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October 19th, 2015 
Awake Goy In June, Bitcoin Magazine reported that e-commerce giant Overstock had become the first company to offer qualified buyers the option of purchasing corporate bonds that will trade using Bitcoin’s blockchain protocol. In July, we reported that Overstock CEO Patrick Byrne is interested in “cleaning up” Wall Street.
“We have started building things that replace what Wall Street does,” said Byrne. “It does them far cheaper, and with far more transparency, and without any of the opportunity for rigging.” Overstock’s platform, known as t0.com, applies the security and efficiency of cryptographically-protected, distributed ledgers to the world of finance. “T0’s radical transparency and true settlement combine to grant real, unambiguous ownership – nearly instantly,” states the t0 website. “If you buy it, you own it. It’s that simple.”
t0.com is an assumed name for Medici, Inc., which is a majority-owned financial technology subsidiary of Overstock. The Medici project was first announced by Byrne in 2014 at Inside Bitcoins Las Vegas. Overstock is a large online retailer based in Salt Lake City, Utah. The company, which went public in 2002 at an IPO price of $13 and now trades at $17, is likely to enjoy first mover advantages in the novel and very promising sector of crypto-securities. In fact, the crypto-stock exchange could sidestep traditional stock exchanges such as NYSE and NASDAQ and issue corporate stock directly over the Internet. T0 partnered with a number of banks, including the Industrial and Commercial Bank of China (ICBC), which Relbanks ranked as the largest bank in the world, to test its technology.
In July, Byrne said to expect further announcements about the t0 platform, and that it presents an “extraordinary opportunity” for Overstock because it has the potential to be disruptive.
Now, Overstock announced that it successfully completed another production beta test of its t0 software, by successfully using the bitcoin blockchain to record evidence of compliance with SEC Regulation SHO before a trader can engage in a short sale. Mandatory compliance with Regulation SHO, which was adopted to update short sale regulations, began in 2005.
Source Article from https://www.freedomsphoenix.com/News/185099-2015-10-19-t0-com-completes-successful-production-beta-test-of-its-crypto.htm?EdNo=001&From=RSS
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