Akemona has developed a comprehensive smart contracts based web3 platform for creating regulatory-compliant tokens across traditional and new asset types. Our platform enables tokenization and automation of the lifecycle of all asset classes. This is achieved by embedding the rights and obligations of the asset directly into the token to fully automate the asset’s lifecycle across the financial ecosystem. In the emerging digital economy, asset tokenization holds the key to transforming processes across financial systems.
Akemona Tokenization Platform is supported by a blockchain-based identity management (KYC-AML) system that identifies individuals and organizations allowing them to access, buy, and transfer digital assets in compliance with the securities laws and the regulations thereunder. Our system conforms to the regulatory requirements of the United States Securities and Exchange Commission. Additional regulations are configurable. The KYC-AML system developed by Akemona allows issuers and their agents to identify owners of digital assets based on their wallets for compliance with securities regulations. For investors, the system is completely self-managed enabling them to register new wallets and transfer digital assets from one wallet to another wallet.
Users may customize the lifecycle of tokenized assets on our platform. An example lifecycle of tokenized assets is as follows:
Pre-launch
- Records the terms and conditions under which tokens are created
- Obtains sign-offs if required
- Creates smart contracts based on the terms and conditions provided
- Deploys smart contracts on blockchain
Token Issuance
- Invites members/participants who need to receive tokens
- Registers digital wallet addresses of members/participants
- Performs KYC/AML and other regulatory checks on members/participants
- Distributes tokens after required checks are successfully completed
Post-issuance
- Allows members to exchange/trade tokens among themselves subject to the terms and conditions
- Provides a registry to track ownership of tokens
- Replaces tokens from lost wallets
- Supports member/participant relationship
- Supports issuer in the distribution of benefits related to token ownership
Maturity
- Informs members/participants of maturity
- Redeems tokens on maturity