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July 02, 2018, 04:51:42 AM |
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The Platform Operator will be the operating company for the development of the Platform and the on boarding of its users, such as the participants, agents/brokers, and various partner companies. The Platform Operator could also focus on the IAT ecosystem development. The current process of ownership transfer can take months due to the various parties involved and the need to verify the documentation during various stages, usually with the assistance of a lawyer. The blockchain technology will be able to address the above by maintaining a uniform source of information for all the parties that are involved in the transaction. Also, emerging platforms focusing on other functions such as payments can be integrated in future.
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