Blockchain
TokenMarket Successfully Concludes its Security Token Offering with 158% Funding
TokenMarket, the investment platform powered by blockchain, announces today it’s Security Token Offering (STO) has successfully concluded, achieving 158% of its funding goal.
The STO, which took place across a two-week period, saw TokenMarket surpass its funding goal and raised over £240,000. The funding goal of £150,000 was set in order for TokenMarket to complete its UK Financial Conduct Authority (FCA) sandbox test.
In under 24 hours, the business had already secured 76% of its funding goal and, in under 48 hours, the offering became oversubscribed, reaching 136% funding. TokenMarket is now one step closer to exiting the FCA Sandbox which it has been included in since 2018. Upon the announcement, TokenMarket’s CEO, Ransu Salovaara and CTO, Mikko Ohtamaastated:
“We would like to thank all of those who have participated in our STO. The reaction from our peers has been incredible and, for us, it reinforces the belief that our work in the tokenisation and blockchain space has all been worth it. With a growing pipeline of upcoming STOs, we look forward to showing the wider community just what TokenMarket and our clients have installed.”
TokenMarket’s aim, within the sandbox, was to show that tokenised equity could be written to the blockchain and democratise investment opportunities for all investor types, starting with its own STO. Mikko Ohtamaa, TokenMarket CTO, added that:
“Our goal has always been to give equal access to all investor types. With our work in the FCA sandbox now almost over, and our demonstration of placing tokenised equity on the blockchain, we are one step closer to bringing the next generation of disruptive businesses to our investment community.”
TokenMarket now aims to successfully exit the FCA sandbox and begin to issue tokenised equity for other businesses. In doing so, it intends to become the all in one platform for users to access, invest and eventually trade the next generation of cutting-edge companies.
SOURCE TokenMarket
Blockchain
UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System
The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.
Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.
“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”
ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.
“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”
The post UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System appeared first on News, Events, Advertising Options.
Blockchain
Bybit Supports Wildlife Conservation Through Sea Turtle Adoption Initiative with Subsum
Bybit
Blockchain
Libfx.com Announces Vision to Build a World-Class Financial Platform
-
Blockchain6 days ago
50,000+ Mined Coins and 100,000 New Users: EMCD Summarizes 2024
-
Blockchain6 days ago
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
-
Blockchain Press Releases5 days ago
Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa
-
Blockchain Press Releases6 days ago
Flipster Achieves ISO/IEC Certification
-
Blockchain Press Releases6 days ago
Bybit Lists LUNAI as AI Influencer Luna Makes Her Web3 Livestream Debut
-
Blockchain Press Releases6 days ago
KuCoin’s “Light Up Africa” Donation Ceremony Held in Ghana, Benefiting 36,000 African Children
-
Blockchain Press Releases5 days ago
Surprises Guaranteed: Bybit Card Dishes Out Rewards in Holiday Giveaway
-
Blockchain5 days ago
Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws