What role do smart contracts play on the RealBlocks platform?
There are three relevant contracts that work together to provide a compliant crypto-security:
1) A RealBlocksToken Contract: Keeps track of the token holders.
2) A Regulator Contract: Verifies the investor cap, lock-up periods, and trading of the token only takes place between accredited investors (as required by applicable U.S. securities laws).
3) A Service Registry Contract: This contract can update the “regulator contract” if it needs to change in the future.