This trailblazing, blockchain-based platform looks to revolutionize three key financial sectors: Corporate Governance, Capital Raising, and Digital Trading, by leveraging the inherent security and transparency of blockchain technology. And news of a patent for its revolutionary digital trading platform is helping shares this Monday.
BlackStar Enterprise Group, Inc. (OTC Pink:BEGI) announced the receipt of a ‘Notice of Allowance’ from the United States Patent and Trademark Office for “System and Method For Facilitating A Public Offering On An Immutable Blockchain Provided To Eligible Qualified Investors Based Upon Priority Of Interest.”
BlackStar’s revolutionary software is called the BlackStar Digital Trading PlatformTM for electronic fungible shares in book entry and is compliant at any U.S. brokerage firm. The technology claimed in the patent application covers facilitating a public offering of shares of public or private companies, of both registered and unregistered securities on a blockchain, based on priority of interest.
BlackStar’s Digital Trading Platform is designed to function in the existing back-office operations of broker-dealers. within the confines of existing rules or regulations. Transactions for common shares are entered on the platform and then recorded onto a centralized private blockchain, with all clearing and settling done through the platform. The clearing of the trade may be the responsibility of the broker-dealer that introduces their customer to trade on the B.D.T.P.™ platform. Shares were trading at $0.00225 in morning trade.
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