BlackStar Secures a Family of Patents to Pave the Way for Blockchain Trading of U.S. Securities
BlackStar Enterprise Group, Inc. (OTC PINK:BEGI) has secured six patents for its revolutionary digital trading platform, covering blockchain trading of U.S. securities, public offerings, and corporate governance. The company's BlackStar Digital Trading Platform™ (BDTP™) aims to enable 24/7 trading of registered common shares on a blockchain, potentially offering public investors advantages similar to those of brokers and professionals.
CEO Joseph E. Kurczodyna believes this technology could provide a closed-end system for U.S. securities trading, funding, and rule-following, compatible with compliant broker-dealers. BlackStar is considering financing options and may pursue a broker-dealer license. The company sees potential in the rapidly growing blockchain technology market, with projections suggesting significant expansion by 2030.
BlackStar Enterprise Group, Inc. (OTC PINK:BEGI) ha ottenuto sei brevetti per la sua piattaforma di trading digitale rivoluzionaria, che copre il trading di titoli statunitensi in blockchain, le offerte pubbliche e la governance aziendale. La BlackStar Digital Trading Platform™ (BDTP™) della società punta a consentire il trading 24 ore su 24, 7 giorni su 7, di azioni comuni registrate su una blockchain, offrendo ai piccoli investitori vantaggi simili a quelli di broker e professionisti.
Il CEO Joseph E. Kurczodyna è convinto che questa tecnologia possa fornire un sistema a chiusura per il trading di titoli U.S., il finanziamento e il rispetto delle regole, compatibile con broker-dealer conformi. BlackStar sta considerando opzioni di finanziamento e potrebbe perseguire una licenza di broker-dealer. L'azienda vede potenziale nel mercato della tecnologia blockchain in rapida crescita, con proiezioni che suggeriscono un'espansione significativa entro il 2030.
BlackStar Enterprise Group, Inc. (OTC PINK:BEGI) ha asegurado seis patentes para su revolucionaria plataforma de comercio digital, que abarca el comercio de valores de EE. UU. en blockchain, ofertas públicas y gobernanza corporativa. La BlackStar Digital Trading Platform™ (BDTP™) de la compañía tiene como objetivo permitir el comercio las 24 horas del día, los 7 días de la semana de acciones comunes registradas en una blockchain, ofreciendo a los inversores públicos ventajas similares a las de los corredores y profesionales.
El CEO Joseph E. Kurczodyna cree que esta tecnología podría proporcionar un sistema cerrado para el comercio, financiamiento y cumplimiento de normas de valores en EE. UU., compatible con corredores-dealers que cumplan con las regulaciones. BlackStar está considerando opciones de financiación y puede buscar una licencia de corredor-dealer. La compañía ve potencial en el mercado de tecnología blockchain en rápido crecimiento, con proyecciones que sugieren una expansión significativa para 2030.
BlackStar Enterprise Group, Inc. (OTC PINK:BEGI)는 블록체인 거래, 미국 증권, 공모 및 기업 지배 구조에 대한 혁신적인 디지털 거래 플랫폼을 위해 여섯 개의 특허를 확보했습니다. 회사의 BlackStar Digital Trading Platform™ (BDTP™)은 블록체인에서 등록된 보통주를 24시간, 주 7일 거래할 수 있도록 하여 개인 투자자에게 중개인 및 전문가와 유사한 이점을 제공하는 것을 목표로 하고 있습니다.
CEO Joseph E. Kurczodyna는 이 기술이 미국 증권 거래, 자금 조달 및 규정 준수를 위한 폐쇄형 시스템을 제공할 수 있다고 믿고 있으며, 규제를 준수하는 중개업체와 호환됩니다. BlackStar는 자금 조달 옵션을 고려하고 있으며 중개업체 라이센스를 추구할 수 있습니다. 회사는 급격히 성장하는 블록체인 기술 시장에서 잠재력을 보고 있으며, 2030년까지 상당한 확장이 있을 것으로 예상하고 있습니다.
BlackStar Enterprise Group, Inc. (OTC PINK:BEGI) a obtenu six brevets pour sa plateforme de trading numérique révolutionnaire, couvrant le trading de titres américains sur blockchain, les offres publiques et la gouvernance d'entreprise. La BlackStar Digital Trading Platform™ (BDTP™) de l'entreprise vise à permettre le trading 24 heures sur 24, 7 jours sur 7 d'actions ordinaires enregistrées sur une blockchain, offrant potentiellement aux investisseurs publics des avantages similaires à ceux des courtiers et des professionnels.
Le PDG Joseph E. Kurczodyna pense que cette technologie pourrait fournir un système fermé pour le trading de valeurs mobilières américaines, le financement et le respect des règles, compatible avec des courtiers-concessionnaires conformes. BlackStar envisage des options de financement et pourrait rechercher une licence de courtier-concessionnaire. L'entreprise voit un potentiel dans le marché de la technologie blockchain en forte croissance, avec des prévisions suggérant une expansion significative d'ici 2030.
Die BlackStar Enterprise Group, Inc. (OTC PINK:BEGI) hat sechs Patente für ihre revolutionäre digitale Handelsplattform gesichert, die den Blockchain-Handel von US-Wertpapieren, öffentlichen Angeboten und Unternehmensführung abdeckt. Die BlackStar Digital Trading Platform™ (BDTP™) des Unternehmens zielt darauf ab, den 24/7-Handel mit registrierten Stammaktien auf einer Blockchain zu ermöglichen, was den öffentlichen Investoren Vorteile ähnlich denjenigen von Brokern und Fachleuten bieten könnte.
