Amazing Blocks attended the European Blockchain Convention

One month after the official foundation, Amazing Blocks attended the renowned European Blockchain Convention. At one of the most influential conferences in blockchain, panel discussions regarding the hottest topics in blockchain were attended and informative insights gained. Further, the range of diverse attendees from traditional sectors and the blockchain space provided perfect conditions to network. This was supported by the smooth AI powered networking software Brella. Consequently, it was possible to obtain a clear picture of the current state of the market. — Author: Nicolas Weber

Amazing Blocks at the EBC

However, the most surprising potential synergies were discovered when talking to Pretty Kubyane. She is the founder and COO of Coronet Blockchain — a startup from South Africa which runs on IBM’s blockchain solution. Coronet securely tracks human hair pieces from source to customer, a market that racks up more than 100 million human hair extensions sold every year. Even here diversely applicable tokenization finds its use case. She issued the following quote for this article: “The European Blockchain Convention was a great blessing as a platform that provided global best practice insights, within an ecosystem of like-minded blockchain enthusiasts, experts, thought leaders and trail blazers in their own right, seeking to co-create the new reality, a world leveraging blockchain capabilities, together.”

Diverse attendance meets AI

Figure 1: A selection of attendees of the EBC.

The whole event was conducted virtually through AI-powered networking software Brella. The software enabled interest based matches leading to much greater efficiency in terms of planning to find counterparts for synergy building. Furthermore, it was easy to schedule and arrange meetings through the request and chat functions integrated in Brella, while meetings could be directly accessed through the platform. Live-streamed panels lasted from the 21st till the 23rd of September and networking was open from the 20th till the 24th of September. And if you were not able to attend panels? No issue at all as all since they were all recorded and subsequently free to watch. Therefore perfect conditions for connecting had presented themselves, as networking possibilities were boosted by the extended time frame and flexibility to absorb panels.

The perks of a virtual conference

Additionally, another major benefit is cost saving caused by lower ticket prices and avoided travel. Moreover, it was perfectly plannable how much time to invest into the convention. Flexibility and convenience thrived through the option to attend from home or any other remote location. Another crucial perk was the fact that the virtual structure positively affected the environment. The sustainability is caused by zero travel emissions and material waste produced from the conference directly. Pain points like capacity constraints could be deemed obsolete while conversely inclusivity through one on one meetings was guaranteed.

Amazing Blocks — a unique business model ready for mainstream adoption

The unique software Tokenpad supports an entire company life cycle of the legal entity in terms of administration. Within its layer, diverse features like a digital share register and easy onboarding of new investors are positioned. Hence, fundraising-on-the-go disrupts the way to receive funds and administer the entire process and subsequently mint and issue security tokens. With the solution Amazing Blocks provides, costly intermediaries become obsolete and time is significantly saved. The concept works from anywhere in the world, thus a broader access to investors is granted. The token functions as a container for the tokenized rights. Amazing Blocks can provide a blueprint to reduce the establishment of the entity in Liechtenstein from up to 4 months to around 3 weeks. Paired with this, the software solution is a unique tool and in this form not available anywhere else in the world.

Future outlook and conclusion

Remarks

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Amazing Blocks offers a tokenization solution that enables its clients to tokenize various assets according to the Liechtenstein Token Act (software-as-a-service). The software covers both the issuance of tokens and investing in tokens. It suits the needs for tokenizing all kinds of assets (e.g. machines, cash flow generating contracts, trademarks, real estate, cars). Imagine that some asset should be tokenized. For this asset various tokens would make sense: Equity tokens, debt tokens, participation rights as tokens, ownership tokens, or any mixture of these tokens. The software of Amazing Blocks helps issuers to handle multiple assets and to issue multiple tokens for these assets. This is possible by integrating blockchain technology with the law (that is, the Liechtenstein Token Act). At the core, there is the “digital legal entity in Liechtenstein” based on “tokenized shares” which allows a very efficient foundation, a very efficient operation of the company and, thus, an efficient and flexible possibility to tokenize assets. This should now make a wide variety of tokenization projects possible, because the costs for tokenization are significantly reduced.

Interested? Then, contact us! Are you interested in what Amazing Blocks is doing? Visit our website, write an email to hi@amazing-blocks.io, or follow us on LinkedIn or Twitter. Or provide your email address here and we will immediately send you more information.

Author

Nicolas Weber works in the department of Business Development Europe at Amazing Blocks and is your direct contact for any regards. You can contact him via email or connect with him on LinkedIn.

Digital legal entities in Liechtenstein based on true equity tokens to tokenize any asset in a standardized way to save time and money. - www.amazingblocks.io