Well, earlier there was the idea of physical shares. it's but extremely rare of late to search out somebody World Health Organization could have unbroken existing physical shares as a result of it comes with a bag of disadvantages. For starters, by mistreatment your demat account you'll handily manage your shares and transactions from anyplace, not like within the physical kind. taxation must be paid on your physical certificates. the danger of thievery, loss, forgery, and damages is high compared to a digital format. because of the elimination of work, the time needed for finishing a group action is low in a very demat kind not like within the physical kind. This makes the method of dematerialization essential and basic to interchange the stock exchange. it's vital to notice that physical shares don't seem to be continued currently and you can not trade them for money thus eventually you shall need to convert them into electronic shares.