What financial instruments are under development for Bitcoin?



I'm thinking here specifically of instruments that take a Bitcoin-like approach to trusted parties, eliminating them wherever possible and typically built with Bitcoin as their platform. (As opposed to simply having a real-world trusted entity issue a Bitcoin-containing or Bitcoin-related financial instrument in the traditional method).

Financial instruments include things like bonds, stocks, contracts, additional currencies, etc.

For example, I know jgarzik was working on smartcoin for a while (has development stopped?) and there are things like this you can do with coloured coins. Can anyone offer some insight on what is actually being developed re: these and other approaches, and especially what has reached an implemented, usable level?


Posted 2013-04-25T05:33:15.117

Reputation: 13 906

not sure if this is what your looking for, but ripple is doing some cool things along these lines

– Loourr – 2013-04-25T16:44:31.423

Does Ripple actually add any new financial instruments other than currencies? In general, though, I'm talking about development which uses Bitcoin as the platform. – eMansipater – 2013-04-25T21:47:36.683



Lots of people that we know about and probably many more that we don't know about are developing a diversity of financial instruments for bitcoin. What instruments exactly will depend on your definition of instrument.

Here is an interesting one:

cvToken: An effort to stabilize the bitcoin price by pegging a token backed by a basket of commodities to it.

Kinnard Hockenhull

Posted 2013-04-25T05:33:15.117

Reputation: 2 335

Yeah, I heard about this at the Bitcoin conference. Although I think they are trying to stabilise the token, not the bitcoin price (can someone correct me on that?) – eMansipater – 2013-05-29T19:46:00.703