blockchain protocol designed to host industrial-scale decentralized
applications (DApps) and launched this summer following a $4 billion initial
coin offering (ICO), has created no shortage of buzz in the enterprise
blockchain space. If fully realized, it could be an incredible tool for large
corporations to begin reaping the benefits of decentralization. However, its
delegated-proof-of-stake (DPoS) consensus model and some hiccups around how
this functions have been controversial.
answers to some of the most pressing questions around EOS, we spoke with Thomas Cox,
executive director of the EOS Alliance, and Myles Snider, CEO of Aurora EOS, an EOS block producer.
Last month, the financial services
company Fidelity Investments announced “Fidelity
Digital Asset Services” (FDAS), a subsidiary limited liability
corporation focused on bringing cryptocurrency trading to institutional
investors, including hedge funds, pensions and endowments.
The company will offer custody for
digital assets to support bitcoin, ether and an unnamed variety of altcoins
offline, in vaulted, deep cold storage. This new corporation will also offer a
cryptocurrency platform and advisory service for institutional clients 24 hours
a day, seven days a week, apace with the constant trading cycle of
Blockchain technology has the ability to change the
parameters of the traditional world, making out-of-the-box ideas a reality. The
real estate market in particular has many limits, including a lack of
liquidity, as well as a cumbersome ecosystem that could be made to be much
smoother. As such, blockchain technology has the potential to unlock the true
potential of the real estate market.
The world of traditional finance offers security, insurance and a
proven system for investors and traders to participate and grow their funds.
But this system has many limitations.
Meanwhile, the blockchain and cryptocurrency space can offer nearly
boundless potential, freedom and profits, but it lacks stability and
regulation, resulting in little buyer protection. So can tokenized securities serve
as the best of both worlds?