A firm that's developed tech to resolve disputes arising from blockchain smart contracts has said it plans to list on the London Stock Exchange.
As reported Friday by Alliance News, The Proof of Trust aims to float on the LSE's Main Market.
"We at The Proof of Trust are excited at the prospect of a full listing on the main market of the company's shares and we look forward to providing investors with the opportunity to share in this groundbreaking project," said lawyer and Proof of Trust CEO Dean Armstrong.
Targeting the Main Market would seem ambitious for a young firm working with blockchain, as it is generally reserved for larger companies with a proven track record, and sets a higher threshold of requirements for listing.
Smaller and newer firms more often attempt to float on the AIM market.
CoinDesk has reached out to the company for more details on the planned listing.
Proof of Trust says on its website that it's built a protocol using distributed consensus to "Manage arbitration or dispute resolution for smart contracts."
Its "Anti-collusion algorithm" is said to validate the authenticity of data with "Trusted and verified experts" before it is recorded on the blockchain and used to execute smart contracts.
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
Blockchain Arbitration Firm Proof of Trust Plans London Stock Exchange Listing
pubblicato su Jan 17, 2020
by Coindesk | pubblicato su Coinage
Coinage
Menzionato in questo articolo
Notizie recenti
Vedi tutti
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.