For years, companies have worked to facilitate the process of buying, selling and trading shares. Today, a plethora of startups that work by investigating the possible uses of blockchains has succeeded, in various ways, in automating and guaranteeing greater efficiency to the whole process.
TØ.com, which is a subsidiary of Overstock, wants to enable online stock transactions using blockchain technology.
Overstock has already used the registries distributed in the issuance of private bonds but now, reports Wired magazine, the SEC (the US federal body for the supervision of the stock market) has granted TØ.com the right to issue public securities.
Meanwhile, the startup specialized in distributed ledger Chain is working with the Nasdaq to allow the trading of shares of private companies through a distributed register.