Polymath Network (Polymath) is a decentralized protocol that makes it easier to raise capital and create security tokens. The Security Token Standard, ERC-1400, embeds regulatory requirements into the tokens themselves, restricting trading to verified participants only. The protocol simplifies the complex technical challenges of creating a security token and aims to bring the multi-trillion dollar financial securities market to the blockchain.
With this tremendous growth and the widespread availability of crypto technology, STOs may soon be a viable way for most companies to raise revenue. However, some aspects of the STO bear a bit of explaining beforehand.
Salesforce unveiled their local blockchain solution developed on the Hyperledger Sawtooth platform to help users create and share blockchain objects in the same process as any CRM data object.
Security token platform Polymath has teamed up with Loopring to trial peer-to-peer trading of security tokens on a decentralized exchange.
The funds raised will be used for developing new products and recruiting more people for the Nomics engineering team in 2019.
R.A.R.E. Network and LEXIT are among the first blockchain-based solutions, seeking to facilitate a decentralized, rapid, and transparent ecosystem for intellectual property rights management.
According to a recent study, wealthy young people have a prominent proportion of investment in digital assets. AOFEX is here to enhance the protection of rights and interests of investors.
For Binance, Mars Finance is the first strategic investment in China since 2017, when Beijing banned digital coin trading and the exchange withdrew from this market.
Plaid revealed that Mastercard and Visa have strategic investments made during a series C funding last December. While this raises prospects for greater innovation in the financial ecosystem, do we want another tech giant with access to too much data?
After two successful IEOs, the Roobee Blockchain and Artificial Investment Platform have announced a new IEO in a few days. Using the Liquid platform, Roobee aims at financial and investment inclusion worldwide.
Nissan previewed its new EV to the car industry that is said to have a 300-mile range. Experts say that this puts other car manufacturers on thin ice, especially Tesla.
Northmill, a Swedish fintech company, has received an SFSA (Swedish Financial Supervisory Authority) approval to receive a banking license. Experts are speculating that other competitors in this field such as Revolut and N26 should be worried.
In some relief to the Libra Association, officials from 26 central banks will be quizzing Facebook on the scope, scale, and implementation of the Libra project.