Stobox Weekly Report 21/2021
Last week we launched the last version 1.10.9 of Stobox DS Dashboard. There are some important features and bug-fixes to be mentioned:
- As we deal with securities, every transaction has to be verified (Know Your Transaction). Therefore, every transaction has to be processed in the back-end before being sent to the blockchain. Moreover, we scan every block searching for transactions with the specific security token, making every transaction transparent and visible to a company or regulator.
- Know Your Business section is completed. When the investor is a company, alternative identity verification procedures must be applied. We have implemented KYB flow for us and our customers.
- Roles and Permissions management for the Corporate section of the Dashboard is completed. It allows our STO clients to assign roles without Stobox support.
- Integration with Getresponse (Mailserver).
- Limits Management updated. Stobox smart contracts for security tokens comply with securities rules and regulations. Therefore, before any sender creates a transaction, there must be limits and permissions to do so. Management of such functions is a unique feature for our corporate clients.
Besides, we are working on 2 epics:
- Stobox DS Dashboard v 2.0. The release is planned for June! Apart from the unique functionality updates, we have fully redesigned the product. Now it is more user-friendly, neat, and clear. Also, we have developed our unique style for all of our products. So users can navigate seamlessly through Stobox Exchange and Stobox Dashboard.
2. Deployment of our first client Security Token Offering. The release is planned for June.Stobox ExchangeThe launch plan is to be announced soon 😉
Our team is one last step from the Beta Launch in the next 2 weeks.
The bridge has been developed. It’s being tested on vulnerabilities, which may take several weeks. Please be patient, as it’s critically important to complete all the necessary tests before going live. Once published, an additional Liquidity Pool will be created on the Pancake Swap. Liquidity Mining is planned accordingly 😉
Two major migrations have been completed:
- To Jira from Trello;
- To Google Drive from Dropbox.
Within the next several weeks we plan to change the format of weekly reports. Reports on all important updates and activities will be released automatically from Jira.Analytics & Business Documentation
- Updated business documentation for investors;
- Updated DS Dashboard Deployment Questionnaire v.1.2;
- Completed documentation for the DS Dashboard Client Deployment Flow;
- Started working on documenting and systematizing the process of building a knowledge base and monitoring industries, STO cases, and competitors;
- Conducted research on the valuation of competitors for marketing purposes.
Business Development & SalesClosed 2 new deals! Additional 2 STOs are in the pipeline. This summer will be really hot!
- New projects in the pipeline:
— Crypto communities from the USA. Crowdfunding for financial projects. The goal is to issue security tokens for investors and use Stobox Platform to control activity.
— Florida, USA. The goal is to use Stobox Platform to raise capital for real estate transactions. Becoming a referral partner.
— A hedge fund seeks to tokenize portfolios. London, UK.
- Received 7 requests on the Stobox website:
— 4 – Tokenization Consulting;
— 3 – Other.Marketing and Production
- Published an analytical article about how real estate asset tokenization really works;
- Published a Stobox Interview with Nitin Gaur (Senior technology leader of blockchain and digital assets at IBM);
- Announced the Stobox Head of Legal — Danyil Voloshchuk.
If you believe in Stobox and in the industry of tokenized securities, you have a chance to become a Stobox Technologies Inc. shareholder by participating in the Stobox Security Token Offering.Simply register on Dashboard.stobox.io, pass Identity Verification, and invest in tokenized shares of Stobox Technologies Inc. These shares are backed by corporate assets, proprietary technologies, professional team members, and intellectual property. The secondary trading will be available after the completion of STO in June 2021.
Finally, I would like to thank all of our team members, active partners, and community members who contribute to Stobox! Have a great week!
With warm regards,