STO Global-X to adopt ‘STACS’ Protocol

STO Global-X to adopt ‘STACS’ Protocol

STO Global-X's Securities Trading Classification Settlement (STACS) Network.

AIMS to collaboration of The integrate switch the STO of Global-tokenisation the X's platform and technology with Exchange Hashstacs'  Securities Asset Trading the Classification Settlement (STACS)  the Network. Multi-factor authentication and military-grade encryption. Ledger Technology (DLT): , transparent, and inclusive environment.

___________________________________________________________________

Joint launch

It was recently announced that the  Hashstac protocol, aka 'STACS', has been adopted by STO Global-X .

Through this integration, STO Global-X will be able to expand it.

STACS solution, while STO Global-X becomes better-rounded through.

Commentary

In their press release, STO Global-X and the GSX Group, here it is.

Nick Cowan , CEO of the GSX Group,  stated ,

For global investment, there is a possibility of global investment. We’ve been wrapping products and more. ”

Floyd DCosta , CEO of STO Global-X,  stated ,

“Operating at the junction of traditional finance and the financial markets will radically transform the capital markets world. It’s a paradigm. ”

Gibraltar Stock Exchange

The GSX is a leader in the rapidly growing digital securities sector. They are a respected exchange that operates within a blockchain friendly government. Taking advantage of this, they have been able to develop various solutions, geared towards the industry in the past year.

One such example is the creation of a GSX Group subsidiary, Hashstac.

Hashstac

Hashstac is a Singaporean based company that was formed in 2018 through the efforts of GSX, Prime FinTech, and Chong Sing FinTech.

The company acts primarily as a blockchain development company, offering solutions such as their ‘STACS’ protocol. This is a to-be global blockchain, supporting the issuance, clearing, and settlement of digital securities.

STO Global-X

Based on Singapore,  STO Global-X  was founded in 2018. It was a global product, and it was a global product,

Company operations are overseen by CEO, Floyd DCosta.

 

Source Securities.io

Other news

Poloniex will introduce the LaunchBase IEO platform

The company will introduce the Launch Base platform. New alt coins will be sold in a live queue. Other platforms abandoned this model due to the fact that fundraising campaigns ended in seconds, and many…

  • 06 Apr 2020

Cryptocurrency Exchange Security

Historically, exchanges have been the most vulnerable point of cryptocurrency infrastructure. Attacking them is more profitable and cracking them for a long time was often easier than regular wallets.…

  • 09 Mar 2020
View more update