CyberTrust - turning Bitcoin into securities
The CyberTrust platform turns Bitcoin into securities so that banks can process cryptocurrencies through existing IT infrastructures and security system. The platform uses Ethereum tokens based on the ERC-20 standard. The only way to convert digital assets into crypto securities is through the CyberTrust platform.
https://www.cybertrust.io/
Initially, the platform plans to work only with Bitcoin, Ethereum and Bitcoin Cash. It is also planned to add 20 of the most liquid digital assets by the end of 2018.
The advantages of CyberTrust are the ability to verify ownership, risk-free calculation and reliable security and storage.
ICO runs from October 30 to November 10, 2017. At the moment, 19 684.82 ETH has already been collected.
The CyberTrust platform allows:
1. Holding assets, as follows:
- Problem-free solution of issues with increased security;
- Risk-free clearing and settlement;
- Regulatory and judicial supervision;
- Clarity in relation to tax impact;
- Ownership, audit possibility;
2. Purchasing / selling, as follows:
- Ability to work within the traditional banking system;
- Internal KYC / AML regulatory framework;
- Clarity in relation to tax impact;
3. Creation of financial products, namely:
- Profit from a sale or management of assets of new financial products;
- Providing an asset manager with a hedging of the risk of a financial crisis (hedging of risks at the tail end).
The CyberTrust platform can be used in the following areas:
- Undiscovered sovereign wealth fund of the Middle East that accounts $50 million (US Treasury bills, synthetically structured in terms of BTC, Paris hedge fund).
- Amazon stocks, synthetically structured in terms of ETH that accounts $20 million (Undisclosed Family Office).
- The volume of Google shares in terms of BCH that accounts $10 million.
The developers of the platform see the development of the project as follows:
- Jurisdiction of Luxembourg became the base for the project in September 2014.
- The project based on the Ethereum Fund began its development in July 2016.
- The structure of the project is redesigned. Service providers approved a new structure in April 2017.
- ICO starts in November 2017.
- In the third quarter of 2018, the license for storage in Luxembourg was approved. License for brokerage activities obtained as a result of approval of regulatory bodies or mergers and acquisitions.
Thus, CyberTrust platform is an excellent assistant when working with banks on issues connected with cryptocurrency.
Website: https://www.cybertrust.io/
White Paper: https://www.cybertrust.io/CyberTrust-WhitePaper.pdf
Author: https://bitcointalk.org/index.php?action=profile;u=980049


