Overstock Blockchain Securities Platform Presses Onward, with Some Questions Raised
Overstock.com, one of the most visible retailers to embrace bitcoin, grabbed the interest of securities traders when it announced a blockchain-based securities platform and later won government approval to issue stocks via the blockchain.
To help securities traders learn more about Overstock’s plans with its securities trading technology, Alex Pitti, a writer for Seeking Alpha, interviewed the communications director of Overstock.com. As a result of this interview, Pitti concluded he is not recommending Overstock stock since he questions Overstock CEO Patrick Byrne’s interest in the company. Pitti adds that he will consider investing in the company’s blockchain-based securities platform Medici when Overstock sells it.
https://www.cryptocoinsnews.com/overstock-blockchain-securities-platform-presses-onward-questions-raised/