My intrigue is more-so the possibilities (extrapolating the idea) of doing this in other countries. Being able to EASILY incorporate a business in another country, regardless of the owner's country of residency, could have profound effects on economies and business models. Yes, conglomerates are already able to do this. However, making incorporation in another country easier for low-budget, small businesses, or new entrepreneurs would be an interesting new capability which is not currently feasible. In other words, lowering the barriers to entry for accomplishing that task.

If a single entrepreneur could configure a multi-national business that would be interesting. For what purposes or benefit, that is up for imagination and debate. But this whole idea is interesting from a globalization standpoint. I do understand where you are coming from regarding crypto-currencies; I was merely referring to them as a transfer of value mechanism.

Without descending into a long topic, there are still issues with issuing colored coins or stocks using crypto-tokens. For example, where do you litigate issues or handle shareholder complaints? Crypto-stocks are still premature and lacking proper frameworks; real world case studies and success stories are needed. Crypto-companies still rely on geography bound jurisdictions to handle hosting, accounting, laws, etc. Perhaps in the future many issues will be resolved with crypto-autonomous contracts (in theory.) Or with other agreements and digital court systems, etc. In the meantime, if you issue a crypto-stock, the reality is shareholders need legal systems to work within, otherwise crypto-stocks are literally dust without any enforceability.