<p>AIITONE, an augmented reality firm in South Korea, <a href="https://www.aiitone.com/kor/invest/notice?viewMode&#61;view&amp;ca&#61;&amp;sel_search&#61;&amp;txt_search&#61;&amp;page&#61;1&amp;idx&#61;38" rel="noopener noreferrer nofollow">announced</a> today its launch of a proof-of-concept (PoC) platform aimed at facilitating the security token projects of securities and financial companies.</p><h2 id="header-0">Technological validation for STO projects</h2><p>AIITONE’s security token offering (STO) PoC platform serves to conceptually validate technological aspects before the implementation of specific projects. This solution validates business concepts by enabling a systematic connection among various entities, including security token issuers, account management institutions (issuance intermediaries), the total supply management institution (the Korea Securities Depository), investors, securities companies, over-the-counter (OTC) brokerages, and financial companies.</p><p>Through this platform, AIITONE’s clients will have the capability to conduct PoC studies for both primary and secondary markets. Businesses with an interest in security token operations can test in advance the entire lifecycle of an STO. This encompasses activities such as security token assessment, subscription, allocation, issuance, distribution, and eventual burn. Assessing technical requirements prior to embarking on a security token project is expected to not only save time but also mitigate risks.</p><h2 id="header-1">Versatile support for industry players</h2><p>According to an AIITONE official, the firm’s STO PoC platform is highly effective, considering it offers a wide range of support, spanning from security token product planning to networking assistance for platform and infrastructure development. The official also expressed their expectations that the platform’s versatility is poised to attract many securities and financial companies as potential customers.</p><p>Meanwhile, AIITONE aims to offer a comprehensive STO solution encompassing a range of features, such as STO PoC consulting, industry trend assessment, and risk management capabilities.</p>

AIITONE Launches PoC Platform for Security Token Projects in South Korea

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