A lot of the projects that are being hyped or anticipated in the bitcoin ecosystem sometimes fill me with a feeling of “why are they doing it in such a convoluted way?”. Many of the projects would be much easier to do on the NXT blockchain, for the simple reason you do not need an extra layer on top of the bitcoin blockchain.
Personally, I’d rather do things natively in one system, than build something else on top of another to make things work. In NXT, a lot of the functionality, like authentication, account security, Proof of Existence, and multiple ways of trading etc are already built in, for the simple reason that we can.
As I’ve said in my previous article, the new year is a time when we look forward to see what is on the horizon.
I’d like to add my own choices to your lists of companies or initiatives to keep an eye on in the coming year.
Open Trade Docs is a company that was started by the startup DeBuNe and with it they received a place in the Singapore Startup Bootcamp. Open Trade Docs develops solutions for document tracing, verification and security.
Sweet and simple, Scriba uses the NXT blockchain to provide very simple solution that will have big repercussions. Their blockchain notary is a very simple example of how easy it is going to be to record data in a non-falsifiable and time-stamped way. I am looking forward to seeing how they develop their other products.
Another application from …
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