Saturday March 06, 2021
Bitcoin (BTC) $48,212.00   Ether (ETH) $1,569.15
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Featured

Tokeny launches investorID dApp, allowing users to create an on-chain identity

Published by CryptoNinjas.net
03/25/2019
Tokeny launches investorID dApp, allowing users to create an on-chain identity

Tokeny, an end-to-end platform to issue, manage and transfer security tokens, announced today the investorID decentralized application (dApp), allowing users to create their on-chain identity to access and trade tokenized securities. investorID identities are created by smart contracts which link the identity of an individual to their wallet.

Using investorID, individuals and entities can create their identity on the blockchain by following simple steps. By doing so, users keep complete control of their personal data, whilst being able to access investment opportunities and enabling issuers to operate in full compliance. investorID identities are compatible with every security token based on Tokeny’s T-REX (Token for Regulated EXchanges) standard.

Regulations recognizing blockchain are emerging all over Europe and, as an example, Luxembourg has recently recognized blockchain as a suitable infrastructure to register and transfer securities in the form of “tokens.” Issuers are obligated to respect the necessary rules and regulations to ensure compliant security token trading.

Why create investorID?

Issuers need to enforce the rules and regulations that apply to securities. Of course, each jurisdiction has different requirements relating to security trading and it’s therefore imperative for issuers to know which country their investors are residing in, if they are natural persons or legal entities, qualified or accredited, etc.

Once the identity is created and the investor’s information is validated, issuers can quickly understand if participants are eligible for the offering and the compliance can be automated. Currently, there are no solutions on the market that accurately identify the different stakeholders on the public blockchain. This is why, together with its partners, Tokeny launched the investorID initiative.

“We were honored that Luxembourg Finance Minister, Pierre Gramegna, accepted the very first on-chain identity created by investorID. A not-for-profit organization, investorID enables any entity or individual to create their blockchain identity and access tokenized securities.”

Luc Falempin, CEO, Tokeny

 Benefits of investorID for investors?
  • Enrich user identity by connecting usual authentication services
  • Control access to data in a few clicks
  • Easy log-in to decentralized finance applications
  • Manage your digital assets and digital signatures
  • An easy recovery process, users cannot lose their identity or assets
How do I create my investorID?

Creating an investorID is a seamless process. By following simple steps and creating an on-chain identity, users can easily access and trade digital assets.

  • Create investorID account
  • Connect wallet
  • Enrich identity
  • Access opportunities

Each time an investor participates into a Security Token Offering using the T-REX standard, they generate their identity automatically or they can connect with their existing investorID account.

FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Tokeny works with Cynopsis on streamlined investor compliance service
Vendor Technology

Tokeny works with Cynopsis on streamlined investor compliance service

03/12/2020
Bakari supports the launch of the first property-backed security token in Africa
Vendor Technology

Bakari supports the launch of the first property-backed security token in Africa

02/17/2020
Tokeny releases decentralized investment ID system ONCHAINID
Vendor Technology

Tokeny releases decentralized investment ID system ONCHAINID

01/20/2020
Black Manta and Tokeny partner on European security token platform
Vendor Technology

Black Manta and Tokeny partner on European security token platform

10/30/2019
Euronext Tokeny Crypto Ninjas
Capital Raising

Euronext invests in tokenization platform Tokeny

07/01/2019
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

03/04/2021
Creators of crypto wallet Exodus files with SEC to allow purchase of its stock with bitcoin

Creators of crypto wallet Exodus file with SEC for $75M public offering

03/03/2021
SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

03/02/2021
Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

03/01/2021
DeFi yield optimization protocol ETHA Lend closes $1.6M funding round

DeFi yield optimization protocol ETHA Lend closes $1.6M funding round

03/04/2021
Bitcoin DeFi platform Sovryn reveals $1.25M bug bounty; raises $10M in token presale

Bitcoin DeFi platform Sovryn reveals $1.25M bug bounty; raises $10M in token presale

03/05/2021
P2P crypto escrow platform Escaroo adds staking function from Moonstake

P2P crypto escrow platform Escaroo adds staking function from Moonstake

03/05/2021
SecondState launches Ethereum compatible ParaTime on the Oasis blockchain

SecondState launches Ethereum compatible ParaTime on the Oasis blockchain

03/05/2021
NFT platform Curio closes seed funding of $1.2M to fuel expansion

NFT platform Curio closes seed funding of $1.2M to fuel expansion

03/05/2021
IOTA token added as collateral asset on Bitfinex Borrow

IOTA token added as collateral asset on Bitfinex Borrow

03/05/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version