CEO Joseph E. Kurczodyna ist der Überzeugung, dass diese Technologie ein geschlossenes System für den Handel mit US-Wertpapieren, Finanzierung und Regelkonformität bereitstellen könnte, das mit konformen Broker-Dealern kompatibel ist. BlackStar erwägt Finanzierungsoptionen und könnte eine Broker-Dealer-Lizenz anstreben. Das Unternehmen sieht Potenzial im schnell wachsenden Markt für Blockchain-Technologie, wobei Prognosen auf eine erhebliche Expansion bis 2030 hindeuten.
- Secured six patents for blockchain-based securities trading technology
- Developed BlackStar Digital Trading Platform™ (BDTP™) for 24/7 trading of registered common shares
- Potential to offer public investors advantages similar to brokers and professionals
- Technology compatible with compliant broker-dealers and SEC regulations
- Positioned to capitalize on projected growth in blockchain technology market
- No secured financing from third parties
- Considering debt purchase or other means to raise funds for continued operations
- Has not yet secured a broker-dealer to participate in its digital blockchain platform
- May need to pursue broker-dealer license application
BOULDER, CO / ACCESSWIRE / August 13, 2024 / BlackStar Enterprise Group, Inc. ("BlackStar") (OTC PINK:BEGI) BlackStar received one (1) patent in 2023 for its revolutionary digital trading platform (US Pat. Number 11854080).
In 2024, BlackStar has received five patents/ notice of allowances for patents that will soon issue from the United States Patent and Trademark Office (USPTO): (1) US Pat. Number 11966974; (2) US Pat. Pub. 18/497562; (3) US Pat. Pub. 18/497612; (4) US Pat. Pub. 18/415938 and (5) US Pat. Pub 17/457153. The technology claimed in these patents covers the digital trading of equities on a blockchain, public offerings/ IPO funding, and corporate governance.
BlackStar believes this technology is essential to bringing digital securities trading on a blockchain of registered assets. This technology also utilizes BlackStar's groundbreaking software, the BlackStar Digital Trading PlatformTM ("BDTPTM"), a trading platform for electronic fungible shares in book-entry and compliant at any U.S. brokerage firm.
When asked for comment, BlackStar's CEO, Joseph E. Kurczodyna, stated that "this past Monday morning, the Dow Jones Industrial Average fell more than 1,000 points, and world markets and U.S. equity investors were blind-sided with no hedge or exit. Traditional markets are limited to human oversight and business hours. Conversely, blockchain markets can operate 24/7; they are self-sufficient and driven by smart contracts." Kurczodyna stated, "Our blockchain technology gives the public the same advantage that brokers, traders and professionals enjoy."
BlackStar believes that if U.S. securities trading, funding, and rule-following were powered by blockchain technology, the public would enjoy a closed-end system that drops into compliant broker-dealers ("BDs") and affords the public the rules, regulations, and protection of their assets that SEC-registered BDs are licensed to offer without special purpose designation. BlackStar's trading, funding, and corporate governance technology claimed in these patents covers what BlackStar believes are the essential three elements when applied to the traditional broker-dealer business.
In 2017, BlackStar noticed that 24/7 trading was a reality in crypto markets. In 2018, after investigating what a model would look like for registered securities trading, BlackStar created a centralized blockchain that could trade registered common shares, not tokens, for the 30,000 publicly trading companies already registered and vetted. BlackStar has disclosed its intentions to trade its shares digitally with the SEC and will seek final approval when connected to a BD.
In its filings with the SEC, BlackStar stated that if it could not secure a BD to participate in its digital blockchain platform, it would pursue an application to register as a BD. BlackStar has not yet made the decision as to whether to pursue a BD license.
BlackStar has not secured financing from a third-party. BlackStar is contemplating financing through a debt purchase or other means to raise funds for continued operations. BlackStar may also pursue a third-party valuation of its current Intellectual Property portfolio, including its blockchain patents and pending patents.
Blockchain trading platforms have reached a new level of confidence with the approval of the Spot Bitcoin Exchange Traded Fund (ETF). Real digital currencies that are assets or registered securities trading on a blockchain through common stock, indexes, or exchange funds may be compatible with BlackStar's patents.
Blockchain is a distributed, usually decentralized, digital ledger technology secured by cryptography that was first developed to enable Bitcoin, the original cryptocurrency. The technology is most associated with cryptocurrencies; alternatively, BlackStar has built our BDTPTM to leverage blockchain technology for securities trading. The blockchain technology market may be in a high growth stage. Market intelligence company Fortune Business Insights projects growth in the blockchain technology market from
To that end, Mr. Kurczodyna, stated, "With the introduction of ETFs securitizing the spot market of original cryptocurrencies like Bitcoin and the introduction of public companies trading their common shares on a blockchain, the growth numbers for registered securities on blockchain is estimated to be 10x once fully introduced to the U.S. Securities Markets."
Other Info: BlackStar Enterprise Group, Inc. (OTC: BEGI)
WEBSITE: blackstareg.com
EMAIL: info@blackstareg.com
CONTACT
Bryan P Hemphill….559-359-1480
http://www.blackstareg.com/investor-relations/
More information can be found in the Company's recent filings at the SEC website: https://www.sec.gov/cgi-bin/browse-edgar?company=BlackStar+Enterprise&match=&filenum=&State=&Country=&SIC=&myowner=exclude&action=getcompany.
SEC Disclaimer
This press release is neither an offer to sell nor a solicitation of an offer to buy any securities in the United States or elsewhere. This press release may contain forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to
identify "forward-looking statements." Actual results could differ materially from those projected in BlackStar's ("the Company's") business plan. The creation of subsidiaries and expansion of services into new sectors should not be construed as an indication in any way whatsoever of the future value of the Company's common stock or its present or future financial condition. The Company's filings may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events, or circumstances after the date of such statement.
SOURCE: BlackStar Enterprise Group, Inc.
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