Blockchance Cyber Parties

8m
cryptodaily

Price Analysis 19/07: BTC, ETH, XRP, LTC, BCH, BNB, EOS, BSV, TRX, XLM

20m
cointelegraph

Bitcoin (BTC) Is Up 6% Even As Sellers Eye $7,500

21m
cryptonewmedia

Behold the Latest Bitcoin Board Game, ‘Hodler of Last Resort’

22m
cryptonewmedia

Disgusted Bitcoin Trader Says Price Charts Mimic an Ugly ‘Penny Stock’

23m
cryptonewmedia

R3 Taps Software Sales Vet to ‘Evangelize’ Paid Version of Corda

27m
coindesk

Bitcoin Price Stuck in Tight Trading Range, BitMEX Responsible for...

42m
newsbtc

Bitcoin Maintains Price Rally But Outlook Remains Bearish Until It Climbs Above $10,950

1h
zycrypto

Oil Markets Could Save 30% With Blockchain, Data Gumbo CEO Says

1h
cointelegraph

Boeing Keeps Dow in Positive Territory as Stock Market Slides

1h
cryptonewmedia

Major Crypto Markets Report Mixed Signals, Gold Slightly Fell

1h
cointelegraph

German Central Bank President Shows Support For Libra, Calls It “Attractive” To Customers

1h
coingape

‘Samsung Coin’ Trademark Filing Unaffiliated With Samsung

1h
cointelegraph

Stock Market Investors Should HODL Because Pros Can’t Beat S&P 500

1h
cryptonewmedia

New No-Fee Visa Card for US Crypto Holders Offers Rebates From Big Brands

1h
dailyhodl

Buying Bitcoin (BTC) at $8,500 is Best, Says Analyst

2h
ethereumworldnews

Nouriel Roubini Accuses Bit MEX of “Systematic Illegality”

2h
livebitcoinnews

BitMEX Being Investigated by CFTC As ‘Dr Doom’ Gets Salty Over Hayes Debate

2h
cryptodaily

Coinbase Quietly Pulls the Plug on Its Cryptocurrency Bundle Product

2h
cryptoglobe

Apple’s Steve Wozniak Launches Blockchain Firm in Malta

2h
cryptonewmedia

Ripple (XRP) Poised For More Gains, Prices Rebound From Q1 Support

2h
cryptonewmedia

Top 5 ‘Dead’ Altcoins: NEM, BCC make the list

2h
cryptoticker

3 Battered Cryptos Are Flashing Bullish Signals

2h
cryptonewmedia

What the CFTC investigating BitMEX could mean for bitcoin and crypto market

2h
cryptoslate

Dr. Doom: Cryptocurrencies Encourage Criminal ‘Fraud and Abuse’

2h
beincrypto


Blockstream’s New Platform Allows Users Issue Security Tokens on Bitcoin Sidechain

Photo: Blockstream / Twitter

It has become known that Bitcoin startup Blockstream is working on the launch of a new tokenized securities platform. The platform will provide users with an opportunity to issue their own tokens by utilizing the firm’s custom-built Bitcoin sidechain, Liquid Network.

Though many people still believe that tokens can be issued only by powerful corporations or governments, it is not really true as today the entire crypto sphere is not concentrated in the hands of big firms.

And with its new project, Blockstream will prove that even everyday users without any coding skills can launch their own security tokens.

The platform was introduced to a wide audience in the framework of Coindesk Consensus Conference 2019. And it is the first product that Blockstream has launched on top of its Liquid network sidechain that is connected to the original Bitcoin blockchain. Nevertheless, Blockstream claims that its sidechain has such advantages as increased speed and improved privacy in comparison to the original blockchain.

Moreover, with the help of the app users will be able to manage security tokens on top of the Liquid Network.

According to Blockstream CSO Samson Mow, though businesses all around the world are taking an interest in the tokenization of securities, traditional blockchains at the current moment can’t provide them with such a possibility.

He explained:

“Unfortunately, blockchain platforms like Ethereum are failing them due to issues with scaling, privacy, and reliability. […] Now, with the launch of Liquid Securities, businesses can quickly issue Liquid-based security tokens with the click of a button, and establish sophisticated rulesets to conform with their regulatory requirements with no engineering experience required.”

Though the platform has just been announced, a number of companies including BnkToTheFuture, TokenSoft, Zenus Bank, and Pixelmatic have already been included in the group of its partners.

As it has been already mentioned you don’t have to be a coder if you want to use the  Liquid Securities platform to launch a token. The platform will offer you a user-friendly web interface similar to the one you are accustomed to. To issue and monitor your token, you are not required to code up the rules manually as the app will offer you multiple options to set up the rules, including regional restrictions and requirements to investor accreditation.

Speaking about the new platform, CEO of BnkToTheFuture, which is  one of its partners,  Simon Dixon noted:

“This is a completely new field, so building security token applications should be engineering-intensive work.”

“Liquid Securities instead provides us with everything we need to get going out-of-the-box, helping us to get our token issuances to market faster. The fact that Liquid is built by one of the most accomplished teams in the Bitcoin industry gives us even more confidence in the service’s future,” added he.

The question of regulation has also been taken into consideration by Blockstream as it will also offer a Liquid Securities API which will ensure additional compliance and legal services.

Regarding any copyrights issue, please contact us:content@hashbee.com.

0 comments