The Rules Engine provides the capacity for simplified mapping of regulatory policies. the ‘lock’) in order for a transfer to be successful. the ‘key’) which has to comply with the policy linked to the token (i.e. Throughout primary and secondary market trading, the new CAT protocols entail an attribute-mapped wallet (i.e. The major benefit here allows for the seamless on-chain and off-chain movement of tokens. Established in 2015, they’ve developed their own proprietary multi-venue identity services and ‘Rules Engine’ to ensure compliance throughout secondary market trading. How the CAT-20 and CAT-721 Tokens Achieve such Groundbreaking Technology Validation of an investor’s accreditation or qualification according to jurisdiction.Automated source of funds (SoF) verification services through an easy-to-manage administration service.Transaction checks through a Know Your Wallet (KYW) service that 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.For the sake of compliant primary offerings, their new token standards offer the following features: Yet it’s not merely added liquidity and mulit-ledger technology that Securrency is concerned with. This new protocol will enable speed, efficiency and transparency for issuers – from Wall Street to Main Street – while meeting compliance at a global scale.” “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. This includes Ethereum, Stellar, Ripple, GoChain, EoS, and many others.ĬEO and Co-Founder of Securrency, Dan Doney, captured the benefits of the new token protocols through the following: Securrency claims that their new protocols- the CAT-20 and CAT-721 tokens- are compatible with any distributed ledger. The Benefits of Multi-Ledger Security Token Protocols Securrency’s CAT protocols have just brought this world to the next level. The world of security tokens is advancing at an incredible pace. The tokens feature self-governance to ensure life-cycle compliance, and a number of features which contribute to both global regulatory compliance and a level of liquidity which has yet to be seen. Securrency has developed two Compliance Aware Token (CAT) protocols which can be issued from and transferred across any distributed ledger.
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