The Blocko team has published an article about STO.
Here is a Link to this Article and the Content below:
Blocko, a specialized blockchain operation management service provider (MSP), is holding a promotion to test ‘Silvermine’, a software-as-a-service (SaaS) related to token issuance, for free for companies preparing for the security token (STO) market. It was announced on the 25th. Free consulting is also provided for one selected company during the promotion period.
Previously, the Financial Services Commission officially permitted token securities (STO Security Token) and institutionalized the distribution platform at the ‘6th Financial Regulatory Innovation Conference’ held at the Yeouido Financial Investment Association in Seoul on the 19th. plan to improve access to the capital market’.
Starting with the Korean Exchange (KRX) startup OTC Stock Market (KSM) in 2016, Blocko has accumulated the most STO-related construction cases and know-how in Korea, from the 2018 Real Estate Comprehensive Study Project to the 2022 Securities Depository STO Platform Concept Verification Project. It is a first-generation blockchain technology company.
Currently, Blocko’s STO SaaS Silvermine supports a function that allows anyone to issue an STO with just a few clicks under the slogan of ‘STO that can be started in one second’. It is characterized by providing various management functions and APIs required for STO, such as token transfer, inquiry, incineration, increase/decrease, and split. In particular, assets issued based on Silver Mine can be freely transferred from the enterprise environment to the mainnet environment according to the user’s needs through Blocko’s Merkle Bridge technology, and can be used for completely virtual asset-based services such as Ethereum or Polygon. 100% compatibility guaranteed.
Kim Jong-hwan, CEO of Blocko, said, “Blocko has been providing STO-related technologies to infrastructure and platforms for various services such as point business, gold piece investment, and microfinancing related to construction in the Middle East overseas for the past several years.” For this purpose, it has been limitedly supplied to financial companies only in some industrial areas.”
CEO Kim said, “Through this STO-related market innovation measure, more companies will be able to apply the advantages of blockchain technology to their corporate environment and use it as a test bed for creating new markets.” It will not only be able to streamline the management costs of large companies, but also help startups, one-man companies, and competent local companies enter the market in more diverse forms.”
Details of this promotion can be found on the Blocko website, and the application deadline is February 10th.