Security Token Offering from kMindz
What is Security.
A security is an economic instrument representing an actual asset. Stocks, bonds and managed property trusts are examples of securities
Traditionally, when a security is purchased, the operation is done by the old fashion way, on paper.
How STO can help
A security token performs equally in functionality; the difference is that it confirms ownership through blockchain transactions. It offers a number of financial rights to investor such as
equity,
Profit dividends, income shares, vote casting, and access to many others investment mechanisms.
Compliance' is programmed into the token.
Security tokens are made out of many smart contracts.
A smart contract is a simple program designed to execute once a specified criterion is automatically satisfied.
Smart contracts helps you to exchange money, property, shares, or anything of value in a transparent, conflict-free way while avoiding the services of a middleman.
Smart contracts also determine how the token can be purchased, traded and sold in a compliant fashion, and since they are blockchain based, the transactions are immutable, traceable, and fully transparent.
They are a decisive' feature-rich replacement for traditional securities.
Within the traditional securities markets, deal execution is, for the most part, annihilated' due to the number of intermediaries involved
Traditional securities are managed by ways of a combo of excel spreadsheets, paper certificates, lawyers, custodians, accountants, and transfer retailers which cost a lot of time and money, not mentioning the probability of human error. However, because security tokens are digitised, much of these processes become unnecessary, making the security token more accurate and efficient.
STO is trustless
All operations related to a security token (issuance, trading, purchasing, selling, and so on) are listed on the blockchain, which is viewed as a “trustless” procedure since blockchains are immutable and public in nature.
WHY STO BENEFICIAL FOR BUSINESS
STO so beneficial for businesses?
• Global capital access
• New methods to market products and services
• Better conditions
• Low entry costs
• Possibilities that go beyond the scope of the traditional security
Why it is creating BUZZ
Because of so much fraudulent on ICO market there is a need to have setup of Regulation to be controlled by CEC
How kMindz Can Help
We can help you in creating STO platform on Ethereum Platform using ERC1400 that supports various Security regulation.
