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SETL now a BTS competitor

Started by lil_jay890, July 28, 2015, 06:08:52 PM

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bobmaloney

The article doesn't mention any technological partnerships.

QuoteCulligan explained that SETL has been designed from the ground up to meet the needs of the financial sector. Perhaps most importantly, SETL is more in tune with the regulatory landscape than existing blockchains.

Who is or will be building a 100,000 TPS distributed blockchain exchange and ledger for them?
"The crows seemed to be calling his name, thought Caw."
- Jack Handey (SNL)

Ander

bts itself is still private and anonymous.  Its just the user issued assets that have the option of being whitelist.
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lil_jay890

Just read this article on cointelegraph

http://cointelegraph.com/news/114993/founder-of-european-stock-exchange-launches-blockchain-startup

Basically, they offer 100,000 transactions per second on their own blockchain.  They require all keys to be registered by a regulatory body, which sounds a lot like bts proposed ability to whitelist.

Its making me nervous that all the competitors are popping up as our product continues to have endless upgrades & feature adds without ever having a release.  Even if these competitors don't offer everything bts 2.0 is promising, it seems like there is someone to compete with almost every product bts offers.  I think the ability they have to offer 100k tps really blunts our edge.