Blockstream, a Blockchain infrastructure launches a Liquid Securities platform for businesses to issue security tokens on the Liquid Network, as reported by Cointelegraph on May 15.
Samson Mow, the Chief Security Officer of Blockstream claimed that for businesses who are willing to issue tokenized securities platforms such as Ethereum isn’t the right choice due to their scalability, privacy and reliability limitations. Blockstream claims that its new platform is more suitable:
“Now, with the launch of Liquid Securities, businesses can quickly issue Liquid-based security tokens with the click of a button,and establish sophisticated rulesets to conform with their regulatory requirements…”
Reportedly, the platform will launch with four partners: investment platform BnkToTheFuture, multi-blockchain issuance platform TokenSoft, United States-based bank Zenus Bank, and game development studio Pixelmatic. As per the announcement, the Liquid Network is a settlement network that will connect cryptocurrency exchanges, market makers, brokers, and other financial institutions.
Blockstream released a new version of its bitcoin (BTC) scalability software, c-lightning that included performance enhancements, bug fixes and augmented privacy in March.
Image source – Blockstream Twitter