🇦🇪 Stobox successfully participated at the STEP Conference in Dubai!
🔥 STEP is the leading tech festival for emerging markets supported by Dubai Internet City, Amazon, Microsoft, and Pepsico.
🚀 During the conference Stobox presented new tech products, met industry professionals and the local fintech community.
#Stobox #STBU #Dubai #fintech
🔥 STEP is the leading tech festival for emerging markets supported by Dubai Internet City, Amazon, Microsoft, and Pepsico.
🚀 During the conference Stobox presented new tech products, met industry professionals and the local fintech community.
#Stobox #STBU #Dubai #fintech
📣 Stobox made crypto market estimate in the context of a Progress Chain, which is an base-level infrastructure for operations with financial assets.
⚡️ Any securities can be issued on the Progress Chain. Therefore, it is possible to assess the market size of tokenized securities as the total value of existing traditional securities.
💡 There is huge value to be unlocked by tokenization by opening access to capital markets for 99.98% of companies in the world
😎 Stay tuned to learn more about Stobox Progress Chain
#Stobox #STBU #StoboxExchain #ProgressChain
⚡️ Any securities can be issued on the Progress Chain. Therefore, it is possible to assess the market size of tokenized securities as the total value of existing traditional securities.
💡 There is huge value to be unlocked by tokenization by opening access to capital markets for 99.98% of companies in the world
😎 Stay tuned to learn more about Stobox Progress Chain
#Stobox #STBU #StoboxExchain #ProgressChain
📣 Progress Chain provides solutions to the following problems:
🔹 Securities regulations are performed slow and non-preventive.
🔹 Legacy systems and manually-validated data slow down the process of financial control and audit.
🔹 Even though regulations are performed, a growing fraud is related to issuing securities.
🔹 Barriers to geography, regulation compatibility, and other legal factors lead to cost inefficiency and increasing time consumption.
👉 With the experience in assets tokenization, securities regulations, and blockchains, the Progress team sees this project as a technological opportunity that may disrupt assets and the securities markets.
#Stobox #ProgressChain
🔹 Securities regulations are performed slow and non-preventive.
🔹 Legacy systems and manually-validated data slow down the process of financial control and audit.
🔹 Even though regulations are performed, a growing fraud is related to issuing securities.
🔹 Barriers to geography, regulation compatibility, and other legal factors lead to cost inefficiency and increasing time consumption.
👉 With the experience in assets tokenization, securities regulations, and blockchains, the Progress team sees this project as a technological opportunity that may disrupt assets and the securities markets.
#Stobox #ProgressChain
🇦🇪 Stobox will participate as an Exhibitor in the SIGMA AIBC Summit in Dubai, one of the most significant blockchain events in the world!
🏆 In 2022, Stobox will be nominated for several awards simultaneously!
🗓 Summit will take place in Dubai, 20 - 23 March 2022
😎 Visit our Exhibition and have a chance to talk with the Stobox Team!
#Stobox #STBU #StoboxExchange #Dubai #AIBC
🏆 In 2022, Stobox will be nominated for several awards simultaneously!
🗓 Summit will take place in Dubai, 20 - 23 March 2022
😎 Visit our Exhibition and have a chance to talk with the Stobox Team!
#Stobox #STBU #StoboxExchange #Dubai #AIBC
🔥 Check the Stobox Progress Chain Standards
🚀 Progress Chain will implement 4 standards and ensure that there are specific bodies responsible for compliance enforcement with the operations related to these standards and digital securities included in them.
There are 4 key standards of operations on the Progress Chain in total:
🔹 PGS-20 — a standard interface for fungible (interchangeable) tokens, like voting tokens, staking tokens, or virtual currencies.
🔹 PGS-S1 — a standard that will have some restrictions due to its nature of regulation. Companies will use this standard to perform tokenization, raise funds, trade commodities, and perform other non-strictly regulated operations.
🔹 PGS-S2 - A standard that will be used for operations with digital securities and will be highly regulated.
🔹 PGS-721 - A standard interface for non-fungible tokens.
😎 Stay tuned to learn more
#Stobox #ProgessChain #blockchain #token
🚀 Progress Chain will implement 4 standards and ensure that there are specific bodies responsible for compliance enforcement with the operations related to these standards and digital securities included in them.
There are 4 key standards of operations on the Progress Chain in total:
🔹 PGS-20 — a standard interface for fungible (interchangeable) tokens, like voting tokens, staking tokens, or virtual currencies.
