Coinprism and Open Assets: ‘Gateway Currencies Are Entirely Unnecessary’

Coinprism and Open Assets: ‘Gateway Currencies Are Entirely Unnecessary’

Pixode, a company that started in 2010 making mobile games, just announced Tuesday the launch of what it describes as a “Crypto 2.0” platform in Open Assets and a colored coins wallet called Coinprism. “Colored coins are about taking a fraction of a Bitcoin, and tagging it with a secondary, user-defined value,” founder Flavien Charlon said in a release. “That value can then be stored on the block chain, and transferred simply by transferring the underlying bitcoins. The Open Assets platform could also be applied to smart contracts or precious metals, he said. Coinprism is one application....


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Colored Coins Come to Life in CoinPrism & Open Assets

May 13, 2014 (Dublin, Ireland) - The Irish company who released the prediction market Predictious last year is now unveiling their brand new colored coins wallet Coinprism, as well as the Open Assets protocol (http://openassets.org). Open Assets is a new generation Crypto-protocol based on Bitcoin. At the core, Open Assets is simply an implementation of the colored coins idea. The concept is that the protocol takes a very small amount of Bitcoins, and "colors" them with an asset type and quantity, defined by an issuer. The assets can then be transferred through the Blockchain,....

Coinprism is now TREZOR Compatible

Coinprism, in a recent blog post, has announced the support of cold storage for TREZOR on its platform. Coinprism is the first Bitcoin 2.0 platform to integrate cold storage. This launch brings new things to both Bitcoin 2.0 applications as well as the Coinprism wallet itself. First, users will now be able to store colored assets in cold storage. Second, users will be able to link their spending to their TREZOR devices. Users of Coinprism and TREZOR will also be able to create and issue tokens for IPOs. Creation of an IPO in Coinprism will be incredibly secure, as the shares can only be....

Coinprism Launches Open Source Distributed Ledger

Blockchain technology company Coinprism has released Openchain, an open source, distributed permissioned ledger that targets enterprise and financial institutions. Unlike bitcoin, which is based on a unique distributed ledger, Openchain will enable users to deploy their own version of the chain, allowing them to potentially cut costs and reduce settlement time. Speaking about Openchain's launch, Flavien Charlon, founder and CEO of Coinprism, explained: "Traditionally, settlement of a transaction happens some time after the trade happened. For example, three days for stock trading. With....

Coinprism Releases Colored Coins Android App for Mobile Asset Transfer

Coinprism is brining colored coins to Android users via a new mobile wallet it describes as the first crypto 2.0 standalone wallet. The Coinprism platform allows individual users and companies to create and issue colored coins, which can then be used as loyalty points or tokens to denote a range of physical and digital goods and services. Colored coins are bitcoins marked with certain properties to reflect digital or physical assets, and can also be used at various events for voting, tipping and more. Flavien Charlon, founder of Coinprism, explained the potential applications of the....