MULTILEDGER JOBS UPDATE
MULTILEDGER JOBS VERIFICATION

We believe that the global interoperability of the CAT-20 and CAT-721 protocols, as well as Securrency’s simple and convenient token issuance and maintenance tools, will establish a common standard that can be used by all issuance platforms to support the growth of the security token economy.” About Securrency “ However, there have been major challenges that stand in the way of mass adoption, including ‘walled garden’ approaches and complicated technical deployment. “ Security tokens represent a pathway to the successful development of highly-liquid blockchain-enabled capital markets,” said John Hensel, Securrency’s Chief Operating Officer. This should help to pave the way toward global adoption of security tokens to promote capital formation and enhanced global liquidity. In addition, Securrency will make its CAT-20 and CAT-721 protocols available to other security token issuance platforms and service providers.

accessible via Application Programming Interface (API) by developers.

DIBS is a suite of security token issuance and maintenance tools and services. Securrency’s proprietary Decentralized Investment Banking Services (DIBS) supports the CAT-20 and CAT-721 protocols.

MULTILEDGER JOBS UPDATE

In the event of changing regulations or shifting issuer requirements, updates to the rules engine will be applied directly by issuer/counsel to update the handling of tokens in circulation. The rules engine allows for simplified mapping of relevant regulatory and transactional policies to a CAT-20/721 token by an issuer (or that issuer’s advisors) via a simple interface. In both primary and secondary market activity, the attribute-mapped wallet (the ‘key) must fit the policy linked to the token (the ‘lock’) for the CAT-20/721 token to transfer to a wallet.

throughout the lifecycle of these security tokens.

These multi-venue identity services, with a rules engine, ensure there is compliance maintenance during secondary-market trading:

validation of an investor’s accreditation or qualification according to jurisdiction.

MULTILEDGER JOBS VERIFICATION

automated source of funds verification services through an easy-to-manage administration service.transaction checks through a Know Your Wallet (KYW) service this automatically proofs and scores digital wallets and associated cryptocurrency.individual and entity automated Know Your Customer (KYC) and Know Your Business (KYB) across 160+ jurisdictions, with non-documentary verification available in 37 jurisdictions.Securrency establishes compliance through features such as: “ This new protocol will enable speed, efficiency and transparency for issuers – from Wall Street to Main Street – while meeting compliance at a global scale.” CAT-20 and CAT-721ĬAT-20 and CAT-721 tokens can issue from, and be transferred to, any distributed ledger. “ We developed the CAT-20 and CAT-721 standards because security tokens should be truly liquid – they should not be limited to one ledger and they should be easy to trade, transfer and regulate,” said Dan Doney, CEO and Co-Founder of Securrency.

The company’s token key-lock structure (which is patent-pending) ensures tokens may not be traded or transferred to or from a wallet which does not have the appropriate qualifications. Security tokens minted with the CAT protocols are self-governing and ensure compliance throughout their life-cycle using Securrency’s regulatory technology. These are interoperable, ledger-agnostic security token protocols. Securrency has introduced two Compliance Aware Token standards (CAT-20 and CAT-721).

Multiledger jobs