15 December 2017
visit www.solutions.lexisnexis.com

British think-tank preps ICO

07 September 2017  |  3878 views  |  0 Source: Centre for Citizenship, Enterprise and Governance

The recent and increasingly severe government crackdowns on Initial Coin Offerings are causing shockwaves throughout cryptocurrency markets.

This underscores the desperate need for trustworthy platforms in the face of increasing global regulation: enter the Seratio Platform ICO and Seratio Token (SER). Developed by the world’s leading think-tank on the movement of value, CCEG, this is the first ever ICO in the UK regulatory framework.

The Centre for Citizenship, Enterprise and Governance (CCEG) is a British think-tank and not-forprofit university spin-out, establishing the Seratio Platform with the support of the UN Blockchain Lab. As a UK-registered company already operating in a highly regulated environment, CCEG is strongly committed to compliance with all regulatory requirements.

Seratio Token is supported by the major Bitcoin miner and prolific investor Chandler Guo, as well as a host of cryptocurrency regulatory, security and legal experts, and CCEG’s more than 60,000 members and 7000 Heads of Corporate Social Responsibility. Uniquely, the extensive research and academic networks across Europe, Asia and the Americas add further weight and intellectual backing to this ICO.

Since 2011 CCEG’s financial and non-financial metrics measuring Total Value of transactions have underpinned global legislation and been internationally recognised as a standard. The trend of flyby- night ICO schemes has eroded the trust of both investors and authorities and this is where the not-for-profit CCEG meets the needs of the market as a legally compliant cryptocurrency platform.

CCEG has created a vision for a Circular Economy of Currencies based on Values, simultaneously capturing both financial and non-financial value in any transaction. This is the first time Total Value will be recorded and transacted on a blockchain with mass adoption. The distinctive feature of the Seratio Token is the ability to capture the financial assets, microshares and provenance of transactions involving people, products, processes, projects and organisations.

The Seratio Token is also the first issue of a resilient Ethereum token under UK regulatory frameworks. Ethereum has the best-developed infrastructure and is well adopted within the cryptocurrency community - CCEG believes the use of ETH and ETC will trigger wider and easier adoption of the platform to aid and accelerate the growth of Cryptocurrencies with Values.

The Seratio Enterprise Blockchain Platform is an all-in-one blockchain environment with three key distinguishing themes:
 Cryptocurrency (financial assets) linked to intangible value and sets of values
 Tokenised Currency (non-financial assets) linked to intangible value and sets of values
 Provenance (financial and non-financial assets) via traceability, recording and tracking

This allows users to track the value and impact they make, and most importantly profit from it in many different ways. The platform allows entities (whether individuals, companies, organisations, institutions, etc.) to earn, transact, spend, trade and monitor their digital assets. This ability to transact value has been rigorously tested over the past three years in the private, public and academic sectors.

The SER will function as a parent currency for the growing Seratio Community, with coins reliant on the Seratio platform reflecting the worth of specific values to specific people, including coins and tokens that promote the United Nation’s Sustainable Development Goals. Among 35+ existing commissions, there is a pipeline of signed commissions of future Alt-Coins scheduled for release in 2018, such as the Women’s Coin, City Coin, Faith Coin, Edu Coin, and Leadership Coin. The release of Seratio Alt-Coins will accelerate adoption of the SER token, resulting in a large, expanding Community where Seratio token value will continue to grow.

Seratio Platform ICO Key Facts:

 The Pre-ICO begins 15th September 2017 with a range of discounts starting as high as 50%
 The ICO begins 1st October and ends 31st October 2017
 Currencies accepted include four cryptocurrencies like Bitcoin (BTC, ETH, ETC, LTC) and all fiat currencies (UK£, US$, EU€, etc.). Standard KYC (know-your-customer) and AML (antimoney- laundering) safeguards are implemented 

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.thomsonreuters.infovisit www.response.ncr.com

Top topics

Most viewed Most shared
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
10451 views comments | 17 tweets | 25 linkedin
satelliteRipple completes XRP Lockup
9817 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9209 views comments | 17 tweets | 36 linkedin
Brits flock to digital-only banksBrits flock to digital-only banks
7345 views 11 comments | 11 tweets | 15 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
6687 views comments | 19 tweets | 20 linkedin

Featured job

Find your next job