Post
Topic
Board Bitcoin Discussion
Re: Retail Giant Overstock to Issue its Own Stock on Blockchain Platform
by
The Pharmacist
on 16/03/2016, 23:58:24 UTC
Just to clarify, you mean they're issuing company stock on a blockchain platform?  Like shares in the company?  I don't know how that works but if this is the case then I'm all ears.  I'd love it if stock markets were open 24 hours/day but I'm sure it doesn't exactly mean that. 
Based on what I can see in this, they're only using the blockchain technology with their trading.

It'll be like saying "X bought 5 shares" and anyone can see it, exactly like the bitcoin network. If I am correct, that is.
OK, this is what I'm talking about and this has me a bit excited.  As you probably know, it currently is 3 days before stock trades clear and I think doing trades on blockchains would expedite this, no?  Also, would this not mean that stocks could be traded 24 hours/day?  Maybe not immediately but hopefully that will be in the works.  That's one good thing about trading crypto--the exchanges are open all night and you can trade whilst in your boxers or on the toilet.