Topic: WSJ: NASDAQ to use Blockchain Technology (Read 1625 times)
Multi-stage?
It's exciting and awesome, the blockchain ledger is seen by some in the financial industry as the most compelling aspect of bitcoin because it can be used beyond merely buying and selling goods or services with a new currency.
The blockchain is maintained, updated and verified by a vast global network of independently owned computers known as “miners” that collectively work to prove the ledger’s authenticity.
In theory, this decentralized system for verifying information means transactions need no longer be channeled through banks, clearinghouses and other middlemen. Advocates say this “trustless” structure means direct transfers of ownership can occur over the blockchain almost instantaneously without the risk of default or manipulation by an intermediating third party. One idea is that encrypted, digital representations of share certificates could be inserted into minute bitcoin transactions known as “Satoshis,” facilitating an immediate, verifiable transfer of stock ownership from seller to buyer.
The blockchain is maintained, updated and verified by a vast global network of independently owned computers known as “miners” that collectively work to prove the ledger’s authenticity.
In theory, this decentralized system for verifying information means transactions need no longer be channeled through banks, clearinghouses and other middlemen. Advocates say this “trustless” structure means direct transfers of ownership can occur over the blockchain almost instantaneously without the risk of default or manipulation by an intermediating third party. One idea is that encrypted, digital representations of share certificates could be inserted into minute bitcoin transactions known as “Satoshis,” facilitating an immediate, verifiable transfer of stock ownership from seller to buyer.
One way or another the Blockchain will be used in the future
The question is Bitcoins role in it.
brace yourselves! 
If true, it's among the biggest news we have ever had.
"They're using the Open Assets Protocol, a colored coins implementation on top of bitcoin."
https://twitter.com/mikejcasey/status/597567234056159234
That is what I call HUGE NEWS!
it is my friend, it is.
If true, it's among the biggest news we have ever had.
"They're using the Open Assets Protocol, a colored coins implementation on top of bitcoin."
https://twitter.com/mikejcasey/status/597567234056159234
That is what I call HUGE NEWS!
Block chain! 
"Change can be ignored and denied, but it will still happen."
I hope this is a skier that start a avalance.
-Grg
"Change can be ignored and denied, but it will still happen."
I hope this is a skier that start a avalance.
-Grg
It's exciting and awesome, the blockchain ledger is seen by some in the financial industry as the most compelling aspect of bitcoin because it can be used beyond merely buying and selling goods or services with a new currency.
The blockchain is maintained, updated and verified by a vast global network of independently owned computers known as “miners” that collectively work to prove the ledger’s authenticity.
In theory, this decentralized system for verifying information means transactions need no longer be channeled through banks, clearinghouses and other middlemen. Advocates say this “trustless” structure means direct transfers of ownership can occur over the blockchain almost instantaneously without the risk of default or manipulation by an intermediating third party. One idea is that encrypted, digital representations of share certificates could be inserted into minute bitcoin transactions known as “Satoshis,” facilitating an immediate, verifiable transfer of stock ownership from seller to buyer.
The blockchain is maintained, updated and verified by a vast global network of independently owned computers known as “miners” that collectively work to prove the ledger’s authenticity.
In theory, this decentralized system for verifying information means transactions need no longer be channeled through banks, clearinghouses and other middlemen. Advocates say this “trustless” structure means direct transfers of ownership can occur over the blockchain almost instantaneously without the risk of default or manipulation by an intermediating third party. One idea is that encrypted, digital representations of share certificates could be inserted into minute bitcoin transactions known as “Satoshis,” facilitating an immediate, verifiable transfer of stock ownership from seller to buyer.
maybe they are trying bitshares 
Įt only makes sense to use the power of the bitcoin blockchain. No other network is near as sucure and strong.
A rocket has lifted off.
So, have they accepted the fact that relying on fiat isn't that viable for any longer? Apparently, they are seeing that crypto-related technology would be the future of finance and economics. This is big once they started using it.
At some point all good things come to an end. Even the
FTFY
Now, we know they are using the Bitcoin blockchain to get their job done.
The questions is: Will they be using Bitcoins?
Looks like it's purely being used as a ledger mechanism in this instance. However once its effectiveness is proven it makes sense to continue over into the payment and settlement side of things.
Aside from being a public ledger, I don't see anything more to the block chain (at least for my own thinking). It could be a proof that a certain transaction is valid and therefore must be kept anyways, but that's all I can think of.
Looks like it's purely being used as a ledger mechanism in this instance. However once its effectiveness is proven it makes sense to continue over into the payment and settlement side of things.
So, have they accepted the fact that relying on fiat isn't that viable for any longer? Apparently, they are seeing that crypto-related technology would be the future of finance and economics. This is big once they started using it.
At some point all good things come to an end. Even the smart people in the room know this.
So, have they accepted the fact that relying on fiat isn't that viable for any longer? Apparently, they are seeing that crypto-related technology would be the future of finance and economics. This is big once they started using it.
If true, it's among the biggest news we have ever had.
"They're using the Open Assets Protocol, a colored coins implementation on top of bitcoin."
https://twitter.com/mikejcasey/status/597567234056159234
If true, it's among the biggest news we have ever had.
"They're using the Open Assets Protocol, a colored coins implementation on top of bitcoin."
https://twitter.com/mikejcasey/status/597567234056159234
What I got from the article..... There's no denying that crypto is or could be the future. But the question is, is Bitcoin?
The writer reckons so.
https://twitter.com/mikejcasey/status/597545262345682945
NASDAQ is using coloured coins on the only blockchain that counts.
Oh good then.
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