Could this give OpenLedger the advantage it needs to stand out?

Started by Akado, February 01, 2016, 01:28:21 PM

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Akado

Quote from: xeroc on February 01, 2016, 02:13:54 PM
Sure we can do it .. and if they can be trusted to not skrew with their own user base over here .. we can even ask them to provide the price fee on their own ..
What is important to understand is that in BTS, those assets would be more like "derivatives" and do not represent "the real thing" but an asset that has the price of "the real thing"

Just like any other asset we have. But I understand the need to state that. Thankfully our assets have descriptions so that can clearly be stated there.
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xeroc

Sure we can do it .. and if they can be trusted to not skrew with their own user base over here .. we can even ask them to provide the price fee on their own ..
What is important to understand is that in BTS, those assets would be more like "derivatives" and do not represent "the real thing" but an asset that has the price of "the real thing"

Akado

Quote from: xeroc on February 01, 2016, 02:00:12 PM
I see no issue here. Contact them, tell them that we are the only blockchain that has a feature to run their assets KYC/AML compliant ..

I wasn't talking about asking them to list their shares here. I was talking about us being able to trade it by having witnesses provide a feed for it, like any other asset we've added like the Shenzen index for example. As long as it's backed.

Can't we do that? If we can do it with any other asset, why the need to contact them?
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xeroc

I see no issue here. Contact them, tell them that we are the only blockchain that has a feature to run their assets KYC/AML compliant ..

Akado

We know exchanges who add the trending currencies can easily grow, look at Polo with Eth and Factom, etc

So what if we were the first trading this in the cryptoscene?
http://bitcoinist.net/digital-currency-group-hints-at-going-public-in-the-future/

Could we get a feed for that? Would we have any legal issues? It would certainly attract attention. The only place where this could be traded.

Cryptos are growing, this is one of the biggest companies. I'm sure some people are bullish on this. Imagine being able to trade it. No one would be restricted, everyone could do it. Imagine being able to do the same with Coinbase and others. Stock Indexes are fine but people might find it more attractive if they think the whole cryptoscene still has plenty of room to grow. Being able to invest in one of the first successful companies around is a definitely a good opportunity
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