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A Lien is an arrest on title; a claim. Lien can also mean “in lieu of” [usually payment].
The most common example is where a mechanic has the right to hold onto a car in lieu of payment for works completed. In that case – no paperwork is needed – the mechanic’s right is universally accepted as custom.
A commercial Lien claim occurs where the Claimant is NOT in possession of property owned by the Respondent/Defendant. By expressing his Claim in a series of Affidavits and Notices, the Claimant is able to perfect a Security Interest over and in all property of the Respondent/Defendant.
Securities have “cash” value.
“Money” is any-thing which possesses the following attributes:
This is how we convert your perfected securities (Commercial Lien Assets “CLAs”) into Ra-Bytz:
Ra-Bytz is backed by a pool of underlying CLAs. Ra-Bytz therefore has intrinsic value and as such may be sold or traded. In addition, Holders are entitled to distributions as underlying CLAs are monetised in line with our Liquidation strategy.