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Stakeholder Proposals / Re: @MrWang & WangChange News & Announcements
« on: May 31, 2017, 08:23:35 am »
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Why are stealth transactions valuable to the groups listed? traders, hedge funds, venture capital, mutual funds
In this term sold means to commercialize. In general, a company itself needs to own the IP so that it can commercialize and market the software it developed. Also in the case of granting any license to the public, one has to own the IP first.Quote from: chris4210Without these IP transfer documents, the code is still owned by the original developers and cannot be sold by the company.
Sold to whom?
In our case of BitShares Munich, we have different options how we can use the software we developed.
* Sharing the source code of the mobile wallet with an MIT x11 licence for free
* Selling white label versions of the mobile wallet to clients
* Selling a privatized and modified version of the mobile wallet to clients
* Integrate the source code of the mobile wallet into an existing app and add value to their user base
* Plus many more options
All those potential revenue streams are not possible without the company owning the IP. Hope I explained it good enough in the examples given above.
I think private/stealth transactions are heavily discussed, maybe not in this community, but in blockchain in general. When I spoke to merchants, banks, and SME they were very interested in keeping their financial transaction history private. On the other side, all transactions are documented on a blockchain forever and are full publicly visible for everyone because we all love transparency. Especially government and the public sector financial transactions should be more transparent in my point of view.
In my personal opinion, the bitshares stealth feature should be developed in such a way that it gives individuals the protection they seek for a reasonable small price. On the other side the transaction type "stealth" should be too expensive or "unattractive" for criminal activities so that they look for easier alternatives. In this way, we could keep the balance between the two sides.
I want to avoid that the BitShares Platform and our company BitShares Munich is getting into any legal troubles for providing criminals a platform.
Without these IP transfer documents, the code is still owned by the original developers and cannot be sold by the company.
Stealth is a very sensitive technical feature for the BitShares Platform and is also highly debated. One the one side Stealth can be used to protect the privacy of the users, on the other end it can be used for illegal and criminal activities. Both sides have to be considered and evaluated while developing this feature.
but I do think the community should take action to claim their piece of the eos pie.
WowA bigger source of value is smartcoins.
You need BTS to issue them.
Demand for smartcoins should result in demand for BTS.
Something tells me that when private transactions finally arrive, sprinkled with some good marketing / raising awareness from us, will result in much higher demand for smartcoins.
All other crypto-communities would benefit from storing profits in bitUSD and other smartcoins.
How many traders are out there who would take profits in USD if they didn't have to give ID
Bitshares has grown in value by 2500% over three months.
That's really amazing.