Too Long; Didn't Read
The number of projects in the blockchain space is growing steadily, but at present these networks continue to struggle to achieve the goal stated by its pseudonymous inventor to serve as “peer-to-peer cash” (more here) A much greater challenge still is the direct transfer of non-bearer financial products, assets and rights. These frequently require reliable identification, authentication, and certification of the individuals and entities involved in the transaction - not to mention the verification of these instruments onto a peer to-peer network utility.