Tokeny Launches investorID dApps in Europe, Allowing Investors to Access Tokenized Securities
One of the end to end platforms that has been specially designed to issue, transfer and to manage the security tokens, the Tokeny, has just gone ahead to announce the investorID.
One that has been designed as a decentralized application that will allow the different users the ability to create their own identity on chain that will enable them to trade and access the tokenized securities easily.
The identities that are on the investorID are created using the smart contracts which are used in helping link the identity of the individual straight to their wallet.
More on the investorID
With the use of the investorID entities together with individuals will be able to create their own identity on the blockchain, all this has been made possible by merely following the steps that have been provided.
When you do so, as a user you will be able to keep complete control of the personal data that you have provided. At the same time, you are able to access the investment opportunities that have been provided and thus, this will enable the different users the ability to operate in accordance with the full compliance.
The identities that are on the investorID have been made to be compatible with most of the security token that has been based on the Tokeny’s T-REX standard also referred to as the Token for regulated Exchanges.
The regulations that are recognizing the blockchain technology are slowly emerging around Europe, an excellent example of this is Luxemburg were they have recently gone ahead to recognize the blockchain technology.
They have accepted this technology as being a suitable infrastructure to transfer and also register securities to be in the form of tokens. For the issuers, they are obligated to respect the set regulations and rules to ensure there is compliant trading with the security tokens.
Why you should create an investorID
The issuers in the market will need to go ahead and enforce the regulations and rules that have been set for securities.
It is clear that each jurisdiction has its own requirements that are relating to the trading of security, thus, it makes it imperative for the issuers to be well informed on which countries the investor is residing in, if they are legal entities, natural persons, accredited or even qualified, just to name a few.
Once you have created the identity and your information has been validated as an investor, an issuer is able to quickly understand if the said participant is actually eligible for the current offering and from here is where the compliance can easily get automated.
At the moment there no solutions that have been created on the market that are able to accurately identify the various stakeholders that are on the blockchain technology. It is the reason the Tokeny company, together with their respective partners went ahead to launch the investorID.
The benefits that investorID is able to offer
- It is able to enrich the user identity by connecting the authentication services.
- The system is able to control the access data in just a few clicks.
- They have ensured to have an easy login to the decentralized finance applications.
- It will be able to manage your digital assets together with digital signatures.
- They have implemented an easy recovery process; thus, as a user, you will not lose your asset or identity.
How you can easily create your investorID
The creation of an investorID has been made to be very seamless, all you need to do is follow a few simple steps, and once you have created your on-chain identity, you can easily trade the digital assets.
- The first thing you will need to do is create the investorID account.
- Then go ahead and connect with your wallet.
- And from here you are able to access opportunities easily.