Pat Byrne, a fan of bitcoin and runs an online goods hold and deliver. So Overstock, or some subsidiary, runs a crypto security product. It guarantees ownership, but adds smart contract. His company is after mark to market pricing, then he guarantees fulfillment.
PB: The big revenue picture is licensing to other people who want a block chain exchange but we're not waiting around for that to happen. We're going to keep developing the platform.He should attach his contract service to a pit
There are six companies lined up that want to go public on it. We're talking about non-public companies that want to issue stock but they are smaller companies. We've got a marijuana supplier business; it's a company that manufactures grow equipment, for instance. Smaller companies that would go public in the current market under Regulation
t0 is a distributed ledger and trading platform for capital markets, but that could mean a lot of things when it comes to how the platform is used. What sorts of use cases are you exploring?
PB: The real big market here is pre-IPO, large companies that don't want to go public in the American capital market. Imagine if you're a venture capitalist and you want 12 years of liquidity and investment. With t0, we could take the Series B of some monster unicorn startup out of Silicon Valley and tokenize it on the blockchain. So, when a company like Uber does a Series B funding round, 40 people invest. Only those 40 people can then sell their Series B stock to each other and not to someone else. We can program that right into the blockchain system [using a smart contract].
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