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Tokensoft Announces Support For Security Tokens on the Tezos Blockchain

by Irene Loke July 14, 2019July 13, 2019
Posted by Irene Loke July 14, 2019July 13, 2019
Tokensoft Announces Support For Security Tokens on the Tezos Blockchain

News by Altcoin Buzz: Ani

TokenSoft, Inc. has recently announced that it now officially supports the issuance of compliant security tokens on the Tezos blockchain and then have them administered securely using TokenSoft’s enterprise-grade cold storage custody solution, Knox.

According to Mason Borda, CEO of TokenSoft :

“We first started working with the Tezos blockchain over a year ago, we’re excited to take our services to the next level. With the introduction of the Tezos multi-signature and FA1.2 smart contracts, we now have the key ingredients to provide our institutional grade services on the Tezos blockchain.”

TokenSoft’s key differentiators include:

  • International Compliance Support —Experience in providing support in Banking, securities, and tax regulations in up to 56 countries.
  • Security-First Approach — Multi-signature, cold storage technology for digital securities.
  • Experience —Over 20 years of combined experience in blockchain technology.

Tezos Blockchain’s key differentiators include:

  • Institutional Grade Smart Contracts — The Tezos blockchain facilitates formally verified smart contracts, the same methodology used to ensure safety in mission critical settings, such as in aerospace technologies, etc.
  • Secure Custody — A formally verified multi-signature contract enables cold storage deployment and management of smart contracts.
  • Familiarity — The FA1.2 managed ledger standard makes it possible to enforce requirements on a jurisdictional basis when it comes to banking, securities and tax regulations.
  • Upgradability — Tezos includes a formal mechanism by which stakeholders can upgrade the protocol, enabling Tezos to smoothly adopt new technical features and stay at the cutting edge.

TokenSoft offers institutional-grade compliance solutions for blockchain-based securities.

Tezos is an open-source platform for assets and applications backed by a global community of validators, researchers, and builders.

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