• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews
Bitcoinist.com
No Result
View All Result
Raistone
Nexo

Raistone Reinventing Escrow With New System

Bitcoinist by Bitcoinist
6 years ago
in Blockchain, Companies, News, News teaser, Press releases
0
Advertisement

Los Angeles, CA — Revolutionary blockchain-related technology created by Raistone Inc. is set to launch a finalized proof-of-concept this summer, the success of which could change the way digital trading and transactional systems are designed and deployed.

Disclaimer: This is a press release. Bitcoinist is not responsible for this firm’s products and/or services.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

RaistoneFinancial technology startup Raistone is preparing to bring to market a fully-functional blockchain-based digital asset transfer and distributed escrow system, according to co-founder and CEO Greta Geankoplis.

“We will be looking to engage businesses this summer, with options to tailor our product for commercial enterprises’ specific use cases by the end of this year,” said Geankoplis.

Raistone’s system will enable banks, exchanges and other financial service businesses to fully control digital transactions or security trades with the key caveat being a central custodian is not required to hold digital assets as would be typical under current infrastructure.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

“We eliminate the need for centralized digital asset custody,” said Geankoplis. “We are an enabling technology. Our system will significantly reduce the risk for third parties operating on public blockchains, digital exchanges like itBit and BitFinex, for example, and those that will operate on private blockchains, such as global banks Banco Santander, Deutsche Bank and Bank of America.”

The proprietary system will enable digital asset custody to remain distributed on blockchain systems, while allowing operations to adhere to Know Your Customer/Bank Secrecy Act/Anti-Money Laundering (KYC/BSA/AML) compliance programs, all while securing assets on those systems to move safely peer-to-peer.

What is the best crypto casino in July 2022? Read our comprehensive comparison! We made deposits, played and reviewed 80+ crypto casinos to choose the best one.

Furthermore, Raistone’s system is digital asset and platform agnostic, meaning it will accommodate all digitized currencies, tokens, securities, bonds and other blockchain digital assets, regardless of blockchain-type, and regardless if the distributed ledger system is public or private.

As part of the Patent Cooperation application process, a qualified agency recently conducted a rigorous review and discovery process of Raistone’s patent application, which included searches of national and international patent authorities.

Geankoplis and her team received a “Positive International Search and Opinion” report and Raistone’s technology was confirmed suitable for its international patent (PCT) application status.

Raistone was also one of only 10 finalists selected from more than 1,000 U.S. and international applicants to present at the DEMOvation Challenge at Bank Innovation 2016 held in Seattle, Feb. 29 – Mar. 1.

Raistone’s system won the audience vote for top blockchain technology, finishing second overall in the competition.

About Raistone

Raistone Inc. is a Los Angeles-based financial technology startup offering white-label software that will work as a plug-in or API to enterprise systems. The system is platform and digital asset agnostic meaning digitized currencies, tokens, securities, bonds and other blockchain digital assets, regardless of blockchain-type, can be accommodated. Visit www.raistone.net for more information.

Additional Links

  • Raistone’s Patent Application to the U.S. Patent and Trademark Office
  • Whitepaper on Raistone’s System

Press Contact

Name: Kevin Hobbs
Ph: (604) 379-9032
Email:[email protected]

Website: www.raistone.net

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Bitcoinist

Bitcoinist

Bitcoinist is the ultimate news and review site for the crypto currency community!

Related Posts

Bitcoin Just Recorded The Best Month Of Trading Activity In July Since Last Year, Surging 19%. What Does This Mean For PivaCrip?

Bitcoin Just Recorded The Best Month Of Trading Activity In July Since Last Year, Surging 19%. What Does This Mean For PivaCrip?

6 hours ago
Metamortals have the potential to overcome The Sandbox and Decentraland

Metamortals have the potential to overcome The Sandbox and Decentraland

6 hours ago
Three Cryptocurrencies With Fast Financial Transactions – Avalanche, Ripple, And Pugglit Inu

Three Cryptocurrencies With Fast Financial Transactions – Avalanche, Ripple, And Pugglit Inu

7 hours ago
Three Meme Coins To Have On Your Radar – HUH Token, Dogecoin and Shiba Inu

Three Meme Coins To Have On Your Radar – HUH Token, Dogecoin and Shiba Inu

7 hours ago
Is Runfy Token The Next Cryptocurrency to Explode in 2022 like Solana?

Is Runfy Token The Next Cryptocurrency to Explode in 2022 like Solana?

7 hours ago
Gnox (GNOX), Aave (AAVE) And Cronos (CRO) Could Make Top News During August Bullish Trend

Gnox (GNOX), Aave (AAVE) And Cronos (CRO) Could Make Top News During August Bullish Trend

15 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.