The launch of IDAXC in "Blockchain Central" - a blockchain thematic repository established in Davos by the Global Blockchain Business Council, GBBC.org - marked a clear point of demarcation between the emerging market of 'asset-backed' cryptocurrencies ("Blockchain 3.0 ") And the old cryptocurrencies, not anchored and without asset backup. Established as a non-profit organization, IDAXC is mandated to promote adoption in the industry, create asset tokenization standards and the best regulatory practice in both asset digitization and global asset exchange.
The founders believe that 2018 marks the beginning of an important phase of maturation in the intoxicating and often volatile cryptocurrency market. If successful, IDAXC will empower owners of any type of real asset to quickly 'tokenize' and then mortgage or trade that asset, while complying with all regional regulations, including the KYC and AML standards.
The founding president of IDAXC is the renowned figure of Fintech in the United Kingdom Eric Van der Kleij, creator of the London hub Level39 Fintech and former general manager of the Tech City initiative of the United States government. Eric was also one of the initiators behind the creation of the Fintech trade entity of the United Kingdom Innovate Finance, so it is not foreign to both, support Fintech's innovation and feed the policies. His company, Center for Digital Revolution (C4DR.com), is active in the Fintech and Blockchain projects in the United Kingdom and Switzerland; and will become a founding member of IDAXC, along with a number of stakeholders, such as ACChain of China, and Courage Investment Group Ltd. (HK1145) based in Hong Kong and Ink Blockchain Co. Ltd.
Eric Van der Kleij pointed out:
"Today we share the objectives and ambitions of IDAXC, and we also request feedback from a small group of stakeholders representing startups, banks, academic institutions and some of the most experienced people working in the emerging field of digitization of real assets. The growth of ordinary cryptocurrencies is certainly huge, with a combined market limit of $ 500 billion (Coinmarketcap) in an industry that simply was not there a few years ago. However, when you take the power of the cryptocurrencies built on the decentralized Blockchain and endorse them with the true Digitization of Real Assets delivered through shared standards established by a global community of members, the potential is much greater. We believe that this final stage of the Blockchain revolution - currencies anchored in real assets - will finally activate the actors and regulators of established financial services to support and even participate in the cryptocurrency market. "
ABOUT IDAXC
Mission: IDAXC is the international non-profit industrial organization that is established to promote the best common practices in the digitization of real assets and exchanges of related tokens.
Policy: IDAXC works with all ecosystem participants to create voluntary standards that represent best practices related to the issuance, trade and exchange of real digital assets.
Education: IDAXC offers members training in a wide variety of disciplines within the digital asset community, including AML, KYC, token issuance and asset tokenization.
Advocacy: IDAXC works with all members of financial services, regulators and the digital asset community around the world to promote the implementation of best practices and the establishment of standards, driving the adoption of digital assets in the mainstream economy.
ABOUT INK BLOCKCHAIN
Ink Blockchain is a pioneer of the Fintech and Blockchain services based in Hong Kong.
ABOUT C4DR: C4DR is a new international 'center of vision and digital casting', based in London, which harnesses the key technologies of the modern industrial revolution, as an opportunity for business and a force for the good of society.
ABOUT ACCHAIN: ACCoin, the root currency of the ACChain Intelligent Digital Asset Conversion Ecosystem, is rapidly gaining a reputation as the Swiss Army Knife of the altcoins. It is, simultaneously, the "spark" or activation currency that grants access to the ACChain Digiverse; and it constitutes one of the three legs (along with Bitcoin and Ether) of the "digital basket of currencies" that forms the supranational A-SDR.