Joseph Richard Harmon
Independent Researcher, Mill Creek, Washington, United States
Publications
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Research Article
Provenance-Backed Securities: A Framework for Tokenizing Intangible Assets and Redistributing Ownership in the Age of Automation
Author(s): Joseph Richard Harmon*
Intangible assets now constitute approximately 92% of S&P 500 market capitalization and nearly $80 trillion in global corporate value, yet the vast majority of intangible intellectual property—including genetic innovations, creative works, personal data, and accumulated human expertise—lacks any liquid secondary market, standardized valuation mechanism, or tradeable financial instrument [1,2]. The existing literature on real-world asset tokenization, projected to reach $18.9 trillion by 2033, focuses overwhelmingly on financial instruments, bonds, and real estate, leaving a conspicuous theoretical gap: no comprehensive framework addresses the tokenization of performance-verified intangible assets with provenance-backed ownership claims [3]. This paper proposes a three-layer architectural framework—the Provenance Ledger, the Performance Oracle, and the Exchange Pr.. Read More»
