Blockchain
Blockchain Trading Platform Moves Higher Thanks to Patent News
This pioneering blockchain-based platform aims to revolutionize three key financial sectors: corporate governance, capital raising and digital trading, leveraging the inherent security and transparency of blockchain technology. And news of a patent for its revolutionary digital trading platform is helping stocks this Monday.
BlackStar Enterprise Group, Inc. (OTC Pink:BEGI) announced the receipt of a “Notice of Clearance” from the United States Patent and Trademark Office for “System and Method for Facilitating a Public Offering on an Immutable Blockchain Provided to Eligible Qualified Investors Based on Priority of Interest.”
BlackStar’s revolutionary software is called BlackStar Digital Trading PlatformTM for book-entry electronic fungible stocks and is compliant with any US brokerage firm. The technology claimed in the patent application concerns the facilitation of a public offering of shares of public or private companies, both registered and unregistered securities on a blockchain, based on priority of interest.
BlackStar’s digital trading platform is designed to work within broker-dealers’ existing back-office operations. within the limits of existing rules or regulations. Transactions for common stocks are entered onto the platform and then recorded on a centralized private blockchain, with all clearing and settlement operations carried out through the platform. Clearing the trade may be the responsibility of the broker-dealer who introduces their client to trading on the BDTP™ platform. In morning trading the shares were trading at $0.00225.
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