📣Overseas expansion of blockchain standards in accordance with Japanese laws and regulations 👍👍
Standard Capital Co., Ltd. (head office: Shibuya-ku, Tokyo, President: Taisei Yamaguchi), which develops venture capital business and STO business, is working today to improve the security token market.
Over the past few years, crypto assets have been leaked one after another, so cryptocurrency transactions require security and technical systems equivalent to or higher than those of financial institutions. Due to the increase in social influence accompanying the increase in transaction volume and the heightened awareness of security, regulations are scheduled to be tightened by FATF, and the demand for anti-money laundering measures is also increasing.
Standard Capital, Inc. developed in response to such a background, the JP standard is KYC (Know Your Consumer), AML (Anti-Money Laundering), User Protection, Six functions are introduced: confidentiality of user information, legitimacy of system information, and system sustainability, and the system is designed as a system that divides authority among organizations from the viewpoint of investor protection.
In the event of an emergency, such as hacking or leakage of personal information, asset recovery and legal measures can be taken by forcibly canceling transactions or charging back. In addition, a consortium chain that is not a public network but a semi-centralized network has been adopted to eliminate unnecessary costs and reduce the number of nodes in transaction processing, thereby realizing a high-speed transaction system. (Trading on the Tokyo Stock Exchange is said to be 1000–2000 PTS per second.)
In addition to the development of “ST20 (ALLEX token)” that aims to become a global standard based on the JP standard, Standard Capital is committed to the soundness of the safe and secure security token market. We are working on the development of “J-FTA”, which can prevent hype and fraud in real estate investment through relocation procedures, automatic distribution of rewards, and decentralized management.
Concluded a contract for technology provision of the original standard “JP20” to the security token exchange “ALLEX” in CEZA, Philippines. In addition, we plan to open a security token exchange center in Chile.
Standard Capital aims to provide the infrastructure for security token exchanges around the world and serve as a bridge between them. For the social implementation of blockchain technology that is safe and secure, we will make full use of our knowledge in the crypto assets business and support not only system introduction but also business construction, as well as future legal regulations We will provide comprehensive support that accurately captures future market trends.
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