Proxy Voting Future-state process depiction Distribute proxy statement Review proxy statement Cast vote 1 Investor Corporation Investment Proxy Cast Details Name Records statements vote Proxy Proxy 4 5 6 statement statement 3 2 Online Investors or Smart Results Corporation Smart contract Investors Investors or Analyse potential contract released voting impact or Provide notice that Validate votes by proxy statements are Mail comparing to ownership accessible by investors Regulator data Future-state process description 1 As orders are executed to invest in a 3 Investors analyse the proxy statement to 4 Investors cast their vote either online or by corporation’s equity, DLT stores investment determine the potential impact of the votes mail or phone directly into the DLT as a records including the number of shares being solicited during a corporation’s tokenized asset through back-end 2 After a corporation has finalized its proxy shareholder meeting through DLT’s transfer infrastructure integration statement, a smart contractensures that it is of value capability 5 A smartcontractensures votes are valid by sent to all investors (via an online portal or comparing the number of votes cast to mail) and the regulator is notified that the ownership data documents are available 6 Results are shared with the corporation and/or investors in real time or during a shareholder meeting WORLD ECONOMIC FORUM | 2016 106