BLOCKCHAIN SUPPORTED TRANSFER AGENT CUSTODY:
The World Token Market tokenization platform provides a compliant user signature guarantee of the transfer of custody of blockchain assets to a transfer agent, where an unalterable record of this custody of securities transfer is stored on the Ethereum Blockchain. This is an area of tokenization most overlook, but in reality is of the utmost importance!
The Security Token Offering (STO) solution allows a designated transfer agent to act as custodian of an investor’s blockchain assets. The investor nominates the transfer agent and signs a blockchain transaction to give the transfer agent control of their holdings. Then, on instruction from the investor, transfer agents can execute token transfers and manage blockchain holdings on behalf of their clients, reducing duplication and ensuring safe transparent custodianship of assets.
All transactions are signed by the transfer agent and are transparently and immutably stored on the Ethereum Blockchain. The crypto assets remain the property of the investor, however appointing a transfer agent allows the investor to securely manage their holding(s). Impersonation of the investor or the transfer agent is prevented as all transactions need to be cryptographically signed by the transfer agent.
Users are protected by a verifiable chain of trust between them and the transfer agent wherein transfer agent actions are signed on the blockchain providing a decentralized permanent record of all actions. The institution is protected by proof that KYC/AML checks that are notarized on the blockchain have been performed.
The customizable, fully hosted and configured web portal allows you to avoid the worries of managing datacenter infrastructure and reporting. Now you can combine anonymized blockchain data with your secure storage of personal information to create compliant shareholder reports with 24×7 IT Support. In addition, with on-site KYC storage, personal data is never present on physical storage other than your own, hence enforcing all local and international laws surrounding data protection. You also receive a compliant PIN secured hard drive to indefinitely store your gathered client data in accordance with SEC Rule 17a-4(f) regulations.
All major transfer agent functions supported. There is no solution out there of its kind that integrates all the features of tokenization, verification, and due diligence, all with seamless transfer agent compatibility in a totally compliant manner. See it in action for yourself by requesting your demo today. Please fill out the no-obligation form below. Your information is kept strictly confidential at all time: