Emirex Group Overview.
Part 2: The Emirex Wallet and the Emirex Tokenization Platform
The opportunities that crypto and the blockchain represent are massive. But few people around that would argue that there are significant hurdles between where we are today and where we could be tomorrow. One of the biggest challenges is creating a universal platform that offers access to innovative projects, liquidity and a level of technology that lets people trade project tokens quickly, easily and securely. Built on more than five years of active experience in the crypto sector, Emirex has been developed to overcome this challenge.
Being able to trade tokens is massively important. In the last article, we discussed the capabilities of the Emirex Exchange which makes it possible to trade digital assets securely, quickly and safely. It is as important to be able to manage the tokens you have, and for innovators, there needs to be a simple way to tokenize a project and make the most of the funding opportunities. In this article, we will discuss the Emirex Wallet and the Emirex Tokenisation Platform, which combine to meet these needs.
Our ambition is to create a crypto gateway that is built on the Middle East’s heritage as the center of global trading. We want to bring together innovators, expert traders, and people that are new to space, giving them the tools they need to create opportunities. We believe that the digitization process will mean that every stock, bond, currency, and commodity will be tokenized and traded peer-to-peer without the need to pay brokers or other third-parties fees.
The Emirex Wallet
Wallets directly interact with the blockchain ledger to help users keep track of their assets and enable them to create and issue new transactions. They are a vital component of a crypto eco-system and must be designed with the highest levels of security.
The Emirex Wallet has been designed to let retail users safely and securely store digital assets on Android or Apple devices. It has the highest levels of privacy and reliability to give users confidence when they are sending, receiving and storing their assets.
Our wallet supports all coins traded on the Emirex Exchange and the standard version will be free of charge. We will charge a small fee for the professional version, payable in EMRX tokens, which allows for extended functionality such as management of multiple private keys on any device. This allows for efficient, simultaneous management of multiple portfolios.
The Emirex Tokenisation Platform
Emirex has been helping companies, organizations and government agencies make the most of the opportunities that the digital economy offers since 2014.
The team behind Emirex has already worked on a corporate bond and tokenized commodities platform and advised on multiple equity tokenization projects, we are currently developing a primary issuance platform for tokenized securities and assets.
The Emirex Tokenisation Platform is built on our experience coupled with accepted best practices. It offers:
- Investor onboarding
- Third-party assessment
- Investor dashboard for issued token management
- Optional two-factor authentication for investors
- Document signing
- KYC/AML and accreditation qualification
- Deposits and withdrawals in fiat and crypto
- Real-time cap table management
- Investor limits enforcement
- Tax reporting
- Multi-protocol support
- Support for both public and permissioned blockchains
- Third-party service provider integration, to ensure expedient legal and tax advice
- Dedicated customer support
There is already a significant demand from Middle East-based potential issuers that want to tokenize their assets, as well as issuers in Africa, Asia, and Europe that want to access Middle Eastern liquidity to support their tokenized assets and projects.
We believe that the combination of the Emirex Exchange, Emirex Wallet, and the Emirex Tokenisation Platform represents a significant step forward in the development of the crypto sector. If you would like to hear more, please follow our social media.
