Overstock.com has received approval to trade stock using the bitcoin system called blockchain.
The world of stocks just got a major technological shake-up, thanks to the company Overstock.com. A request by the company has just been approved by the United States Securities and Exchange Commission which approves the transfer of stock through the online system called blockchain. This is the same system used for the digital currency bitcoin. In an interview with WIRED, Overstock CEO Patrick Byrne explained that going public with this new system of stock exchanges is "high on our list of priorities for 2016." Many financial analysts are seeing this as the beginning of a new age for stock exchange, with the potential flying very high for more and more companies and financial institutions to follow-suit.
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