MOBU’s role and relevance in Blockchain and Crypto
Future contracts will be blockchain-based
Blockchain technology and cryptocurrencies are here to stay. Every single financial asset, which is really just a contract — stocks, bonds, titles and deeds are all contracts and these contracts will all move to a blockchain-based format (security tokens) in the near future, most likely sooner than later!
MOBU is the future of security tokens. MOBU is a decentralised platform and end-to-end solution for ICOs to launch compliant security tokens.
New digital medium of value
For the first time we have a new digital medium for value where anyone can access anything of value — stocks, bonds, money, digital property, titles and deeds. Trust is not established through middlemen but with mass consensus using a network.
MOBU creates an abstract smart contract from which all security token ICOs will be extended. It is a competitive ecosystem/marketplace that implements a unique protocol standard called MOB20 which allows for a worldwide security token approval and investor protection. By this offering MOBU creates a more competitive ICO services pricing environment which complies with SEC and all regulations including KYC and AML. This creates a network of confidence and trust that will boost economic efficiency and incentivize community growth.
When a security token is created and issued on the MOBU platform, the token is programmed to verify who can buy and sell the token. The security token restricts token holders from trading to any address that has not passed the required verifications. With this baked-in restriction, decentralized and anonymously run exchanges will only be able to conduct trades to authorized participants. The restrictions provide issuers assurance that their tokens will only be held by authorized investors. This fundamentally changes the securities market.
Blockchain does not exclude billions of people from the system
Currently billions of people are excluded from the global economy because they are unable to open a bank account without a birth certificate, passport or utility bill or the funds to justify it.
The MOBU platform ensures competitive pricing for legal, smart contract design, etc. to ensure lower barriers to entry and higher profitability for investors. MOBU will create an economy and society that is open, fair and inclusive. It ushers securities onto a new decentralized secondary market with negligible fees, instant settlement times, and around the clock trading. Instant and prompt trade settlement on the secondary market for security tokens are very attractive advantages for issuers and investors.
Blockchain dramatically changes the role of middlemen
With blockchain there is still a need for trusted middlemen to perform services and functions but their roles change dramatically. For example, having banks that coordinate the financial services that people might use on the blockchain could be a huge opportunity.
MOBU is able to avoid the multi-step execution of transactions performed by middlemen. It connects validated investors and security token ICOs by changing the role of middlemen. Its clear business model MOBU demonstrates the unique use of and demand for the MOBU token on the MOBU platform. In its ecosystem MOBU utilises the services of trusted middlemen/tender users such as KYC providers, legal representatives and escrow providers.
Blockchain changes the very nature of financial services
The financial services industry is at the heart of the capitalist economy. Currently some settlements take weeks. The financial services industry transfers, stores, lends, exchanges, funds, invests and insures value.
MOBU gets the opportunity to profoundly change the nature of the entire industry. MOBUs abstract smart contract decreases the complexity, costs, settlement times and paperwork with managing securities (collecting signatures, wiring of funds, mailing of distribution checks, etc.).
By introducing a new innovative and unique method of escrow services to ICO`s, investors are protected by enabling them to exit the ICO after the crowdsale on a pro-rata basis if the ICO issuers do not adhere to their roadmap or goals.
A “lockup” utility to MOBU tokens for service providers will be introduced to access services, rather than spend the tokens. This creates scarcity of supply in the market and increases the demand and intrinsic value of the MOBU token. Lockups can be used by investors to determine the intrinsic value of the MOBU token. MOBU targets a strong growth area in the market and in the same way will the MOBU platform grow, evolve and develop.
Final thought
MOBU capitalises on the securities market when the current trend continues of token holders being progressively replaced by shareholders in the global economy. MOBU allows for a whole new market of money to enter the blockchain environment.
And this is only the start of this revolutionary epoch.
Website: https://mobu.io
Telegram: https://t.me/mobuCHAT
Twitter: https://twitter.com/MobuICO
Facebook: https://www.facebook.com/MobuICO
