Sounds very exciting. But I don't fully understand it yet, I tried to read some material on Open Transactions and BitMessage but still missing the point. Can anyone summarize what it is that OT and BM do, exactly?
OT is a system for federated issuing and transacting of various currencies. It can work with and without blockchain-based currencies.
Bitmessage is a p2p system for messages as well as subscriptions/broadcasts.
In our proposed protocol, OT federated servers will utilize Bitmessage as a discovery layer to enable cross-server escrow, for the purposes of market trading and wiring of funds between OT servers (and in/out of the legacy banking system.)
Thanks a lot man, much appreciated!
As a non-native English speaker, my interpretation of 'federated' is somewhat ambiguous, would that be something like 'based on a universally agreed upon protocol' or something else?
And how do you mean 'discovery' in this context: finding eachother i.e. bringing people (or the services they request and provide) together?