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   358

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

Bakkt to be Launched in December

It is also reported that Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure
19 October 2018   53

The expected launch of the Bakkt will take place on December 12 of this year. It is reported by The Block, citing informed sources.

Also, the material states that the investment bank Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure. At the same time, the bank is considering the possibility of trading futures on a new platform.

In a recent Fortune interview with Bakkt, Kelly Lofler said that the cryptocurrency market is on the verge of a revolution comparable in size to the one that occurred on the energy market in the early 2000s.

Greater institutional participation in the digital asset markets requires secure and regulated custody solutions. We are impressed by BitGo’s product, unique services, and the management team. We view our investment in BitGo as an exciting opportunity to contribute to the evolution of this critical market infrastructure.

Rana Yared

Managing director, Goldman Sachs’ Principal Strategic Investments group

Bakkt is a cryptocurrency unit of the Intercontinental Exchange (ICE), which is the operator of the New York Stock Exchange. Giants such as Microsoft and Starbucks are taking part in creating of the new project, which is positioned as an “ecosystem for digital assets”.

The new platform will offer deliverable bitcoin futures to the market (unlike the settlement contracts for CBOE and CME, these are based on the underlying asset). The platform will support multiple fiat currencies.