Here is the idea.
Qora (use multisig) with ChromaWallet (colored coins)https://bitcointalk.org/index.php?topic=106373.480http://chromawallet.com/#ChromaWallet is coming along quite nicely. Share your love with killerstorm and others on the thread,
https://bitcointalk.org/index.php?topic=106373.480One of the biggest hurdles we will be facing in the next few months with decentralized exchanges, is Regulation of some sort in the cryptocurrency world.
We are already seeing some legislation being worked on in different parts of the world.
Business Development for Cryptocurrencies (
Qora) should be a
#1 priority besides an an easy to use interface.
We have recently seen a lot of investment from venture capitalists and they are spending the money to invest in the technology.
I propose that we add a centralized function (for now) with the Colored Coins/Assets/with multisig in the Qora implementation.
For those companies/crowdfunding that would want to list on a decentralized exchange, they might have to abide by KYC (know your customer) and AML (Anti-money laundering) regulation.
I suggest we build this into the Colored Coins/Assets implementation as an
Option (check box) for the company/crowdfunding issuing assets, etc...
Once they would use the
check box or radio button, a Payment Compliant Industry (PCI) vendor or what I call a Crypto Payment Organization would verify the registration of the Asset. etc...
This is when we fuse centralized with decentralization and then decentralize for good.
Let me know your thoughts about this.