inacta AG, a specialist for services around Crypto Assets, and Canada based Blockstream Corporation signed a memorandum of understanding for offering services for the interexchange settlement network Liquid to the Swiss finance industry.
Liquid, created by Blockstream which is run by the inventor of proof of work Dr. Adam Back, is the first production-ready sidechain and combines the strengths of public and permissioned blockchains. It allows issuance and transfer of crypto asset tokens such as equities, bonds and other securities in a scalable and private way using the unique Confidential Asset Technology.
inacta’s recently established Crypto Assets unit will offer integration services for Liquid, helping financial institutions to leverage the benefits of the Liquid blockchain. What’s more, inacta supports companies that want to issue assets on the Liquid network.
Liquid technology has also been integrated in inacta’s Tokengate, the platform for issuing digital assets in a manner fully compliant with laws and regulations. This makes tokengate the world’s first platform supporting tokens on the Liquid network.
inacta is an independent Swiss IT consulting firm based in Zug. Almost 70 experienced digitization experts support organisations from the insurance, banking, real estate, and healthcare sectors. For almost two years now, the experts at inacta have been supporting start-ups and established companies with consulting, training and software development services. As an early adopter, inacta understands not only the technology but also how and where Blockchain is usefully used.
tokengate is an initiative of inacta AG and aims to be the reference platform for fully compliant ICOs in Switzerland. It supports Crypto Valley’s growing ecosystem and promotes transparency for both contributors and organizers with a standardised contribution process, resulting in a fully FINMA compliant and yet smooth user experience.