Etherparty Smart Contracts Inc. (Etherparty), a Canada-based blockchain technology company, has announced a strategic business collaboration with Capiche Capital Technologies Corporation. Also known as Capiche, Capiche Capital Technological Corporation is a web-based capital-raising site that engages tech teams to meet regulatory compliance. The two companies will work hand-in-hand to ensure securities that Etherparty issues through its platform meet regulatory compliance. Of course, Etherparty will issue these securities through its Rocket platform.
Meet Rocket
Regarding the Rocket platform, it is Etherparty’s first official software product. Today, Rocket is reputed as the most user-friendly token crowdsale creator in the cryptocurrency market. On Rocket, users can launch and track various blockchain-based projects without the development team assistance. Also, Rocket plans to launch the next phase of its project, which is an end-to-end solution designed for deploying security tokens.
Work on Comet, Rocket’s version 2.0, has reached an advanced stage. And the developers promise that it would be the most advanced STO (security token offering) creator in the market. Ultimately, the aim of developing Comet is to integrate it with Capiche. In the end, the integration would achieve a platform that makes the distribution of security tokens better, safer and cost-effective.
Capiche Capital Technological Corporation
Essentially, the platform streamlines and automates capital raising process. In addition, it ensures that securities comply with applicable securities laws. Before launching a project, it automatically generates the necessary documentation. To ensure that users find it legible-friendly, Capiche coordinates interaction and guides users to navigate through the project. By teaming up with Etherparty, Capiche will take its services to the security token market.
Officials Explain More
Kevin Hobbs, CEO of Vanbex Group, Etherparty’s parent company, indeed sheds light on the strategic partnership. On the whole, CEO Hobbs noted that it is heartwarming to have a partner like Capiche. Explaining further, the chief executive reiterated what the platform brings to the table. Hobbs pointed out that the partner would help them transition traditional security setup to auditable, secure and blockchain-based model.
Background Information
Etherparty is a blockchain-enabled platform that builds easy-to-use and intuitive smart contract solutions, thus achieving an inclusive and connected world. Rocket, which is Etherparty’s fundraising application, is the first product in a series of planned products from the Vancouver, B.C.-based company.
In a similar vein, Capiche is a leading name in fintech and legal tech solutions. This tech-based legal company ensures that it facilitates access to capital and investment opportunities for its clients. While at it, Capiche delivers cost-effectiveness and efficiency. In addition, the company ensures that these clients work in line with the necessary regulatory compliance. In a world where regulations and capital markets are continuously evolving, Capiche is at the forefront of innovative, relevant and applicable solutions.
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