Overtsock has invested iv 1000000 into Barbados startup Bitt who before this yr unloose a digital currency version of the Barbados dollar.
Bitt uses the colored money protocol which allows other assets to live on stored on the blockchain in addition to uses a tiny total of bitcoin to fuel the blockchain transaction. This is like to how Overstocks T0 platform industrial plant when recording its stock on the blockchain.
The fellowship plans to purpose a component division of the funds to satisfy its regulatory requirements in addition to is currently focusing on producing ATM's for its currency.
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