Po.et to Support Custom Content Licenses

During April of 2018 Po.et will start fully supporting custom content licenses in addition to Creative Commons and other industry standards
28 March 2018   331

Po.et is a shared, open, universal ledger designed to record metadata and ownership information for digital creative assets, which also is a continuation of Proof of Existence, the first non-financial application of the blockchain. By creating an open platform on the Bitcoin blockchain, Po.et aims to create the most institutional, globally-verifiable record of digital media assets.

We have reviewed the roadmap of the Po.et platform in order to find out which new updates the team behind the project is preparing, and we found out that the newest update that Po.et is going to deliver to its customers is the support for custom content licenses in addition to Creative Commons and other industry standards. The Marketplace Licensing process will be launched in April 2018.

Po.et RoadmapPo.et Roadmap

As for the long-range goals of the Po.et platform, it plans to let the multiple owners for a digital asset share the profits and licensing revenue from that asset by the end of June 2018, and enable frictionless and instant micropayments via Payment channel support during September 2018.

At the moment of press, these are main market parameters of Po.et token:

Average price: $0,033443
Marketcap: $74 806 664
24h volume: $3 732 580

Coinbase to Issue New Statement

As reported, company says it was wrong about SEC approval of acquisitions
18 July 2018   9

Vice President of Communications of Coinbase Rachel Horwitz denied the information that the company received approval from the Securities and Exchange Commission of the United States for a deal to buy brokerage companies. This is reported by Bloomberg.

It is not correct to say that the SEC and FINRA approved Coinbase’s purchase of Keystone because SEC was not involved in the approval process. The SEC’s approval is not required for the change of control application. Coinbase has discussed aspects of its proposed operations, including the acquisition of the Keystone Entity, on an informal basis with several members of SEC staff.

Rachel Horwitz

Vice President of Communications, Coinbase

On Monday, a spokesman for Coinbase said that the company received permission from the SEC and the Agency for Regulation of Financial Institutions (FINRA) to purchase Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC.

However, despite the refutation from Rachel Horwitz, Coinbase still intends to obtain a license to carry out brokerage activities.