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edeXa offers innovative Security Token

01-03-2019 11:06 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: edeXa AG

The newly founded company edeXa AG (Vaduz) automates supply chain processes that are handled transparently and securely via blockchain.edeXa is a subsidiary of the successful high-tech company io-market AG. Shares in this business model of the future can now be acquired in a unique security token sale.

io-market AG, headquartered in Vaduz, has established itself as a leading company in the field of supply chain management. For example, international corporations send their invoices, delivery notes and accompanying information or messages to customers scattered around the world via their network. io-market and edeXa cooperate with the best educational institutions and universities to continue leading the development of the business blockchain.

The Business Blockchain: Transparent, secure and fast

Now io-market goes one step further and links its software solutions with blockchain technology. For this new line of business, io-market founded the company edeXa AG, which will be one of the first companies worldwide to offer its thousands of existing customers the concrete processing of real transactions on the Blockchain. The Blockchain technology enables electronic invoices to be stored in a forgery-proof manner because manipulations of documents are immediately detected and prevented by dozens of decentralized servers. This high level of security without central intermediaries is one of the special advantages of modern blockchain technology.

Documents, from invoices to shipping papers, no longer have to be printed when using the blockchain but are exchanged electronically between companies and the government. This model has several advantages: It enables an increase in efficiency and thus leads to considerable cost savings. Moreover, the transition to electronic exchange is more environmentally friendly than the use of paper.

In future, orders, invoices, and all accompanying messages can be exchanged efficiently via the edeXa network. The blockchain makes it possible that no external service provider has to monitor these processes anymore, but the network relies on built-in, decentralized security mechanisms. Subsequent intervention in the documents is therefore technically no longer possible. External software manufacturers and service providers can also integrate their services on the edeXa blockchain and offer them to customers.

Security Token Sale

In order to be able to finance this technological leap onto the blockchain, io-market has decided to sell its shares via the new, advanced Security Token Sales (STO) method. In contrast to a large number of ICOs already on the market, io-market does not issue the utility tokens normally used, but secure security tokens. This is a tokenized form of the shares of edeXa AG that are actually deposited, i.e. converted into tokens. The "tokenisation" of the shares later facilitates liquid trading and at the same time dispenses with the comparatively expensive traditional stock exchanges.

With the older utility tokens, on the other hand, the investor would not participate in the issuing company but only invests in a possible service. With the security token from edeXa AG, however, the investor becomes a real shareholder of a technology leader and can participate in the success: Both in dividend payments and price increases as well as in a successful sale of the company.

The right place to be: Liechtenstein

io-market AG and edeXa AG are proud to be able to win a long-established Liechtenstein bank to accompany the Security Token Sale.

The cooperation between the two high-tech companies io-market and edeXa is a logical step for Liechtenstein in the application of Blockchain technology, which recently won the "Blockchain Ecosystem of the Year" award at the Crypto Challenge Forum in London.

edeXa AG plans to carry out the token sale in two phases, whereby in this first phase 20 million tokens worth 5 million euros will be sold. For a second phase, the release of further tokens is planned. This division is necessary because the sale of securities below the limit of EUR 5 million in the European Economic Area (EEA) does not fall under the Securities Prospectus Act. With a capital of EUR 5 million, edeXa AG can expand its operations and establish further business relationships. In addition, the necessary personnel reinforcements can be made in the areas of technology, management, marketing and sales.

A detailed prospectus is planned for the second phase. For trading in the secondary market, the token must be listed on a stock exchange, similar to a share. Corresponding trading centres are currently being set up worldwide: In Liechtenstein, too, efforts are being made by various companies to set up a crypto exchange.

edeXa is a high-tech company offering enterprise solutions at the blockchain. Together with universities and renowned partner companies, we develop innovative solutions and services on the Business Blockchain of edeXa.

edeXa is a young start-up with experienced employees and an international footprint. edeXa AG is a spin-off of the successful io-market AG from Liechtenstein. The young company is focused on radically rethinking existing supply chain processes and delivering new solutions based on the blockchain.

Contact:
Tim Stockschläger

edeXa AG
Kanalstrasse 32
9490 Vaduz
Liechtenstein

https://www.edexa.io
media(at)edexa.io
+423 238 10 00

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