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[2015-12-17] Overstock's t0: Reconciling Fiat Currency and the Bitcoin Blockchain

Thu Dec 17, 2015 9:46 am

Overstock's t0: Reconciling Fiat Currency and the Bitcoin Blockchain

The second group now counts most of the financial world’s heavyweights among its members. Nine of the world’s largest banks have formed a partnership called R3CEV LLC to explore blockchain technology. Goldman Sachs Group Inc. (GS) and Nasdaq Inc. (NDAQ) have both developed blockchain-enabled platforms, called SETLcoin and Linq, respectively (see disclosure).

Overstock.com Inc. (OSTK), meanwhile, has issued bonds on the bitcoin blockchain, becoming the first company to offer a crypto-security, and has gained regulatory approval to do the same with equity.

http://m.nasdaq.com/article/overstocks- ... n-cm555617
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