Bitcoin’s development over the last few years has been explosive and the opportunities to expand its use are everywhere now – even for those who haven’t previously used the currency. In turn, Counterparty has been working on a new system to bring the benefits of blockchain technology to billions and even trillions of dollars around the world in different financial markets.
• Declare an amount of bitcoin is equivalent to some asset and exchange that asset;
• Bet on the outcome of sporting events, presidential elections, and anything else;
• Pay dividends on user-defined assets.