Welcome to the first issue of Hashgard’s new Ask Me Anything (AMA) section!
We will release a new AMA every week or two, answering questions sent in by members of our community. Questions posted across our communities will be gathered here. Hashgard executives and technology specialists will answer the most popular questions. If you’d like to know more about Hashgard, feel free to ask us anything! We look forward to your questions!
1. Cao Jianwei asked: Is there a way to find partners and providers that offer security or legal services for STOs issued through Hashgard?
Hashgard co-founder Huang Yimeng answered:
Through our work in the STO field, we’ve developed the Hashgard Smart Contract Empowerment Platform, which can help a range of different projects issue a one-stop securities certificate (STO).
Our technology has helped users negotiate STO deals in a range of industries, including auto finance, real estate, carbon emissions, big data, corporate bond issuance, and others. At the moment, we are finalizing updates to our TAMT certification standards, which will be released soon. The TAMT standard will further widen Hashgard’s industry reach, supporting STO deals for digital asset funds, exchange ETFs, stable currencies, and other use case scenarios. We are currently conducting business negotiations for pilot projects in these areas.
Hashgard also provides issuers with access to partners for supplementary services, including Bit Law (Legal Compliance), Wheat Wallet (Capital and Wallet Service), Slow Mist Technology (Smart Contract Security), and many others. We are steadily increasing supplementary partners as well, and will be offering additional partnership options and services shortly.
2. Cao Jianwei asked: How do Hashgard projects currently meet existing legal compliance requirements?
Hashgard co-founder Huang Yimeng answered:
STO compliance with the US Securities and Exchange Commission (SEC) mainly consists of two aspects. The first is financing compliance. Currently, STO investors secure SEC compliance via US securities issuance exemption clauses, such as Reg A, Reg D, and Reg S. Participants also need corresponding licenses, such as a broker-dealer license. The second aspect is transaction compliance. The current US Alternative Trading System (ATS) licensed exchange is a common compliant distribution channel.
The Hashgard Technology Empowerment Platform is a blockchain technology solution provider that helps users deploy and manage STO-issued smart contracts and provides docking services to other service providers. The platform itself does not require a license to carry out related business.
3. Chen Zhijian from the Chinese community asked: Hashgard’s STO service package does not appear to include underwriting, is there an investment institution that is responsible for underwriting these deals?
Hashgard co-founder Huang Yimeng answered:
Hashgard is currently in the process of considering underwriting service providers with relevant broker-dealer licenses to help ensure that projects on our platform are contracted for compliance.
Hashgard is a new generation of digital financial public chain led by GF Network’s distributed capital and BKFUND. The Hashgard Technology Empowerment Platform is the first distributed commercial application on the public chain to provide enterprise-level services for a diverse blockchain ecosystem, including but not limited to digital asset management, securities pass services, multi-party collaboration, and intelligence, offering one-stop solutions for contract deployment, community incentive distribution, content media promotion, and legal compliance.