KoreID Tackles Investor Fatigue by Making Forms Easy

New feature by KoreConX All-In-One Platform securely allows investors and shareholders to use the same credentials they have already entered through a compliant, permissioned-based blockchain. With KoreID, all information is provided as needed and only as authorized by the individual.

Investing online would be convenient if you didn’t have to fill out form after form with the same information every time. This is what KoreConX addresses as investor fatigue: it can be an issue to have all documents in hand, and retyping all information multiplies the risk of typos. The tedium and frustration often makes the individual give up in the middle of the process. For that reason, KoreConX is launching the KoreID on Sept. 21.

To be eligible to use KoreID, companies must show their SEC filings; broker-dealers, their CRD registration; banks and funding portals must be in good standing with FINRA. This allows the whole process to be seamless and compliant.

KoreConX provides the login interface embedded into the web pages that use the All-In-One Platform. When a user logs into any of these regulated portals, they’re actually creating for themselves a KoreID that is kept secure in KoreConX’s KoreChain, a permission-based blockchain.

Dr. Kiran Garimella, CTO of KoreConX All-In-One Platform, is proud of what the company has accomplished: “We have eliminated the time wasted filling and re-filling forms, and reduced the risk of typos. Investors can simply recall their already certified information with a single click.” The best part is there are no additional fees to use it.

How it works – wherever an individual sees the KoreID icon within the compliant KoreConX ecosystem – a company website, an SEC-Registered funding platform, a broker-dealer website, a bank – the regulated investment forms can be filled in almost instantaneously. All the information is only provided as needed and as authorized by the individual. Even though the investors may not recognize the icon at first, they will enter their email address. The regulated platform will automatically detect that the individual already has a KoreID. As soon as the email address is entered, it will automatically prompt them to log in using the KoreID. Then, they can enter their password and answer a security question to be logged in.

About KoreConX

Founded in 2016, KoreConX offers the first secure, All-In-One platform that manages private companies’ capital market activity and stakeholder communications. With an innovative approach to ensure compliance with securities regulations and corporate law, KoreConX offers a single environment to connect companies, capital markets and secondary markets. Investors, broker-dealers, law firms, accountants and investor acquisition firms, all leverage our ecosystem solution. For investor relations and fundraising, the platform enables private companies to share and manage corporate records and investments: it assists with portfolio management, capitalization table and shareholder management, virtual minute book, security registration, transfer agent services, and virtual dealrooms for raising capital. 

###

Media Contacts:
KoreConX
Rafael Gonçalves
rafael@koreconx.com

KoreConX co-founder releases Digital Securities 101 – Global 2020 Edition Book #30 April 2020

Digital Securities are going to transform the capital markets

[New York, NY – 29 April 2020 ] – KoreConX pleased to announce the book release “Digital Securities 101 – Global 2020 Edition.”

“Digital Securities 101” is a how-to book for anyone who wants to understand the transformation that is happening in the capital markets with the introduction of blockchain. The book provides an overview of why Digital Securities are game-changing and what one needs to understand and prepare.  It provides a clear insight into all the components of the private capital markets and how this entire ecosystem operates from start to finish regardless if they are using RegD or RegA+ exemptions alike.

“Companies seeking to raise capital will surely appreciate how Oscar connects the dots between all the professionals that are necessary for a successful raise. The checklists for conducting due diligence on the various participants sold me!” Fred Pye, CEO, 3IQ

“Digital Securities 101” is written by Oscar A. Jofre, cofounder KoreConX, collaborating with the company’s entire global ecosystem of KorePartners.  Oscar’s first book, Equity Crowdfunding 101, released in 2015, was downloaded over 30 million times and is available in English, Spanish, and Mandarin.

“As a co-founder of a leading digital securities investment platform in Asia, I share Oscar’s passion for educating the market about the need for treating digital securities in a responsible and compliant way. This book is a first in laying out the requirements for digital securities that focus on investor safety and issuer compliance.” Julian Kwan CEO Investacrowd Real Estate online platform

The book is for investors, shareholders, entrepreneurs, executives, board directors, broker-dealers, regulators, transfer agents, and secondary market providers. The book provides step-by-step guides for everyone involved in the private capital markets on what is needed for safe and responsible issuance and management of Digital Securities. More importantly, the book is designed to foster an understanding of the regulations for success issuance.

