Equibit Group, which created Equibit blockchain and blockchain applications for the global securities industry, has unveiled Portfolio, a digital wallet for the Equibit system.
Equibit Group said Portfolio, which is expected to be available later this year, will be used to store the company’s own blockchain (equibits or EQB) and bitcoin, and allow users to trade EQB and Equibit-registered securities. Equibit announced that it sold $250,000 worth of equibits on February 1.
Other features of Portfolio include the ability to perform peer-to-peer trades with investors and issuers, create and issue securities, as well as view market depth for all Equibit-registered securities. Equibit Group said Portfolio offers investor relations management functionalities for tasks such as polls, proxies, and dividend payments.
“We’ve made tremendous progress with Portfolio, designed to offer unrivalled functionality that doesn’t compromise user experience,” says Chris Horlacher, CEO of Equibit Group. “We’re fast approaching the point where Portfolio will be ready for public use and are excited to deliver a digital wallet that will exceed the expectations of our customers.”
In November 2016, Equibit Group found itself in hot water after announcing that John McAfee was joining the team as chief security officer — though McAfee later denied the claim. McAfee clarified that his role was in advising the board, and that he would continue in this role. Horlacher said the matter was due to US press outlets misunderstanding the company’s press release.
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