æternity, the blockchain 3.0 platform designed to deliver unmatched efficiency, transparent governance and global scalability, announced last week it has formed a new partnership with DSTOQ, a licensed, decentralized stock exchange for trading security tokens. According to the blockchain platform, this collaboration will allow for the integration of æternity’s oracles —which track and record information on real-world assets — into the DSTOQ platform thereby enabling enterprises to more efficiently monitor financial data.
æternity revealed that its partnership with DSTOQ represents a significant use case of its oracles and their ability to use real-world information to facilitate trading and financial reporting. A regulated securities exchange, DSTOQ supports peer-to-peer trading of tokenized securities such as equities, stocks, bonds, oil, and gold. DSTOQ also conducts Initial Public Offerings (IPOs), whereby companies can create unique securities tokens and offer them for peer-to-peer trading. Speaking about the partnership, Yanislav Malahov, Founder and CEO of æternity, stated:
“Together, æternity and DSTOQ share an enduring vision to bring blockchain to the masses. Our oracles are critical tools to provide investors with the real-world information they need to conduct everyday transactions. Our partnership will also help blockchain startups in emerging markets mature and ultimately achieve mainstream adoption.”
DSTOQ and æternity also reported that they are working to create a “vibrant” blockchain ecosystem in Liechtenstein that will facilitate further adoption of blockchain technology in the region and promote educational initiatives, in terms of both institutional research and in the area’s public education system. Craig Mc Gregor, Co-Founder of DSTOQ, went on to add:
“I look forward to working closely with the æternity team in one of the most blockchain-friendly jurisdictions in the world, driving forward progressive regulation as evident in their newly proposed Blockchain Act With æternity, we are at the forefront of the blockchain revolution and are empowering communities to contribute and reap the rewards.”