The agreement provides ongoing funding for WORBLI’s Fintech focused product offerings

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SINGAPORE, Jan. 20, 2020 /PRNewswire/ — WORBLI is pleased to announce that the WORBLI Foundation (“Foundation”) has entered into an Asset Purchase Agreement (the “APA”) concerning the proposed acquisition of 100% of its assets by AmaZix Capital Limited (“AmaZix Capital”) and 0rigin Ventures (“0rigin”) in return for ongoing funding and development capital.

The acquisition will be completed… To read the full release, check out Market Watch or Yahoo Finance to learn more.


We’ve been making some big changes lately. Check out the new and exciting website that welcomes in a new era for WORBLI.

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To welcome in the new year our team has made significant changes to our branding and image. Because WORBLI caters to enterprise-grade clients and contributes to the Decentralized Finance (DeFi) revolution, we felt it was important to update our web presence to reflect the work we are doing. …


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Security Token Offerings, or STOs, are quickly becoming common within the blockchain industry, amidst a diminishing ICO (Initial Coin Offering) market that left many investors with broken promises and shattered bank accounts. Unlike the majority of ICOs, STOs are designed with compliance in mind as a tangible investment vehicle and method for companies to raise funds. This new and exciting way for investors and companies to buy and sell tokens backed by real assets has the potential to disrupt the incumbent securities markets that are centralized and exclusive.

Leveraging distributed ledger technology (including blockchain), STOs will bring transparency, inclusion, and efficiency to investors around the world. Anything has the potential for tokenization and we’re beginning to see fractionalized real estate, tokenized luxury goods and dividend tokens as the forefront use-cases of this new concept. WORBLI, in conjunction with close partners Agenix, have developed an entire framework around STOs, designed to reduce the development and compliance burden for companies and investors alike. …


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The WORBLI team has been busy developing features that will enable DeFi as we’ve never seen it before. The value proposition of DeFi, or Decentralized Finance, is a system that will enable efficient, transparent and fair financial services for the world. This can only be achieved with cutting-edge technology and features such as the recently developed WORBLI Token Protocol (WTP), available to all developers building applications on the WORBLI network.

The WTP will allow developers using the WORBLI Network to create certain parameters and rulesets within on-chain token contracts, opening up a plethora of opportunities around functionality and compliance. …


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If you have everything you need for your STO or Application and you don’t need any help with compliance, the instructions that follow will help you make your project live on WORBLI.

WORBLI is binary compatible with any other EOSIO based chain. The process and tools used for writing a WORBLI contract are the same as on EOSIO. The main difference is that the WORBLI compliance framework places a framework on who can create accounts as well as resource pricing. All the contract APIs are identical to EOS and other EOSIO networks.

It is important to remember that all applications and projects are subject to our WORBLI Terms of Service and Developer Terms. …


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The WORBLI project was conceived from the start to transition into a decentralized network as it matures. Our vision has always been that initially, we will have tight centralized control as we evolve and refine our processes, with the end goal being stability and predictability. Having good checks and balances against abuse or misuse of power requires a certain degree of decentralization, and we are making progress toward that goal.

During the month of December, we are updating our Platform and Network Terms to note that disputes will now be subject to arbitration rather than going straight to the Courts of Singapore. …


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WORBLI’s Strategic partner Agenix will offer CaaS to applications on the WORBLi network looking to reduce regulatory friction.

With the recent announcement of FinCEN and FATF guidelines, it has become more expensive for new applications in the DeFi (Decentralized Finance) space to build on Enterprise-grade platforms. For many, the idea of scaling a compliance team in order to safely navigate the new regulatory landscape is unreasonable

Agenix, an independent software and development company formed by members of the WORBLI launch team has announced Compliance as a Service is coming to WORBLI. CaaS brings the latest compliance tools and automation to keep applications running safe and free from regulatory scrutiny.

Businesses must navigate compliance regulations that are specific to their industry. If they ignore those regulations they can face serious fines. In the blockchain space, many businesses have tried to avoid regulators. In 2017 the SEC brought a little over a dozen enforcement actions against companies conducting token sales. In 2018 the SEC opened well over 200 potential investigations on blockchain-based businesses. Based on those numbers the strategy to ignore regulators is not a good idea. …


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This feature of the WORBLI platform is now available to WORBLI users and applications.

Dispute resolution is a critical process for businesses and customers. It allows for efficient resolution of grievances which saves everyone involved time and money. Please note the WDR has separate executive power from WORBLI’s executive authority.

We will be discussing this in the coming weeks in greater detail in the Decentralize WORBLI series of articles. The next article for that series is an overview of the WORBLI Governance Model (WGM).


The WORBLI Brand is Evolving

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I love a good stew. Not frozen or that over-salted, preservative-laden mush in a can, but freshly made — thick and hardy — a robust blend of ingredients. When the right combination of victuals* come together, it’s hard to beat, especially on a cold winter night. Stew is a single dish with many elements creating a fusion of flavor. Leftover stew can even be better and when there is not enough to go around, fresh ingredients can be added to that base, building a new meal. And if the blend is right, the flavor will still be spectacular. …

About

WORBLI

WORBLI is the infrastructure for an efficient, honest, and accessible financial system for enterprises and individuals to unlock the potential of blockchain.

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