There has been discussion here before on Open Transactions. It is basically a federated server transaction platform that offers more security than centralized providers and more scalability and speed than the blockchain.
I was wondering whether it would be worth looking into setting up dedicated servers than can process Peercoin/Peershares transactions.
Here is a quote from OT developer Chris Odom (FellowTraveler), with the most relevant part in bold:
Let's say we are going to trade some alt-coin, like PPCoin or Primecoin, inside OT. That means we would have to issue units inside OT, based on actual alt-coin units on a blockchain somewhere.
That means we have to do one of two things:
Have a trusted issuer who is trusted to hold the coins and to issue the units inside OT. (The OT server itself cannot lie on the receipts, but the issuer still must be trusted to hold those coins.)
Eliminate the need for a trusted issuer by storing the coins in a Multisig Voting Pool: http://bitcoinism.blogspot.com/2013/12/voting-pools-how-to-stop-plague-of.html
In this case, OT will support this soon, but it will only work with alt-coins who support multi-sig. And even for those, it will only be available if specific OT servers actually choose to create voting pools for those alt-coins. If you can’t find a pool of OT servers with a Primecoin pool, then you can’t use Primecoin in OT (except through a trusted issuer.)
Either of the above two options will allow you to use any blockchain-based currency inside OT, Bitcoin or any alt-coin.
With the Open Transactions Multisig Voting Pools to be apparently released within months, it may be worthwhile to start planning this now in order to give us first mover advantage. I firmly believe that something similar to this will be have widespread use in the future, and getting a headstart may allow Peercoin to have a higher usage within the system for exchange with other currencies etc. It will also allow Peershares to be traded almost immediately without relying on third-party exchanges to add each implementation.
If a project was set up on peer4commit for community OT servers or something, I would be happy to donate quite a bit, and I imagine others would be too.