Bitcoin startup Blockstream is set to launch a platform that lets users launch their own tokens by utilizing its Bitcoin sidechain Liquid.
The app will allow users to issue and manage security tokens on top of the liquid Network.
According to Blockstream chief security officer Samson Mow, businesses around the world are racing to take advantage of the app and claims that the platform is more reliable compared to other similar platforms.
“With the launch of Liquid securities, businesses can quickly issue Liquid – based security tokens with the click of a button and establish sophisticated rule sets to conform with their regulatory requirements,” said Mow in a shared press release.
It is reported that the platform will launch with partners such as Investment, BankToTheFuture, Multi-block chain insurance platform Tokensoft to name a few.