🔹 PGS-S1 — a standard that will have some restrictions due to its nature of regulation. Companies will use this standard to perform tokenization, raise funds, trade commodities, and perform other non-strictly regulated operations.
🔹 PGS-S2 - A standard that will be used for operations with digital securities and will be highly regulated.
🔹 PGS-721 - A standard interface for non-fungible tokens.
😎 Stay tuned to learn more
#Stobox #ProgessChain #blockchain #token
⚡️ The Structure of Progress Chain Architecture
The processing of the transactions on the Stobox Progress Chain will be ensured by economically driven miners, based on the Proof of Stake consensus.
👉 Any network participant who has a sufficient balance of 100,000 $PRGS for mining can deploy a node and support the network processes, receiving the transaction fees.
🔹 Mining is a process that is fully separate from DAO Governance, thus, miners will not receive any voting permissions and will not affect the network development until they pass the basic KYC/KYB procedures.
Additional points:
🔸 Rollup solution based on Binance Smart Chain fork;
🔸 Controlled access from the PGS Gateway;
🔸 Additional rewards to authenticated nodes, that participate in DAO;
🔸 Closed ecosystem for the securities, with a high level of security and validation;
🔸 Possibility to create corporate accounts;
🔸 Fast Transaction Speed - 3 Second / Block;
🔸 Low transaction cost ($, gwei); etc.
The processing of the transactions on the Stobox Progress Chain will be ensured by economically driven miners, based on the Proof of Stake consensus.
👉 Any network participant who has a sufficient balance of 100,000 $PRGS for mining can deploy a node and support the network processes, receiving the transaction fees.
🔹 Mining is a process that is fully separate from DAO Governance, thus, miners will not receive any voting permissions and will not affect the network development until they pass the basic KYC/KYB procedures.
Additional points:
🔸 Rollup solution based on Binance Smart Chain fork;
🔸 Controlled access from the PGS Gateway;
🔸 Additional rewards to authenticated nodes, that participate in DAO;
🔸 Closed ecosystem for the securities, with a high level of security and validation;
🔸 Possibility to create corporate accounts;
🔸 Fast Transaction Speed - 3 Second / Block;
🔸 Low transaction cost ($, gwei); etc.
🇦🇪 Stobox is hosting the event at the AIBC Summit in Dubai — one of the most significant blockchain events in the world!
🔥 Stobox Co-Founders Gene Deyev and Ross Shemeliak presenting Stobox products and services as well as clients for a thousandth audience
⚡️ Join us to find out about Stobox product Dashboard, Dashboard PRO that will be released soon, Progress Chain, and much more!
🚀 That is just the beginning. There are much more updates to come!
#Stobox #STBU #StoboxExchang #ProgressChain
🔥 Stobox Co-Founders Gene Deyev and Ross Shemeliak presenting Stobox products and services as well as clients for a thousandth audience
⚡️ Join us to find out about Stobox product Dashboard, Dashboard PRO that will be released soon, Progress Chain, and much more!
🚀 That is just the beginning. There are much more updates to come!
#Stobox #STBU #StoboxExchang #ProgressChain
🇦🇪 Stobox and PSP Angels at the AIBC Summit in Dubai
🚀 PSP Angels — payment service provider and banking brokerage firm for online merchants. They help Stobox clients open bank accounts much faster to speed up the whole STO process.
⚡️ In Dubai, our teams met together to present services and products to the new clients.
😉 Join us at the conference and stay tuned!
#Stobox #AIBC #PSPAngels #STO
🚀 PSP Angels — payment service provider and banking brokerage firm for online merchants. They help Stobox clients open bank accounts much faster to speed up the whole STO process.
⚡️ In Dubai, our teams met together to present services and products to the new clients.
😉 Join us at the conference and stay tuned!
