The U.S. Securities and Exchange Commission approved a second blockchain company’s request to sell its tokens to the public on July 11, a day after breaking ground by greenlighting its first public cryptocurrency sale.
Rocket Lawyer’s Charley Moore is betting smart contracts can make the law available to the masses. The online legal services firm has created a blockchain-based smart contract platform to make writing, verifying, and making payment on an agreement easy, affordable, and automatic. Think of it as an escrow account run by smart contracts.
The company behind The DAO project has been acquired by incubator and developer Blockchains.
Just as international financial regulators are about to announce stronger "know your customer" requirements for cryptocurrencies, banking giant JPMorgan Chase has released software designed to help people avoid them.