Trading Technologies CMO Brian Mehta sits down with tZero’s CEO, Saum Noursalehi, in advance of the coming launch of the world’s first regulated exchange for trading security tokens through a joint venture with BOX Digital Markets.Read More
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.Read More
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.Read More
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).Read More
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.Read More
Medici Ventures, the blockchain venture arm of Overstock.com Inc., has purchased $2.5 million in equity in agricultural blockchain project GrainChain.
Founded in 2003, GrainChain has developed a blockchain-powered system that enables supply chain parties to track the distribution process of harvests.Read More
Overstock.com, Inc. and its subsidiary tZERO Group, Inc., the global leader in blockchain innovation for capital markets, announced today that Hong Kong-based private equity firm GSR Capital has retained tZERO to develop a smart contract token that will be utilized for an upcoming sale of cobalt.Read More
“People often say that ‘blockchain will change the world with dot-dot-dot.’ Now everybody needs to figure out what ‘dot-dot-dot’ is, and build it.”
That’s how Jonathan Johnson, president of Overstock.com’s Medici Ventures, describes the blockchain-focused venture fund’s goals for 2019.Read More
Medici Ventures announced Tuesday it was purchasing $2.5 million of equity stake in GrainChain, a nearly six-year-old company which develops software tools to aid farmers and purchasers in the grain industry.Read More
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.Read More
Nearly five years ago, Overstock .com became the first major retailer to accept bitcoin as a form of payment. It now accepts many top cryptocurrencies.
As a member of the senior executive team and board of directors at Overstock.com, Jonathan Johnson had a front-row seat to those decisions.
Bitsy, a portfolio company of Overstock.com Inc.’s blockchain accelerator Medici Ventures, will launch a beta version of its exchange and wallet service starting Monday.
Pitched as a new app-based platform that creates an easy, secure and user-friendly bridge between bitcoin and the U.S. dollar, Bitsy’s service is focused on giving users direct control over their bitcoin.Read More
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.Read More
IdentityMind, Digital Identities You Can Trust, today announced that it recently secured three top industry awards: 2018 Oracle Innovation Award finalist, Silicon Review’s “50 Best Companies to Watch 2018” and MEDICI Top 21 – RegTech Awards: Americas Winners.Read More
Medici Ventures has announced a strategic investment in a blockchain company called VinX which plans to create a token-based digital wine futures platform based on the Bordeaux futures model. This will allow for the selling and trading of wine futures on a transparent and secure blockchain.Read More
Men and women serving in the military overseas who are also registered to vote in 24 of the state’s 55 counties will, for the first time, have the chance to vote using a mobile voting application called Voatz on their smartphones or tablets.Read More
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.Read More
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.Read More
Argentinian startup Ripio is making peer-to-peer microloans available today to all its 200,000 bitcoin wallet users in Argentina, Mexico, and Brazil.Read More
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.Read More