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How to issues shares on blockchain?
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Topic: How to issues shares on blockchain? (Read 804 times)
johny1976
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How to issues shares on blockchain?
August 29, 2016, 12:40:54 AM
#1
Hello guys,
I wonder what is in your opinion the best way to issue tokens representing shares of particular company on blockchain.
Would you use standalone coin, use established blockchain? What platform would you use for it?
Thanks
pedrog
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Re: How to issues shares on blockchain?
August 29, 2016, 10:18:09 AM
#2
There are several projects that use colored coins, you should use an established one not build your own.
Colored coins rely on microtransactions on the bitcoin blockchain, microtransactions are being priced out of the network, any project that uses may be endangered, so if you don't want the trouble of migrating sometime down the road you should use other chain.
Ethereum is rising in popularity you should give it a look.
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ricku
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Re: How to issues shares on blockchain?
August 31, 2016, 07:57:37 AM
#3
I agreed with pedrog that you should make use of an existing blockchain platform in order to reduce cost but i do not agree with the coloured coin because you might have problems with the coin explorer, wallet, source and the likes.
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johny1976
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Re: How to issues shares on blockchain?
August 31, 2016, 01:56:32 PM
#4
Quote from: ricku on August 31, 2016, 07:57:37 AM
I agreed with pedrog that you should make use of an existing blockchain platform in order to reduce cost but i do not agree with the coloured coin because you might have problems with the coin explorer, wallet, source and the likes.
So what would you suggest to use?
mobnepal
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Re: How to issues shares on blockchain?
August 31, 2016, 04:42:23 PM
#5
I also think you should utilize the existing blockchain nodes and may be this one will help
http://www.multichain.com/
However i haven't personally tried this looks like this can be your solution but i am not quite sure.
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