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Satoshi Monday ft. Overstock's Medici Platform

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Satoshi Monday ft. Overstock's Medici Platform

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This Monday, January 19th, Satoshi Square will be having a presentation from Overstock.com about their upcoming Medici crypto-equity platform.

Here's what Wired had to say about it:

Overstock.com is building software, based on the bitcoin digital currency, that could allow the big-name etailer to issue corporate stock over the internet, sidestepping traditional stock exchanges such as the NASDAQ and the New York Stock Exchange.
The Salt Lake City-based company recently hired two of the developers behind CounterParty—an online project that helps individuals and businesses build all sorts of financial services atop the worldwide network of machines that drive bitcoin—and according to Overstock founder and CEO Patrick Byrne, these coders will help build “cryptosecurity” software that any company could potentially use to issue financial securities over the net. Mirroring bitcoin—known as a “crytocurrency”—these securities would be controlled by cryptographic algorithms running across computers spread across the globe, not by a central stock exchange.

Satoshi Square peer-to-peer Bitcoin trading to follow the presentation!

See you there!

More info:

http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/

http://www.coindesk.com/overstock-hires-counterparty-developers-build-cryptosecurity-stock-exchange/

Satoshi Square Every Monday Night

7:00 p.m. to 11:00 p.m.

World’s Largest Direct Sellers-to-Buyers Trading Pit aka

‘The Nakamoto Circle of All Satoshi Squares’

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New York, NY 10004

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