The current global market of securities is worth multiple trillions, tapping into them with the help of blockchain and cryptocurrencies could potentially bring the new era of online business. Thanks to the trustless and decentralised nature of the blockchain ecosystems, security issuances will become more accessible than ever! By removing the dense trail of papers required and any middlemen that bump up the registration prices, the blockchain architecture promises a scalable and sustainable growth! The MOBU platform is one such ecosystem that provides everything a company needs to start offering securities to its potential investors.
So what’s in it for companies who decide to use MOBU?
The MOBU platform offers end-to-end assistance to companies that wish to issue securities on their platform. The Know-Your-Customer or in short KYC and AML(Anti Money Laundering) processes where companies are required to do the following:
- Collect and analyse their customer’s necessary identity information
- Name matching against various known political party lists
- The issuance of customer behaviour guidelines
- Transaction monitoring to oversee the imposed guidelines
The “Anti-money Laundering” is a pivotal set of procedures and laws explicitly designed to stop and hinder any practice that generates income through illegal means. That’s why MOBU will fully assist companies to become compliant with these laws an receive the approval of the SEC institution to start issuing their securities as soon as possible. So which are the main advantages of a crypto-based security offering?
Lower Registration Costs
Comparing the traditional IPO registration with the current ICO method, it’s easy to see why people choose the latter. Without having to rely on expensive intermediaries for paperwork, the blockchain architecture takes care of the trust issues that require third parties to certify your business.
Light Speed transactions and faster deals!
With the current state of securities, the more involved parties in a transaction, the longer it takes to solve said transaction. Not the case of tokenised securities however as everything is based on automated Smart Contracts that handle the operations in a scalable manner that was not possible with the technology we had until now.
Exposure to a global audience that’s hungry for investments!
Having a tokenised security on the blockchain means that owners can get their product in front of as many people as possible! The current security market in the US, for example, is reserved only to accredited investment institutions and investors. With the help of blockchain technology, it is now possible for everyone to invest as little as they want!
Financial manipulation will quickly become a thing of the past.
Once the crypto-space matures, blockchain will become a “machine of truth” as every transaction will be recorded on the distributed ledger system making it impossible to fraud or fake facts that are once registered. This will also bring a new level of trust in an industry that’s plagued by multi-billions frauds on a yearly basis!
For all of these services, the MOBU platform will charge a measly 1% fee, a more than fair price for what they offer! To learn more about this project, you can go to https://mobu.io/.
In business these days the inability to distinguish between original transactions and imitation is a total problem big time, I'm glad MOBO will solve this daunting problem and 1% fee more for what they offer is so amazing
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@danizaharie, That's a perfect introduction about new platform about Mobu. Mobu is an ICO platform that intends to cover the most basic shortcoming of security crypto tokens. Mobu token is an ERC20 compliant token that will be used by users to obtain other security compliant tokens. Only representing a service to help others release digital securities. With lowest registration fees and faster deals will increase potential investors. Thanks...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Providing best facilities to cover market. Low cost is main aims of Mobu. It will impact great on investors. Great steps to touching market
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very happy tobsee MOBU solving problems. And providing
Great innitiatives to discover global market
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
yeah..very inovative idea
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This looks like a solid idea. Particularly in wake of upcoming hype on SEC decisions. Nothing is confirmed but if that goes through, then ideas like MOBU would the hot thing that would be the order of the day.
The other scenario could be that things don't go our way and decisions are delayed further and further, then this idea would take much longer to reach its potential. I am not saying that it cannot take off, just that it would take longer to grow to its potential. Whatever the case might be the idea is solid and sooner or later might see success.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
if it is low in cost,it will surely take market
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 6.27% upvote from @upme thanks to @danizaharie! Send at least 3 SBD or 3 STEEM to get upvote for next round. Delegate STEEM POWER and start earning 100% daily payouts ( no commission ).
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit