Home / Latest Breaking News / Blockchain Infrastructure Firm Blockstream Launches Security Token Platform

Blockchain Infrastructure Firm Blockstream Launches Security Token Platform

Blockchain infrastructure company Blockstream introduced the release of its safety token platform in a press unlock shared with Cointelegraph on Might 15.

In keeping with the announcement, the brand new Liquid Securities platform is an answer for companies to factor safety tokens at the Liquid Community.

Blockstream Leader Safety Officer Samson Mow claims that whilst companies are keen to factor tokenized securities, platforms reminiscent of Ethereum aren’t the fitting selection on account of their scalability, privateness and reliability obstacles. Blockstream claims that its platform is extra appropriate for such use:

“Now, with the release of Liquid Securities, companies can briefly factor Liquid-based safety tokens with the clicking of a button,and determine refined rulesets to evolve with their regulatory necessities…”

The platform will reportedly release with 4 companions: funding platform BnkToTheFuture, multi-blockchain issuance platform TokenSoft, United States-based financial institution Zenus Financial institution, and recreation construction studio Pixelmatic.

The announcement explains that the Liquid Community is a agreement community connecting cryptocurrency exchanges, marketplace makers, agents, and different monetary establishments.

In March, Blockstream launched a brand new model of its bitcoin (BTC) scalability device, c-lightning. The discharge integrated efficiency improvements, trojan horse fixes and augmented privateness.

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