BlackStar (OTC Pink:BEGI) reports that it has patented a process to trade securities using blockchain technology. BlackStar is a microcap trading on OTC Markets Pink segment. Its market cap is currently around $3.8 million. BlackStar also operates Blockchain Equity Management Corp. (BEMC). The company aims to enable a digital asset trading platform which is said to be in development using centralized blockchain.
In a release, BlackStar said it had a received a ‘Notice of Allowance’ from the US Patent and Trademark Office (USPTO), for U.S. Patent Application No. 18/415,938 Title: “Systems And Methods For Using A Digital Trading Platform To Trade Securities On A Blockchain.” The company also has other blockchain-related patents.
The newest patent is said to include trading of both registered and unregistered securities on a blockchain.
Blackstar’s CEO, Joseph E Kurczodyna, issued the following statement:
“This patent gives BlackStar its broadest protection yet and provides broad coverage for the trading of securities of any kind on a blockchain.”