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MyIronMan
Bitcoin tech approved to issue shares

Link: https://www.engadget.com/2015/12/16/bitcoin-tech-approved-for-stock-trad...

It's now a old news that Overstock wants 'blockchains' to transform the stock market. It's the very first time, the US Securities and Exchange Commission (SEC) is allowing a company to issue public shares using the technology behind Bitcoin. The technology is also being considered by major banks like Goldman Sachs, JPMorgan Chase & Co., and Barclays.

It'll be amazing. Right?

 

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Alex_Smith

What's interesting to me is the fact that even banks like Goldman Sachs and JP Morgan are considering the technology. The shakeup if that ever happens is going to be massive. 

 

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iamheather12

Agreed. This is big and might have a rippling effect on other industries.

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Hyden Sober

Overstock has already used the blockchain to issue private bonds, which didn't require explicit regularity approval. Now, the SEC has told the company that it can issue public securities in much the same way.

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