Mr. Sascha Ragtschaa, the chief executive officer of a new company named Chainium once stated that it is important to create a disruption in the international equity market. This Bristol-based company named Chainium has recently started a new platform of cryptocurrency. This platform aims at providing an aid to business owners as well as investors to do trading of shares without the help of intermediaries. This platform is based on the blockchain technology that offers pioneering plans to reinvent the international equity market.
Chainium has its branches in Munich, Bristol, and Liechtenstein. This start-up is mainly focusing on expanding through the usage of the blockchain technology. It has started a pre-sale platform where tokens of cryptocurrency are sold to the people. This platform wants to make a way for cryptocurrency companies to generate funds, which are required to create and expand a business community.
Ragtschaa further mentioned that the technology of blockchain has come up with an easy, quick, and cheap way to raise funds and trade securities. He also stated that this technology has met with the expectations of both investors as well as business proprietors. This platform is a means that connects both investors and business entrepreneurs so that they can deal in stocks without paying any transaction fees.
This is a revolutionized way of trading securities. Blockchain has authorized Chainium to eliminate the reconciliation steps and the administration and middle layer that is required in the equity market nowadays. Chainium can provide an aid to private companies in opening up a market as they cannot raise their capital through the public issue of securities.
Chainium is delivering what no other person can do today. The global equity market has been the same for the past few decades. Chainium is targeting to change that. This platform is putting in the efforts to make the international equity market reach the level of 74 trillion US dollars.
The Chianium platform was initiated by a team of experts who have worked jointly in data security, financial regulation, and the equity market for many years. They thought it was time to revolutionize the existing state of affairs in the stock market. Chainium is planning to launch its pre-sale tokens for those who want to purchase its tokens in the year 2018.
Chainium is targeted towards simplifying the process of trading by removing the middlemen. They will handle the process of trading with transparency and that to be without charging any fees. This platform offers CHX tokens, through which they bring investors and business owners in direct contact with each other. The proprietors choose the conditions based on which they will sell their shares and the manner in which they want to deal with their investors.
A large business organization can make use of Chainium in conducting its initial public offerings, managing regulatory compliance, investor communications, and many other things. If you want to know more about the Chainium platform, then read its whitepaper.