Difference between revisions of "Open Transactions"

From Bitcoin Wiki
Jump to: navigation, search
(Create article for Open Transactions.)
 
m (Use a list instead of code section.)
Line 4: Line 4:
  
 
Featuring:  
 
Featuring:  
    -- Untraceable Digital Cash    (real blinded tokens)
+
* Untraceable Digital Cash    (real blinded tokens)
    -- Anyone An Issuer            (Ricardian-style Contracts)  
+
* Anyone An Issuer            (Ricardian-style Contracts)  
    -- Bearer-only, Fully-Anonymous (when used cash-only)
+
* Bearer-only, Fully-Anonymous (when used cash-only)
    -- Pseudonymous User Accounts  (user account == PGP key)
+
* Pseudonymous User Accounts  (user account == PGP key)
    -- No Account History          (asset account == the last receipt)
+
* No Account History          (asset account == the last receipt)
    -- Many Financial Instruments  (cheques, cash, vouchers, invoices...)
+
* Many Financial Instruments  (cheques, cash, vouchers, invoices...)
    -- Basket Currencies            (10 "baskets" == 5 gold, 3 silver)
+
* Basket Currencies            (10 "baskets" == 5 gold, 3 silver)
    -- Markets with Trades          (stop, fill-or-kill, limit orders...)
+
* Markets with Trades          (stop, fill-or-kill, limit orders...)
    -- Payment Plans
+
* Payment Plans
  
 
Includes an API, server and client.
 
Includes an API, server and client.

Revision as of 21:56, 24 April 2011

A financial crypto and digital cash software library. The software's author likens it to "PGP for money".

Open Transactions (a centralized transaction system) is complementary to Bitcoin in that it provides some features that Bitcoin cannot, such as anonymous (versus pseudonymous) transactions, no latency (no double spending risk) and more.

Featuring:

  • Untraceable Digital Cash (real blinded tokens)
  • Anyone An Issuer (Ricardian-style Contracts)
  • Bearer-only, Fully-Anonymous (when used cash-only)
  • Pseudonymous User Accounts (user account == PGP key)
  • No Account History (asset account == the last receipt)
  • Many Financial Instruments (cheques, cash, vouchers, invoices...)
  • Basket Currencies (10 "baskets" == 5 gold, 3 silver)
  • Markets with Trades (stop, fill-or-kill, limit orders...)
  • Payment Plans

Includes an API, server and client.

External Links