Will The Block Chain Revolutionize OTC Securities Trading?
Can the block chain revolutionize over-the-counter (OTC) securities trading? A team of Toronto-based entrepreneurs thinks it can, and they are developing a decentralized securities processing platform. Their platform, Equibit, will allow investors and securities issuers to do business without any third parties. If successful, this peer-to-peer electronic equity system will revolutionize securities trading. Equibit is a block chain based securities register that manages OTC equity, warrants, partnership units and more. The system includes a shareholder communication system, plus the ability....
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The adoption of block chain technology will revolutionize capital markets as early as next year, according to a report by TABB research carried by CNBC TV. The report noted that the adoption is not a matter of if, but when. The TABB Group is a New York City-based company that provides insight on securities and investment management. The block chain, the report noted, serves as a big, decentralized ledger that records transaction information and stores it on a global network that can't be tampered with. It noted that R3, a fintech company, leads a 20-bank consortium that is developing a....
Equibit, which bills itself as a global P2P OTC platform, is a block-chain-based securities register that manages OTC equity, warrants, partnership units and more. The system includes a shareholder communication system, plus the ability to issue BTC-denominated dividends and distributions. Equibit manages functions typically performed through transfer agents and central depositories. Hence, the system saves costs to issuers and brokers. Chris Horlacher. If successful, this P2P electronic equity system will revolutionize securities trading. CCN reported on Equibit's formation in June. CCN....
The Equibit Development Corp. (EDC), which is building a block-chain-based securities register that manages OTC equity and offers the ability to use BTC-denominated dividends and distributions, is offering an investment opportunity. Toronto, Canada-based EDC plans to bring 1 million units of equity online and is offering investors an opportunity to purchase up to 200,000 preferred shares for 0.50 apiece USD and redeem them for an equivalent number of the pre-mined units. Chris Horlacher, Equibit CEO, believes the block-chain-based securities register will revolutionize OTC trading, CCN....
Nasdaq hasn't been around Bitcoin's Block Chain very long, but they like what they see and are moving to integrate fully with its innovations. The new technology the block chain provides intrigues Nasdaq enough to begin a larger integration with their product portfolio, and the ability to make new offerings for their clientele. In the second half of 2015, this will allow Nasdaq to create a block chain-enabled digital ledger program for the expansion and enhancement of the Nasdaq Private Market platform. NASDAQ Expands Use of Bitcoin's Block Chain Technology. Their implementation of the....
Bitcoin was designed to be a decentralized and trustless payment network - with the power to do this provided by the block chain and its ability to publicly confirm the digital currency's digital transactions. Rather contentiously, however, as the bitcoin economy expands, more and more transactions are being carried out off the block chain. Such transactions are tracked on private databases instead of the block chain, and cannot be publicly tracked. There are pros and cons to both systems. So, which are better? Off-block chain or on-block chain transactions? Visible payments. Legitimate....