August Newsletter
Discover the latest news, which August brings to the Smartlands team:
Smartlands’ KYC Module Plan
Smartlands implemented a KYC Module, further developing the Platform for the issuing of legislation-compliant security tokens. Know Your Customer (KYC) is a procedure for checking the identity of customers, which is a must for businesses that deal with financial services. Implementing KYC is required by regulators to prevent participants from being involved in illegal activities like money laundering. Therefore, the KYC Module will allow Smartlands to prevent fraud and manipulations on the platform. All users who have the intention to invest in security tokens released on the Smartlands platform, will have to pass our KYC procedure. Find out three key steps for Smartlands KYC module implementation.
Smartlands Cooperates with TVINS Law to Build Up a Legal Framework
Smartlands partnered with TVINS Law to ensure its legal framework is compliant with the law and regulators. TVINS law firm is the leading law company in Lithuania within the banking and finance sphere. They are active in a regulatory field, with a particular focus on Fintech and blockchain related businesses.
Smartlands Validator to Launch on the Stellar Network
Smartlands launches a validator, which helps secure the network and validate transactions allowing the Smartlands Platform to exchange information with the Stellar network directly. This Stellar network validator is required to run own custom Horizon, which is necessary to fulfill the specific functions of the Platform. Discover the advantages of the Validator.
Smartlands Expansion to Asia
Smartlands visited Blockchain Summit Singapore. Our CEO, Arnoldas Nauseda, and Rajat Sharma, our Asia Strategy Advisor, showcased the platform and met with property asset management and development companies to discuss the tokenization of property investment in South-East Asia. The team also discussed cooperation with prospective partners: Safeguard Real Estate Management, Greenarc Capital, Aim International, Solar NRG, Gravitas International, Talenta, Faber Novel, Axir, and more. We are pleased to share the details about the most important of these meetings.
Smartlands Partners with Civic to Bring Secure, Reusable KYC to Smartlands Platform
Smartlands announced a partnership with Civic, the leading global identity provider, to implement identity verification services. This partnership brings secure, trusted identity verification, including Know Your Customer (KYC), to the Smartlands platform, establishing security safeguards that are critical to establishing trust and handling customer data. Civic is an identity verification platform, powered by blockchain technology, which allows users to have control over their personal information and allows them to safely and securely share their identity information on-demand. By implementing Civic identity verification solutions, Smartlands will insure that customer data is private and secure, while improving convenience and user-experience.
Next Steps
What can you expect in the next 3 months?
- Legal framework in UK.
- First security token project backed by real asset.
- New partnerships with asset managers, owners, institutional investors and joint venture agreements.
Let’s meet in Barcelona!
Our CEO, Arnoldas Nauseda, will be speaking at Blockchain Solutions World, Spain’s biggest blockchain conference, in October.
Stay tuned for more details, coming soon!
The Smartlands Team
