Etherparty to Work with Capiche to Ease Security Tokens Distribution via Rocket Platform
Etherparty Smart Contracts or just Etherparty is a Canadian company that focuses on blockchain technology. They recently announced that they would work with Capiche Capital. Capiche is a company that focuses on providing legal tech support. It is an online platform, which streamlines the process of raising fund while helping comply with all legal requirements.
— Hyperion (@HyperionExch) November 7, 2018
Capiche and Etherparty will work together to create a solution that ensures securities that are distributed via the Rocket platform by Etherparty comply will all laws. Rocket is the first product that Etherparty has been able to create. Thus far, it has proven to be quite user-friendly for the creation of tokens for crowd sales.
A user of Rocket can launch their project and then keep track of it without needing a huge development team. This solution is currently offered to utility tokens only. However, the next phase will make it possible to distribute security tokens to the masses.
Capiche is a platform that will smoothen and automate the whole process of raising funds. At the same time, it will ensure that the security tokens adhere to all laws of Canada. The platform efficiently creates all the documentation needed. It will also coordinate how users utilize the documentation. Where needed, it offers useful tips to ensure compliance. This partnership will ensure that the benefits of Capiche are fully utilized by the securities tokens sector.
What The Leadership Thinks
According to the CEO of the Etherparty parent company, this partnership will ease things for them. They will be able to move into the securities tokens market with ease due to auditability and security features of Capiche.
The version 2 of Rocket, called Comet, is being worked on right now. It is going to be the most capable STO creator once the process is over. When it hits the market, Comet is going to onboard Capiche to ensure that distributing security tokens is better, faster, cheaper, and simpler.
According to the VP of the Etherparty parent company, the main issues clients face is complying with the law. He added that they were quite excited to work with Capiche since there is nothing in the world that compares to what they will achieve.
Etherparty is a platform whose goal is an inclusive and interconnected world. It works in the blockchain world where it creates various simple and intuitive solutions based on smart contracts. Rocket, their crowdfunding app is their first project. However, it plans to release other blockchain solutions in the future.
Capiche is a leader in the fintech and legal tech world. The platform makes it possible to accept investment opportunities and capital in a cheap and efficient manner. At the same time, it works hard to ensure users are always on the right side of the law. This platform is quite important considering that securities laws and capital markets are becoming more complex. This company simplifies the whole process to ensure efficiency in the access to funds.