This led to a similar rise in the price of
alternative blockchain tokens, dubbed «altcoins.»
Not exact matches
Last month, Overstock announced that tZERO — one of its
blockchain portfolio companies — had entered into a joint venture with the Argon Group and RenGen to develop the first U.S. regulated
alternative trading system (ATS) and platform that will be support trading for security
tokens.
The market for
alternative cryptocurrencies, a collection of digital
tokens with different
blockchain networks and value propositions than the bitcoin protocol, received significant tailwinds earlier this week as bitcoin traders sat on the sidelines waiting to hear the latest news from China.
Yet questions remain about which network the
token will operate within, given that one document released today highlights the ethereum network, while another, constituting a buyer's guide, cites an
alternative blockchain system called NEM.
There, Kik's head of
blockchain engineering and security, Leonid Beder, said the firm was interested in «kin»
token buyers» views on possible
alternative blockchains that could replace ethereum.
Factom had originally intended to use the Omni protocol, an
alternative layer that allows
tokens to be issued on top of the bitcoin
blockchain.
Over the year,
blockchain token sales, colloquially known as «initial coin offerings» or ICOs, quickly became an
alternative to traditional venture capital.
By using
blockchain technology, Tether enables you to store, ship and receive digital
tokens (Tether Coin) that are tied to dollars, euros and yen and are stored, shipped and received personally, worldwide, instantly and securely for a fraction of the cost of each
alternative.
But most of these banks are using technology provided by Bitcoin rivals that developed
alternative blockchain tech and
tokens that are currently trading on exchanges right alongside Bitcoin.
The Cardozo
Blockchain Project, along with the contributors to this report are working together to develop
alternative frameworks or, at a minimum, guiding principles that can help guide projects seeking to sell or pre-sell utility
tokens.
The post
Alternative Blockchain Development: Xenon Becomes the Most Widely Held
Token Ever appeared first on Bitcoinist.com.
The subsequent launch of Terrastream, to develop a
token - based
alternative funding solution operating in Gibraltar saw us become a venture builder as well as an investor and accelerator in early stage
blockchain companies.