Hedge Fund Borrows $10M in Stock Via the Bitcoin BlockchainYesterday morning, New York time, a company called Clique Fund used the bitcoin blockchain to borrow $10 million in stock.
Bitcoin is the world’s most popular digital currency, and the blockchain is the vast online ledger that underpins bitcoin, tabulating transactions using thousands of independent machines spread across the globe. But the blockchain can oversee more than just the exchange of money. It can also oversee the exchange of, well, anything that holds value. That includes stock and other financial securities.
http://www.wired.com/2015/10/hedge-fund-borrows-10m-in-stock-via-the-bitcoin-blockchain/
