3 Reasons Why Overstock (OSTK) is a Blockchain Play ...
3 Reasons Why Overstock (OSTK) is a Blockchain Play ...
Overstock wants to be a blockchain company - CNN
Aktienausgabe via Blockchain: Overstock macht`s vor
Remember Overstock? It's basically a crypto company now
The Next Step In Overstock's Master Blockchain Plan Is ...
O Bitcoin (Brasil)
O [bitcoin](http://en.wikipedia.org/wiki/Bitcoin) ([2009, paper técnico](https://bitcoin.org/bitcoin.pdf)) funciona principalmente como um dinheiro digital. Com aceitação mundial (Dell, Microsoft, Overstock etc.) o bitcoin tem características que faz dele uma excelente forma de armazenamento e transferência de valor. > “**[Bitcoin] é a Internet do dinheiro**; não é apenas um dinheiro para a Internet. [...]” *Andreas Antonopoulos*
Seems like Overstock is not releasing on the Bitcoin blockchain!
They're merely timestamping on the Bitcoin blockchain. http://www.sec.gov/Archives/edgadata/1130713/000104746915008523/a2226515zs-3a.htm#dk40601_about_digital_securities "In connection with a digital securities transaction, the tØ software will publish the transaction to the proprietary ledger maintained by the Pro Securities ATS with respect to the relevant series of digital securities. Concurrently, the tØ software will electronically publish the proprietary ledger and commence the process of embedding in the Bitcoin blockchain information necessary to mathematically prove the validity of available copies of the proprietary ledger. Specifically, after a set of transactions in our digital securities have been executed and recorded to the proprietary ledger, the Pro Securities ATS will send a de minimis amount of Bitcoin from an ATS-controlled Bitcoin wallet to another ATS-controlled Bitcoin wallet using the blockchain protocol. This blockchain protocol provides for an editable field that can be used to implant code or other data within the Bitcoin transaction that will be embedded into the blockchain, and the tØ software will use this field to implant anonymized cryptographic hash functions for the digital securities transactions reflected on the proprietary ledger into the Bitcoin transfer made by the ATS. The blockchain will validate this de minimis Bitcoin transaction and embed it, together with the implanted anonymized cryptographic hash function, into the Bitcoin blockchain. As a result, once the Bitcoin transaction is immutably embedded into the Bitcoin blockchain, an immutable record of the digital securities transactions reflected on the proprietary ledger is also recorded within the Bitcoin blockchain. The Bitcoin blockchain participants involved in validating the de minimis Bitcoin transaction do not have any access to the underlying digital securities transaction data. The transaction costs associated with this process relate to the de minimis costs of the Bitcoin currency transaction conducted by the Pro Securities ATS. As a result, the Pro Securities ATS—rather than us or holders of our digital securities—will bear such minimal costs required in connection with embedding cryptographic hash functions into the Bitcoin blockchain."
Overstock Begins Trading Its Shares Via the Bitcoin Blockchain (wired)
A New Exchange Byrne first revealed Overstock’s new blockchain stock offering in October at a fintech conference in Las Vegas, and over the past month, any existing Overstock shareholder could subscribe to take part. Today, the company actually moved the stock into investor accounts, including 126,565 shares traveling via tØ’s blockchain technology. Investors can begin trading the shares via the blockchain tomorrow. The Securities and Exchange Commission officially green-lit the operation last December, and Byrne says his company spent $5 to $6 million in legal fees securing regulatory approval from both the SEC and FINRA, the financial industry’s private overseer. tØ runs its own private blockchain, which would seem to defeat the purpose of the technology. The power of the blockchain lies in its distributed nature—as a technology that no one entity controls. But tØ publishes all transactions to the blockchain proper—the ledger that underpins bitcoin—which provides a very public record of anything that happens on its private system. Part of Byrne’s aim is to offer a transparency that today’s markets don’t provide.
And while blockchain-based decentralized cryptocurrencies, such as Bitcoin, draw much attention, analysts concur there are significant opportunities for many industries in this disruptive technology. Overstock Unveils Blockchain Trading Platform at Nasdaq Event Patrick Byrne, CEO of US online retailer Overstock.com, unveiled tØ today at the headquarters of the major US stock market Nasdaq in ... Riding the bitcoin wave. The dramatic rise in the price of bitcoin and other cryptocurrencies is a big reason Overstock is pushing forward with blockchain deals and de-emphasizing the retail business. Für die Ausgabe der tØ Aktie wird Overstock einen berechtigte Ledger verwenden, die Transaktionen werden jedoch aufgrund der Transparenz auf der Bitcoin Blockchain gebatched und gehasht. Insgesamt wird Overstock 1 Millionen Blockchain Aktien mit einem Gesamtwert von 25,29 Millionen US-Dollar ausgeben. Zu den wenigen Bitcoin respektive Blockchain Aktien, die ich favorisiere, zählt bekanntlich die Aktie von Overstock.com. Regelmäßigen Leserinnen und Leser dürfte bekannt sein, dass ich damit nicht alleine bin. Denn kein Geringerer, als „der Mann, der die Bank von England knackte“, der weltweit bekannte Star-Investor George Soros, setzt ebenfalls auf diesen Titel.
Overstock.com founder & CEO Patrick Byrne talks about Bitcoin and Ethereum!!
Overstock is known in crypto circles as one of the first major online retailers to accept Bitcoin payments. On top of being an early adopter, Overstock has invested heavily into blockchain ... Overstock.com CEO Patrick Byrne on the online retailer's blockchain business. Overstock CEO And Bitcoin Pioneer Explains His Long-Standing Crypto Play And His Philosophy On Life - Duration: 4:25. ... Blockchain in Business: Overstock and TZero - Patrick Bryne - Duration: 54 ... Overstock.com CEO Patrick Byrne discusses why he was an early believer in bitcoin and how he plans to change the marketplace with blockchain. Overstock.com CEO Patrick Byrne on the company's decision to launch a new blockchain mobile money app.