• Fri, 24 May 2019, 09:24 PM
  • All times are UTC
  • Edition:
    International
Link copied

Securitize joins IBM Blockchain Accelerator program

Tue, 22 Jan 2019, 05:40 am UTC

Securitize, a compliance platform for digitizing securities on the blockchain, has joined the IBM Blockchain Accelerator program, Forbes reported.

Founded in 2017, Securitize is a compliance platform and protocol for issuing and managing digital securities on the blockchain, including dividends, distributions, and share buy-backs.

In November 2018, the company raised $12.75M in funding led by Blockchain Capital, and joined by Coinbase Ventures, Global Brain, NXTP, OK Blockchain Capital, and Xpring at Ripple. Securitize said at the time that it plans to launch a Digital Security Offering (DSO) in 2019.

Carlos Domingo, co-founder and CEO of Securitize, said that the company aims to “build the world's first debt issuance platform with blockchain technology in 2019” with the objective of transforming the $82 trillion corporate debt market using blockchain technology.

Domingo further revealed plans to integrate Hyperledger into the product design of their platform, which will enable debt issuance on the blockchain.

Last November, IBM, in collaboration with Columbia University, announced two accelerator programs for blockchain startups. The IBM Blockchain Accelerator targets later-stage growth companies that are focused on building out an enterprise business network and client base for their blockchain application.

The three-month program will include a Blockchain Architecture workshop and offer an opportunity to work with the IBM team and external mentors, Domingo explained. At the end of the program, Securities will demonstrate its platform, explaining its vision and what it seeks to offer to potential customers.

In addition to Securitize, other companies selected for the accelerator program include Lucidity, TigerTrade, Phunware, Connecting Food, Ferrum, Bandwagon, IPwe, MetaMe, and Credly.

"As the leader in enterprise blockchain, IBM is proud to welcome Securitize and nine others to the inaugural IBM Blockchain Accelerator program," said David Post, managing director at IBM Blockchain Ventures. "The participants have been chosen for their promising use cases and dedication to building scalable blockchain networks that have the power to transform existing business processes."

<Copyright © TokenPost. All Rights Reserved. >

The commenting service is available only after having logged in.
More
  • Bitcoin (BTC) $8,098.01 (+3.08%)
  • Ethereum (ETH) $252.96 (+3.51%)
  • XRP (XRP) $0.389800 (+2.87%)
  • Bitcoin Cash (BCH) $414.82 (+3.67%)
  • Litecoin (LTC) $100.81 (+13.83%)
  • Bitcoin (BTC) $8,098.01 (+3.08%)
May 24, 2019 (Friday)
12:18
Crypto Technicals: ETH/USD retraces above 1H 200-SMA, 'Hammer' on daily charts signals further gains
10:50
German engineering giant Bosch trials Ethereum blockchain
10:39
Crypto Technicals: BTG/USD grinds higher along 21-EMA, breakout at 61.8% Fib (25.74) will accentuate gains
09:33
Bank of Russia to review proposal on gold-backed cryptocurrency
09:17
Blockchain software firm Unstoppable Domains raises $4M from Draper Associates, Boost VC
08:45
Crypto Technicals: LTC/USD bounces off 21-EMA support, next bull target $109
08:45
Robinhood Crypto is now in New York
07:27
Facebook to launch its cryptocurrency 'GlobalCoin' in Q1 2020: Report
07:25
California resident sued for alleged $26M crypto Ponzi scheme
06:33
AT&T teams up with BitPay to become the first telecom to accept cryptocurrency payments
06:16
Rep. Swalwell accepting bitcoin donations in bid for US presidency
06:10
Grayscale receives FINRA approval to open Ethereum Trust to individual investors
05:12
Indian telco Airtel selects IBM for blockchain-based pan India anti-spam call solution: Report
05:07
Binance CEO CZ seeks compensation for reputational damage from Sequoia
04:06
Overstock.com’s blockchain subsidiary signs MOU with Lusaka city to develop land governance platform
03:57
Toyota, University of Tokyo, TRENDE to start testing blockchain-based electricity trading solution
03:14
Russia's NSD to roll out security token blockchain in June
May 23, 2019 (Thursday)
12:15
Crypto Technicals: IOT/USD holds 21-EMA support, retrace till 0.3185 (200-DMA) likely on break below
12:11
Coinstar extends bitcoin buying service to 21 US states
11:38
Crypto Technicals: BTC/USD bounces off session lows with 'Hammer' formation, bias neutral
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft