The security token trading platform · tZERO, a subsidiary of Overstock.com, developed a crypto-asset integration platform and obtained a patent from the US Patent and Trademark Office.
Until now, the physical assets and the digital assets are different exchanges, different investors have been targeting different investors, and the asset prices continue to be different depending on the exchange even with the same assets.
The platform provides a place to trade digital assets including cryptographic assets and traditional financial assets and integrate information on these different asset markets to find the best price for each asset .
It is expected that this will improve inefficiency and price discrepancies inherent in trading of physical assets and digital assets.
Block chains enable you to authenticate asset holders and carry out secure transactions and become one big platform on which different assets are concentrated, such as cryptographic assets and other traditional financial assets.
A company named tZERO which succeeded in getting a patent by technological development of this platform is a company which was originally changed the name of Medici as a company after being acquired by overstock in 2014. Currently it functions mainly as a security token exchange.
Overstock Inc. (Overstock.com), the parent company of tZERO, is an Internet mail order company established in 1999. It was taken up by the New York Times Co., Ltd. as being the site which will give out the maximum profit rate by calculation per average visitor per day.
If you are interested in news related to overstock please refer to this article.
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Article Source: Overstock’s tZERO Wins Patent for Integrating Crypto With Legacy Trading Tech
Author: shimada – Source Post: https://crypto-times.jp/tzero-platform/
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