"As for Symbiont, it hasnt publicized which blockchain it plans to implement for its self-executing securities, or if it will develop its own blockchain, as is the case with one of the company's competitors."
Man, are these guys going to use Counterparty or not?
This is random conjecture. Just read whatever is in quotation marks. The article even cuts off mid sentence at one point...
Its impossible to send that equity to any person without having gone through a number of steps that are written in the contract, said Krellenstein. Instead of the contract being legally binding, it is programmatically binding theoretically, that means the terms cannot be violated, which is good news for
wtf?
Welcome to the world where writers are underpaid and overworked and the only thing that matters is page views on churned out content. As far as I can tell, they take a few quotes, new ones in this case, then add "flavor" to it, but don't provide anything to back up the additional information, because there is nothing to back it up. Again, this guy may be right, but it's just his opinion until it's a quote or there's a legit source. Until then, the Counterparty.io post is king.
EDIT: And yes, obviously they are going to use Counterparty...