Introducing One-of-a-Kind ‘Regulation Aware Protocol’ for Tokenized Securities By Orderbook

Mar 13, 2018 at 11:24 // News
Regulation Aware Protocol by Orderbook

With Cryptocurrency bursting into public consciousness and its attendant token sale carving out one of the fastest growing investment opportunities, regulations are now being pushed forward to protect the market from harmful practices. However, these regulations lack universal parameters with different countries issuing their own regulations for token sale and cryptocurrency exchange.

Navigating these regulations has now become a major source of headache for both project founders and market participants where a single misstep could doom entire project or result in substantial losses. Reputable blockchain solutions provider, Ambisafe, has announced the development of the world's first Regulatory-Aware-Protocol exchange platform.

Driving Blockchain Innovation

Orderbook.io by Ambisafe is the world's first authoritative and decentralized response to current cryptocurrency and token sale regulatory concerns. The platform addresses the recent regulatory guidance regarding token sales through an innovative self-regulating token class that enables token issuers manage securities on the Ethereum blockchain.

Orderbook.io has been developed as a one-stop shop for all things cryptos - from storage to TGE participation and trading. The platform’s multi-cryptocurrency supports BTC, Ethereum, ERC20 tokens, Fiat and major altcoins, allowing users to store, send, and receive funds on a single, secure platform instead of juggling multiple wallets. They will also be trade their tokens. 

Orderbook.io’s ICO engine creates a “greenhouse” for both blockchain developers and market participants. Users will be able to deploy their regulation-compliant projects on the platform, utilizing the engine to announce, conduct token sale, and distribute, creating an efficient and sustainable ecosystem for both investors and traders.

Assets are controlled by a User smart contract secured by three private keys. These keys facilitate access to the funds, any two of them are needed at a time to perform operations.


Global Regulatory Compliance for Token Sale

Orderbook.io’s regulatory compliant ecosystem is underpinned by the platform's proprietary Regulation Aware Protocol (RAP) tokens. RAP eliminates the problem of using smart contracts for checking and responding to users permissions for every transaction on the network. The protocol automatically check users for proper compliance level before participating in any token sales event, comparing their permission level against an internal database and applying necessary restrictions where required.

Blockchain developers on the platform not only get to craft regulatory-compliant tokens for the crypto industry, but it also helps them to vastly introduce improvements into the industry by not having users re-submit their credentials every time they want to participate in a new token generation event.

“We have created RAP tokens to be the perfect instrument for a new generation of financial innovation. We believe in the migration of financial markets to this new technology in the near future. It is a big step for Orderbook, and a huge leap for Blockchain technology,” says Andrii Zamovskyi, CEO of Orderbook and founder of Ambisafe

Orderbook.io remains the only exchange platform supporting the creation and registration of verified Blockchain users, through a specialized smart contract on a decentralized network.

For more information on Orderbook visit: https://www.orderbook.io/#/

For more information on Ambisafe visit : https://www.ambisafe.co/

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