“In the fast-evolving world of digital securities, there is a need for background and context, especially on a cross-border level. Anyone involved in the digital securities world should read this to get that context.” Sara Hanks, Co-Founder & CEO, Crowdcheck

“I’ve been very privileged to serve as the editor of this landmark book, working with the thought-leaders and highly experienced professionals in the global private markets,” said Dr Kiran Garimella, Chief Scientist at KoreConX. “Their generous collaboration, guidance, and expertise shaped the book and will continue to help make the Digital Securities way of doing business safe, secure, and fully compliant.”

Covid19 has put our global economy on hold for many. However, capital raising activities and Digital Securities are moving forward without a pause. “Now that we are seeing the effects of Covid19, we truly understand why it’s so important for everyone involved to realize that Digital Securities are no longer an option but a must-have in order to revive the economy,” said Oscar Jofre, Co-Founder & CEO at KoreConX. “This book is more relevant now than ever with the economic crisis we are in, as we all now see the inefficiencies that we have described for years. I trust that the lessons of this book will help the small-to-medium companies not only survive this short term disruption but also spring back to lead the full economic reset and recovery.”

Click here to get Digital Securities 101 book.

https://www.koreconx.io/BookDS101/

 

About KoreConX

KoreConX is the world’s first highly-secure permissioned blockchain ecosystem for fully-compliant digital securities worldwide.

To ensure compliance with securities regulation and corporate law, the KoreConX all-in-one, AI-based blockchain platform manages the full lifecycle of digital securities including the issuance, trading, clearing, settlement, management, reporting, corporate actions, and custodianship. KoreConX connects companies to the capital markets and secondary markets facilitating access to capital and liquidity for private investors.

KoreConX is the first secure, all-in-one platform for private companies to manage their capital market activity and stakeholder communications. Removing the burden of fragmented systems and inefficient tools across multiple vendors, KoreConX offers a single environment to connect companies, investors and broker/dealers. Leveraged for investor relations and fundraising, private companies can share and manage corporate records and investments including portfolio management, capitalization table management, virtual minute book, security registers, transfer agent services and virtual deal rooms for raising capital.  www.KoreConX.io

###

$250 Million Digital Securities Offering for the Mining Sector with KoreConX #14 May 2019

PCFCapital, a global leader in the mining sector, selects KoreConX

[New York, NY – 14 May 2019] – PCF Capital Group, a leading capital advisory firm in the mining sector launching a $250 million dollar Digital Securities Offering has chosen the KoreConX multi-jurisdictional protocol, KoreProtocol, for their Offering.

This is the world’s largest capital raise for the mining sector utilizing Digital Securities. The total raise is $250 Million Digital Securities Offering which will be open to accredited investors, institutional investors and family offices in the USA, Cayman Islands, Australia, Canada, UK, UAE, Singapore, and Hong Kong. The KoreProtocol will allow PCF Capital to maintain compliance across all jurisdictions and investors.

KoreConX will provide the all-in-one platform as well, it will connect PCF Capital with its KorePartner ecosystem that is global to allow PCF Capital to instantly start marketing its offering in multiple jurisdictions with regulated partners. KoreConX ecosystem consists of Broker-Dealers, secondary markets platforms, Investors Relations, marketing, media and securities lawyers in multiple jurisdictions.

The KoreConX all-in-one platform provides PCF Capital peace of mind. The platform allows PCF Capital to create, design, test their Digital Securities and manage all their new shareholders by utilizing the captable, investor relations features. For the PCF Capital shareholders, there are no wallets that will put them at risk, since KoreConX all-in-one platform provides them a portfolio management feature

“We are a global company that requires a global solution. We selected KoreConX because it will allow us to remain compliant with regulations not only in the USA and Australia but in multiple other jurisdictions around the world,” said Liam Twigger, CEO of PCF Capital. “This is a very important step in the history of PCF and we want to make sure our investors are protected and have a platform to be able to manage the entire lifecycle of the digital securities. That’s why we are using the best possible tools for the job.”

PCF Capital Group was founded in 1999 in Perth, Australia, with a focus on serving clients in the mining and resource sector. The company has now offices in seven countries in five continents and has executed over 120 mine divestment and project financing mandates for over $2 Billion. Their clients represent a broad range of mining companies including exploration focused juniors, growth-oriented mid-tiers, and globally diversified mining majors.

