On his blog, David R. Sterry's has published '8 Ways to Counterparty'
http://davidsterry.com/blog/2014/12/8-ways-to-counterparty/Is this same list of 8 applicable for Clearinghouse now or in the future? Is Clearinghouse playing in exactly the same field as XCP or does it give possibilities other then this list of 8? Where in this list XCP could be replaced by XCH? Is there a niche for XCH?
Here the main topics taken from the blog:
'
1. Fractional OwnershipIn recent years,
crowdfunding has enabled tons of folks to go from an idea or rough prototype to build at least a small business. The next frontier in the crowd-space is
crowdequity where hundreds or thousands of investors buy a piece of a new enterprise. XCP makes crowdequity simple to setup and administer. Create a token and sell it via a token-vending service to grant ownership to shareholders. Later, you can pay dividends in XCP with a single click or hold a shareholder vote by issuing voting tokens to your shareholders.
(in US, there are restrictions .... Hopefully this will change ... Overstock.com is also working on a platform called Medici ...)
2. Bets & Prediction marketsXCP’s
decentralized exchange (DEx) enables users to do trustless trade between native tokens like XCP and FLDC as well as with bitcoin. Similarly, XCP’s betting and
contracts-for-difference features enable users to do trustless betting with XCP on virtually any event. These work by attaching a bet to data published by a third party in a broadcast transaction. By promising to report accurately about a future event (whether it be sporting, political, or economic) the broadcaster can collect a small fee while the bets themselves are offered, matched, and settled directly between users by the protocol. In this case there is no “house”; the closest thing is the broadcaster themselves who earn fees for their reporting.
(...an oracle may misreport an event outcome. In this case... While building and trusting online reputation systems is an immense challenge ...)
3. GamesYou can play a fairly slow, but
fully escrowed game of Rock Paper Scissors with XCP.
4. Alternate Token Distribution SchemesBitcoin acheives security by rewarding miners for their work. At the same time, mining distributes the coins that will forever be traded in the system. With XCP, transactional security is provided by the Bitcoin network freeing token distribution schedules to better for an issuer’s needs.
(...Instead of mining for security, LTBcoins are earned by building content and community)
(Another example is [FoldingCoin](
http://davidsterry.com/blog/), a project started in mid-2014 where members of Stanford’s Folding@Home project can be paid a portion of daily FLDC distributions...)
(Creative, dependable token distribution provides an investor with the option to support not just an individual developer but a platform and an economy based on the token. If you think either of the above projects are doing valuable work or that the value of their tokens may increase, you can buy some to hold or redistribute towards advancement of their respective platforms.)
5. Access ControlAdvancements such as OAUTH and smart cards are growing in adoption, but what we use today largely depends upon shared secrets. Passwords and PINs have worked for decades but with the growing incidence of hacks on online services, retail and even banks, they are starting to show their limitations. XCP tokens can be used for access control and can marry different architectures to provide granular and dynamic access.
(By using what’s called
Token Controlled Viewpoint (TCV), each account on a service can be cryptographically associated with any number of Bitcoin addresses. Once linked, the inventory of tokens can enable your account to access and interact with certain services. This has been developed in the Let’s Talk Bitoin community where early members of the site received a token called EARLY that as entitles them to access the Founders Forum. Anyone can create an exclusive forum on their platform for a small fee. More imporantly, anyone can create their own forum (look up Tokenly for a head start) and with counterpartyd and a bit of code attach their own roles and responsibilities to holders of tokens.)
6. ScarcityWith XCP you can acheive simple and inexpensive digital scarcity. Just create an asset, issue units of the asset and lock it. From then, there will never be another satoshi of that asset in the Counterparty universe. Use cases include collectibles (more on that below), currencies, points, shares, awards and medals – anything for which scarcity adds value.
(...you can have scarcity, you can also have amounts of points floating around that get people excited, like the several million points often awarded in a video game)
7. Proofs-of-existence and records of predictionThe broadcast feature need not be connected to a future event or bet. You could also use the system to encode that you are going to become captain of your football team in the next 12 months or that you will lose 10 pounds in 6...)
8. Insta-ETFsXCP also enables the separation of
custody and ownership; trade from shipping; physical possession vs. the right to sell. Any pawn broker or secure storage facility can issue a digital asset representing an item or collection of items they hold. Rare coins, gold, silver, art, and collectibles are all candidates that may make sense to be traded in this way. The custodian merely needs to provide inventory reports and the name of the XCP asset that goes with each item or collection.
(Trade is taken care of either on the DEx or off-chain with no custodial intervention necessary...)'
