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Title: [2015-11-20]CCN-R3 GROUP PAPER: COLORED-COIN WATERMARKING WON’T SECURE... Post by: tolikkk on November 19, 2015, 09:30:37 PM R3, a bank consortium working to create industry standards for using block chain technology in banking, has released a paper claiming efforts to modify public block chains to secure off-chain assets using colored coins and metacoins do not provide secure, legal settlement finality of those assets.
Titled “Watermarked Tokens and Pseudonymity on Public Block Chains,” the paper argues that a distributed public ledger that secures off-chain assets cannot be both legally authoritative and censorship-resistant. Written by R3 researcher Tim Swanson, the 78-page paper goes into a lot of detail on this very complex subject. To achieve the goal of issuing, tracking and transferring virtual representations of off-chain assets, several startups have emerged to provide watermarking services, commonly referred to as “Blockchain 2.0,” the paper notes. https://www.cryptocoinsnews.com/r3-group-paper-colored-coin-watermarking-wont-secure-off-chain-assets/# (https://www.cryptocoinsnews.com/r3-group-paper-colored-coin-watermarking-wont-secure-off-chain-assets/#) Title: Re: [2015-11-20]CCN-R3 GROUP PAPER: COLORED-COIN WATERMARKING WON’T SECURE... Post by: RealBitcoin on November 19, 2015, 10:54:33 PM Use NXT maybe?
It has a very robust asset trading system. I`m not sure if fits their goal but i`ve seen there assets that are worth millions of dollars. |