Post
Topic
Board Announcements (Altcoins)
Stockchain Global-$200 trillion fintrading mkt; Harvard, Stanford, Columbia team
by
stockchainglobal
on 23/12/2017, 22:16:13 UTC
Stockchain Global is proud to announce our upcoming presale. We have a concrete proposal to disintermediate the $200+ trillion global capital markets using blockchain, with a team of Harvard, Stanford, and Columbia people, and with deep experience in the industry.
 
The basics. The global capital markets – stocks, bonds, commercial paper, convertible notes, and so forth – currently have a system generally requiring 2+ business days to close a deal, and which costs trillions of dollars a year. The system has numerous intermediary industries, such as brokers, exchanges, custodians, clearing houses, escrow, and settlement companies, which have until now all been necessary for the markets to function.

The Stockchain platform is one of the first concrete proposals to use blockchain for one of its biggest potential applications: to disintermediate the global trading system for financial assets, removing the current intermediaries. There is no reason for this system to continue to proceed at the speed of snail mail in an age of email and cell phones. This platform also has a number of additional benefits, such as financing people around the world who can’t participate in the current system due to cost; creating a permanent record of transactions, management of instruments; management of shareholders; and voting. If you want to check out the details, please see our white paper at  https://stockchainglobal.com/wp-content/uploads/stockchain-global-white-paper.pdf. Fair warning: the white paper goes pretty deeply into how the capital markets work and is longer than a lot of white papers out there.

Team. Thus, our team is a mix of technical and legal/regulatory folks, with backgrounds in this industry internationally, coming from some high-quality schools and professional backgrounds. We think our team is one of the strongest to yet enter the blockchain-fintech space; look at our team at https://stockchainglobal.com/#team and see if you agree. Because of the mix of our team’s backgrounds in this industry, we understand the friction and problems in the current system and how blockchain can fix them.

Regulation. The financial markets are one of the most heavily regulated industries in the world, so the solution needs serious knowledge about tech, international law, regulation, and capital markets. Thus, our team matters a lot because any company attempting to work in the finance industry must comply with all securities law statutes and regulatory requirements, or it will be shut down by regulators. Our team is a little larger than other blockchain teams, because in addition to the tech, we have to have working groups for international law; international and national regulation; and capital markets industry focuses.

Presale. We’re just opened whitelist applications for the presale, during which we will not only be selling our token for the lowest price (in anticipation of a token offering in a couple of months) but also will be providing some special use rights for the tokens sold only in the presale. The presale is open to all approved participants (including in the US). The presale starts January 19, 2018, for approved whitelisted folks only. We have chosen a small target for the presale - only $5 million - and even before putting out public information have been receiving seven-figure offers, so if you have any interest, please apply soon.

Feel free to ask questions here or email us at (contact at stockchainglobal.com) or via our website, stockchainglobal.com.

Best,
Ben Beasley
Co-founder