Serica Shuts Its Hard Assets Blockchain Trading
Serica, formerly DigitalTangible, announces the December closure of its hard assets and blockchain trading business that linked precious metals and other hard assets to the Blockchain via a browser-based trading wallet. The company was one of the first to bridge the old world of precious hard assets to the new world of the Blockchain. It spent a year and a half building and developing the world's first and only commercial bitcoin2.0 digital asset trading wallet and now says goodbye to the markets and customers that launched the company in 2014. Their innovative technology gave trading....
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London, UK March 10th, 2015. Today, Serica and Factom jointly announced a collaboration wherein Serica will leverage the Factom technology to enhance their transparency & auditing strategy, and the Factom Foundation will use Serica as an important part of its asset allocation model. Serica Proof of Audit. Serica uses Factom for global custodian auditing. Serica's token transaction transparency strategy focuses on eliminating trust through cryptography. The Factom technology uses the same cryptography behind Bitcoin to mathematically prove the existence of any data it receives by hashing....
Crypto 2.0 startup DigitalTangible has announced it will rebrand as Serica (Greek for silk), a move that marks an expansion of the digital asset trading service beyond precious metals. Launched in September 2014, DigitalTangible has long used Counterparty to allow users to trade between bitcoin and cryptographic tokens representing physical precious metals holdings. As Serica, the company aims to expand this model, allowing anyone with the rights to an asset to create digital tokens that can then be traded on a global market. Serica CEO Taariq Lewis suggested that the move was a strategic....
New York Attorney General Letitia James has secured a court order to shut down cryptocurrency exchange Coinseed. The order also “permanently appoints the court receiver to obtain, safeguard, and return all assets invested and traded through” the exchange. New York Attorney General Letitia James Shuts Down Crypto Exchange The office of New York Attorney General Letitia James announced Monday that the attorney general has shut down cryptocurrency trading platform Coinseed. James has secured a judgment against Coinseed and its founder and CEO, Delgerdalai Davaasambuu,....
Farm assets like soybeans will be tokenized on a platform from CoreLedger for trading against other assets like cattle or fiat currency.
Hard forks are a rather contentious issue in Bitcoin. The controversy surrounding hard forks can be seen most prominently in the context of Bitcoin XT 's implementation of BIP 101. While there have been successful Bitcoin hard forks in the past, the problem with hard forks of the Bitcoin blockchain is that they're, well, hard. Any change to the Bitcoin protocol that requires a hard fork essentially requires near-complete consensus to avoid a potential blockchain split. For example, there are many individuals in the Bitcoin development community who do not believe that BIP 101's use of a 75....