#Stobox #AIBC #PSPAngels #STO
🚀 The Progress Chain is an EVM compatible blockchain network that focuses on solutions by implementing the following on-chain mechanisms
🔸 DAO Network Governance — configured to push the network developments while keeping the community quality and project governance at the highest level
🔸 Smart Contracts — a mechanism for execution of on-chain logic, digital assets creation and management, secondary trading, and other activities
🔸 NFT based on-chain interaction regulation — designed to ensure that the network participants are allowed to do the actions aligned precisely with their role in the system, the standards they have permission for, and the operations they are legally validated
⚡️ Stay tuned to learn more
#Stobox #ProgressChain
🔸 DAO Network Governance — configured to push the network developments while keeping the community quality and project governance at the highest level
🔸 Smart Contracts — a mechanism for execution of on-chain logic, digital assets creation and management, secondary trading, and other activities
🔸 NFT based on-chain interaction regulation — designed to ensure that the network participants are allowed to do the actions aligned precisely with their role in the system, the standards they have permission for, and the operations they are legally validated
⚡️ Stay tuned to learn more
#Stobox #ProgressChain
🇦🇪 Stobox and Candela Project at the AIBC Summit in Dubai
🚀 Candela Project, a luxury villas complex in Tulum, Mexico
😉 Stay tuned!
#Stobox #AIBC #Candela
🚀 Candela Project, a luxury villas complex in Tulum, Mexico
😉 Stay tuned!
#Stobox #AIBC #Candela
🚀 The Progress Chain is an EVM compatible blockchain network that focuses on solutions by implementing the following on-chain mechanisms
🔸 Roles and Permissions Management System — each network participant is granted a clearly defined role with corresponding on-chain permissions.
🔸 Standards — each standard is designed to support a specific type of operation, from non-regulated utility tokens to highly regulated digital securities.
🔸 Robust technology — fast, reliable, and cheap operations.
⚡️ Stay tuned to learn more
#Stobox #ProgressChain
🔸 Roles and Permissions Management System — each network participant is granted a clearly defined role with corresponding on-chain permissions.
🔸 Standards — each standard is designed to support a specific type of operation, from non-regulated utility tokens to highly regulated digital securities.
🔸 Robust technology — fast, reliable, and cheap operations.
⚡️ Stay tuned to learn more
#Stobox #ProgressChain
⚡️ Network governance will be performed by Progress Chain DAO, a decentralized governance body with authority to vote on the network development issues.
Each DAO member has to fulfill certain criteria:
🔸 An individual or a legal entity that had completed KYC/KYB procedure;
🔸 An active contributor to the Progress Chain development that had completed KYC/KYB procedure;
😎 Stay tuned to learn more!
#Stobox #ProgressChain #DAO
Each DAO member has to fulfill certain criteria:
🔸 An individual or a legal entity that had completed KYC/KYB procedure;
🔸 An active contributor to the Progress Chain development that had completed KYC/KYB procedure;
😎 Stay tuned to learn more!
#Stobox #ProgressChain #DAO
🚀 Stobox participated in one of the biggest expos and conferences on blockchain, FinTech, and Crypto AIBC Summit 2022, organized by SIGMA
⚡️ At the summit, Stobox’s main goal was to present its three innovative products — DS Dashboard, DS Dashboard PRO, and Progress Chain. In the course of two days, Stobox’s stand visited 300 people.
📰 Read the Stobox article about the results of the conference and learn about productive meetings and new potential clients
🔎 Follow the link — https://stobox-platform.medium.com/stobox-presented-its-new-products-at-one-of-the-biggest-blockchain-conferences-in-dubai-32b049fb9f87
#Stobox #STBU #StoboxExchange #AIBC #SIGMA
⚡️ At the summit, Stobox’s main goal was to present its three innovative products — DS Dashboard, DS Dashboard PRO, and Progress Chain. In the course of two days, Stobox’s stand visited 300 people.
📰 Read the Stobox article about the results of the conference and learn about productive meetings and new potential clients
🔎 Follow the link — https://stobox-platform.medium.com/stobox-presented-its-new-products-at-one-of-the-biggest-blockchain-conferences-in-dubai-32b049fb9f87
#Stobox #STBU #StoboxExchange #AIBC #SIGMA
⚡️ Investors and companies may become a part of the Progress Chain DAO, receiving the right to vote. Network participants will utilize this right to:
🔸 Include new entities into the DAO;
🔸 Grant different permissions to the DAO participants;
🔸 Remove entities from the DAO;
🔸 Allocate funds for the development;
🔸 Allocate grants and other incentive programs, and more.
😎 Stay tuned!
#Stobox #ProgressChain #DAO
🔸 Include new entities into the DAO;
🔸 Grant different permissions to the DAO participants;
🔸 Remove entities from the DAO;
🔸 Allocate funds for the development;
🔸 Allocate grants and other incentive programs, and more.
😎 Stay tuned!
#Stobox #ProgressChain #DAO