdcube), Richard Pearce (Crowdcube)

Abstract

We study and develop an automated platform for shareholder rights management using Distributed Ledger Technology (DLT), in collaboration with an equity crowdfunding company. DLT has high impact potential for the multi-agent systems domain, as it allows participants to agree on the values of shared variables and keep a history of how the values change over time. DLT also enables participants to know that the shared values are common knowledge. In our application, the shared variables that the agents agree on are the shareholder rights. Knowing that there is common agreement on these rights allows us to develop related applications, such as a shareholder voting system. In this paper, we discuss the shareholder rights management platform and briefly mention a related shareholder voting system, both currently under development.