“We are disruptors and what better way to do that than work with one of the world’s oldest sectors adopting Digital Securities for their offering. PCF Capital’s global reputation in the mining sector made the decision easy for us to bring them on as clients to our platform,” said Oscar Jofre, Co-Founder and CEO at KoreConX. “Now is the time for the traditional investor to understand the value and trust of digital securities. Having a global offering of this magnitude heavily investing in a Digital Securities Offering is great for the industry as a whole. Many more will follow once the infrastructure is in place for it, and this is what we are doing with the KoreProtocol.”

About KoreConX

KoreConX is the world’s first highly-secure permissioned blockchain ecosystem for fully-compliant digital securities worldwide.

To ensure compliance with securities regulation and corporate law, the KoreConX all-in-one, AI-based blockchain platform manages the full lifecycle of digital securities including the issuance, trading, clearing, settlement, management, reporting, corporate actions, and custodianship. KoreConX connects companies to the capital markets and secondary markets facilitating access to capital and liquidity for private investors.

KoreConX is the first secure, all-in-one platform for private companies to manage their capital market activity and stakeholder communications. Removing the burden of fragmented systems and inefficient tools across multiple vendors, KoreConX offers a single environment to connect companies, investors and broker/dealers. Leveraged for investor relations and fundraising, private companies can share and manage corporate records and investments including portfolio management, capitalization table management, virtual minute book, security registers, transfer agent services and virtual deal rooms for raising capital. www.koreconx.com

About PCF Capital Group

PCF Capital Group is an independent, corporate advisory firm focused on serving clients in the resource sector.

PCF Capital Group was founded in 1999 in Perth, Western Australia, and their team has executed over 120 mine divestment and project financing mandates for over $2.0B. The team at PCF Capital Group has an international presence and an extensive corporate network.

The company offers a range of corporate advisory services to the mining and resource sector. These include providing strategic corporate advice, conducting asset divestment processes and assisting in raising debt facilities.

###

Webinar Brings together top Reg A+ Lawyer and Issuance Platform on April 30th #24 April 2019

Sara Hanks and Darren Marble will discuss Regulation A+ Capital Raising in the USA

[New York, NY – April 24, 2019] – Aiming to clarify much of the confusion surrounding the Digital Securities industry and the legislation surrounding it, KoreConX presents the webinar “Regulation A (Reg A+) for Issuers: Due Diligence, Disclosure and Compliance Meeting the Requirements of Securities Law”.

Addressing the frequently ask questions; who qualifies to raise capital under the Reg A+, what are the benefits of the regulation, and what are the potential downfalls. Everything lawyers, CEOs and CFOs need to know before, during and after filing for Reg A+ in the United States.

To tackle such a complicated topic, KoreConX brings two experts: Sara Hanks, a top attorney with over 30 years experience in the corporate and securities field and Co-Founder and CEO at CrowdCheck, and Darren Marble, Co-Founder and CEO at Issuance.

“I’m really excited to be part of this initiative. After the approval of the JOBS Act in 2012, we’ve come a long way, but there’s still a great deal of confusion when dealing with Reg A,” says Sara Hanks. “And this legislation is such an opportunity for small and medium enterprises, that it’s crucial for companies to understand it.”

“I’ve had the pleasure to be part of the last webinar and it was such a great experience. We had a positive response from the audience and I’m eager to know what questions the public has in mind for such a complex topic,” said Darren Marble. “This is a great way not only to pass along our knowledge but also to understand what are the main concerns the public have regarding Reg A+.”

The webinar will be held on Tuesday, April 30th, at 11 am EST.

To register for the event, click here: Registration

About KoreConX

KoreConX is the world’s first highly-secure permissioned blockchain ecosystem for fully-compliant digital securities worldwide.

To ensure compliance with securities regulation and corporate law, the KoreConX all-in-one, AI-based blockchain platform manages the full lifecycle of digital securities including the issuance, trading, clearing, settlement, management, reporting, corporate actions, and custodianship. KoreConX connects companies to the capital markets and secondary markets facilitating access to capital and liquidity for private investors.

KoreConX is the first secure, all-in-one platform for private companies to manage their capital market activity and stakeholder communications. Removing the burden of fragmented systems and inefficient tools across multiple vendors, KoreConX offers a single environment to connect companies, investors and broker/dealers. Leveraged for investor relations and fundraising, private companies can share and manage corporate records and investments including portfolio management, capitalization table management, virtual minute book, security registers, transfer agent services and virtual deal rooms for raising capital.

www.KoreConX.io

###