Overstock Announces for utilizing colored coins to issue a digital corporate bond

By June 6, 2015Bitcoin Business

Overstock, the e-retail giant, has always been optimistic and enthusiastic about digital currencies, particularly, its CEO Patrick Byrne. The latest announcement that it will utilize colored coins to issue what it calls a “digital corporate bond” , or a cryptocurrency-based security, based on the Bitcoin blockchain is another step towards the same goal.

In the announcement, the company says that the issuance forms part of its development of cryptographic security technology is aimed at reducing […]

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