#CryptoCorner: #BitTorrent Launching BTT Token On Tron Network, DX.Exchange to Offer Tokenized Stock Trading
January 3rd #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch
Point Roberts, WA and Delta, BC - January 3, 2019 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.'s (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and the Genesis Exchange and Wallet App bring you today's edition of the Crypto Corner podcast and commentary on what's driving the cryptocurrency market.
BitTorrent Launching BTT Token On Tron Network, DX.Exchange to Offer Tokenized Stock Trading, Thailand Introduces Blockchain-Based E-Voting and NY State Forms Crypto Task Force
CoinDesk reports that peer-to-peer file sharing company BitTorrent will be launching its own cryptocurrency on the Tron network. The new cryptocurrency will be called the BitTorrent Token (BTT). Tron acquired BitTorrent in June 2018. Justin Sun, founder of Tron and CEO of BitTorrent, said:
"In one giant leap, we can introduce blockchain to hundreds of millions of users around the world and empower a new generation of content creators with the tools to distribute their content directly to others on the web."
Bloomberg reports that DX.Exchange is launching a cryptocurrency platform that offers tokenized versions of Nasdaq stocks. The tokens, or digital stocks, are based on actual shares bought and held by DX partner MPS MarketPlace Securities Ltd. The article outlines a potential benefit in the ability of users to trade when traditional exchanges are closed. DX CEO Daniel Skowronski told Bloomberg:
"We saw a huge market opportunity in tokenizing existing securities. We believe that this is the beginning of the traditional market's merge with blockchain technology. This is going to open a whole new world of trading securities old and new alike."
The Bangkok Post reports that Thailand's National Electronic and Computer Technology Center (NECTEC) has developed blockchain technology for elections. The e-voting can be executed along with traditional voting until 5G is adopted, at which point all votes will be done through the blockchain. The article quotes Chalee Vorakulpipat, head of the cybersecurity laboratory at NECTEC:
"Nectec developed blockchain technology for e-voting that can be applied to national, provincial or community elections, as well as business votes such as the board of directors. The goal is to reduce fraud and maintain data integrity."
According to a Facebook post, New York will become the first U.S. state to form a cryptocurrency task force "to study how to properly regulate, define and use cryptocurrency". The post is from New York State Assemblyman and Chair of Subcommittee on Internet and New Technologies, Clyde Vanel. Vanel explained the task force:
"New York leads the country in finance. We will also lead in proper fintech regulation. The task force of experts will help us strike the balance between having a robust blockchain industry and cryptocurrency economic environment while at the same time protecting New York investors and consumers."
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