Quote from: Ninjaboiii on October 23, 2018, 12:14:01 PM

Quote from: omwibya on October 23, 2018, 11:45:19 AM

let's hope they make all that on time. delays will hurt this project. especially considering that the other projects coins are currently being used.

Most of the other STO-oriented projects are all based on Ethereum. Ethereum is very poorly suited for both privacy and security which is exactly what's required by regulators when talking about STO's. Take for instance Polymath; You can't launch an STO on their platform without going through them (getting their approval), which indicates centralization. Using their platform is also done OFF-chain. All they are is a centralised enitity with some aspects related to blockchain. Most of the other projects don't focus on anonymity and privacy which is what is needed to launch an STO. Securities come paired with high KYC standards. If a project want to be fully regulatory compliant they'll need to have the KYC part figured out, it's the most important thing when it comes to securities. It's great to see that Dusk knows what is needed for a network suitable for launching STO's. Hence I don't think they need to rush because of the competition. To be completely honest; there's barely any competition. The other projects trying to accomplish such a platform will not get around regulatory standards, they're doomed to fail.

Anyways, I'm really excited to see how Dusk will tackle the trading of STO's. Perhaps some kind of DEX? you're building a private chain after all. Also can't wait for the exchange announcement this week, if it's a big exchange that's investing in Dusk then I'm sure you guys will deliver!

Strange that no one is talking about Swarm and its STOs, they even have a built in KYC protocol called MAP and its security tokens (SRC20 protocol, based on stellar).
Btw I'm really curious what the announcement is about