Overstock image via Shutterstock
"Overstock has demonstrated that shares can be issued and traded on the blockchain which ensures settling almost immediately. It gives other companies the opportuni... Read More
Josh Galper, who runs a financial consulting firm, Finadium, that closely tracks stock loans, applauds the TØ system but questions how big its audience will be. The existing players, including the pr... Read More
James Angel, a professor of finance at the Georgetown University, sees some promise in this basic idea. But he questions whether Overstock can convince others to adopt it. “Getting lots of stodgy fi... Read More
According to Overstock CEO Patrick Byrne, his company has built blockchain-related technology atop the electronic system operated by PRO Securities and is ready to demonstrate this technology to regu... Read More
This week, Tumblr launched “Fandometrics,” a ranking that literally scores which fandom is more active and popular on the platform at any given moment. Is this a sign of an oncoming Internet apoca... Read More
IBM Says Blockchain Can Power 'Open Scientific Research' in New Patent Filing
A patent application published Thursday claims the process of conducting scientific research can benefit from the blockchain.
Led by a team at IBM's Watson Research Center, the patent application p
CFTC Fines Bitcoin Trader $1.1 Million for Crypto Fraud
The U.S. Commodity Futures Trading Commission (CFTC) has jailed a bitcoin trader and fined him over $1 million for running a fraudulent bitcoin and litecoin scheme.
According to a press release iss
Japanese Firms Claim Success in Marine Insurance Blockchain Trial
One of Japan's largest insurance companies, Tokio Marine & Nichido Fire Insurance, and IT firm NTT DATA have completed a trial that put the paperwork for marine cargo insurance claims on a blockchain.
Accenture Puts Software License Management on a Blockchain Platform
Global professional services giant Accenture has rolled out a new software license management application built with tech from distributed ledger startup Digital Asset.
Accenture announced in a pre