Overstock’s tZERO Token Platform Has Officially Opened for Trading

Overstock.com’s much-anticipated security token trading platform, tZERO, officially began trading Thursday afternoon.

Investors in the tZERO token offering have long been waiting for the platform’s launch, after its initial unveiling in 2015. Overstock CEO Patrick Byrne announced that the exchange would launch this week during The North American Bitcoin Conference in Miami on January 18, later telling CoinDesk that the technology was ready, but the company needed to finish processing its initial sign-ups first.

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Daben Steele
Overstock’s tZERO Wins Patent for Integrating Crypto With Legacy Trading Tech

Security token trading platform tZERO, a portfolio company of digital retail giant Overstock, has won a patent outlining how it may merge legacy trading systems with cryptocurrencies and digital asset tech.

Published Thursday by the U.S. Patent and Trademark Office, the patent describes a “Crypto Integration Platform” capable of combining market information from a variety of sources to determine best prices. The system would then “secure both the digital transactional items (i.e., the funds for a buy order and the digital assets or liabilities for a sell order)” before conducting the transaction.

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Daben Steele
Wyoming County Moves to Put Land Records on Blockchain

A county in the blockchain-friendly state of Wyoming is planning to put its land registry on a distributed ledger.

Teton County (pop. 23,265 ), which includes the town of Jackson and part of Yellowstone National Park, has signed a memorandum of understanding (MOU) with Medici Land Governance (MLG). The startup,  majority-owned by Overstock.com’s blockchain investment arm Medici Ventures, will build the new registry on the Open Index Protocol (OIP).

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Daben Steele
Medici Ventures Completes $3.6 Million Securities Token Transfer Using The Ravencoin Blockchain

While an abundance of hype surrounds the capabilities of blockchain technology, its ability to transfer equity using tokens as digital securities has been demonstrated.

Medici Ventures, the leading blockchain accelerator and subsidiary ofOverstock.com, Inc., has successfully conducted a digital securities token transfer representing its equity ownership in Chainstone Labs, a company focused on digital securities and decentralized asset management.

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Daben Steele
Medici Land Governance...Signs MOU With Government of Rwanda to Implement Paperless Blockchain Land Governance and Property Rights Management

Overstock.com, Inc. (NASDAQ:OSTK) has announced that its blockchain-meets-property rights subsidiary, Medici Land Governance, has signed its second Memorandum of Understanding (MOU) with an African nation to develop a blockchain-based platform to manage land governance and property rights.

This latest MOU has been signed with the Rwanda Land Management and Use Authority (RLMUA) and the Rwanda Information Society Authority (RISA) to implement Medici Land Governance’s technology to move Rwanda to a paperless, secure, corruption-proof, blockchain-based system of land governance.

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Daben Steele
West Virginians abroad in 29 countries have voted by mobile device, in the biggest blockchain-based voting test ever

Nearly 140 West Virginians living abroad in 29 countries have cast their election ballots in an unprecedented pilot project that involves voting remotely by mobile device, according to state officials.

West Virginia is the first state to run a blockchain-based voting project at such a scale, state officials say. And if adopted more widely, the technology could make it easier to vote and potentially reduce long lines at the polls.

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Daben Steele
‘E-currency pilot coming’

Barbados Prime Minister Mia Mottley has stepped in to quell a potential standoff between the fintech (financial technology) company Bitt and some commercial banks by announcing a digital currency pilot project.

Bitt utilizes blockchain and distributed ledger technology to facilitate secure peer-to-peer transactions through mobile money across a range of software and mobile applications.

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Daben Steele
Overstock To Sell Bitcoin Through Its Website In 2019 With Bitsy Wallet

Crypto-friendly online retailer Overstock.com expects to formally begin selling bitcoin through its website in the first half of 2019, the company has revealed.

Such functionality will be offered through Bitsy, a crypto wallet and portfolio company of Medici Ventures, Overstock’s blockhain-focused subsidiary which currently has investments deployed in 18 separate ventures.

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Daben Steele
tZERO Emerges as De Facto Leader of Crypto Infrastructure

tZERO began in October 2017 to build an alternative trading system (ATS) that is dedicated to crypto security tokens. As of the August 6, 2018, tZERO will become the global crypto infrastructure industry’s de facto leader thanks to the vision of Overstock.com and tZERO in anticipating the need for regulated crypto infrastructure.

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Daben Steele