http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market
This is cool as fuck, tbh. Almost every 2nd gen crypto has been pitching to Overstock this year, and it looks like Overstock/Patrick Byrne has decided to cut through all the bs associated with choosing a platform in favour of developing their own. I'd have preferred they use NXT, but, hey, you can't win them all.
This means that we are going to see some very interesting developments for all of crypto.
If the Overstock/PB 'Medici' syatem can get SEC approval.....this could open the door for all 2nd gen crypto-currencies/asset issuance platforms, and certainly won't hurt with the adoption and use of 1st gen crypto.
I have a feeling that this project could be one of the things that drags crypto into the mainstream........
Fantastic news! Patrick Byrne, despite he being rather colourful, is the CEO of a solid listed public company. He's obviously not the lobbying type, but none of us are...and he has a lot more clout than all of us put together. Whatever he bulls through, will serve as a solid precedent for the AE of Nxt, plus the AEs of Nxt clones like NFD.
Durn right I'm rooting for him...