ComBoox is a blockchain-based company book-entry platform designed for registering equity shares and keeping corporate statutory books, which is aimed to assist users to quickly establish a legal, secure, transparent and reliable smart contracts system, so as to enable investors, shareholders, executive officers, business partners to conduct legal acts around equity rights in a self-service mode, including share subscription, share transfer, share pledge, paying consideration, signing contracts, proposing, voting, nominating, inauguration and resignation etc.
Different from simple tokenization of equity certificates, ComBoox does NOT rely on legal documents to restrict off-chain behaviors so as to ensure the realization of rights and interests, instead, it uses smart contracts to fully control ALL activities of equity transactions and corporate governance, completely eliminating the possibilities of defaults or violations.
Therefore, ComBoox can fundamentally solve the problems of Insiders Control or Misleading Statements that have plagued the capital markets for many years, and can completely realize:
- right holders may directly exercise rights;
- obligors have no chance to default; and
- real-time information disclosure.
By booking equity shares on-chain, investors may use crypto currencies to pay equitys consideration, which means effectively connecting the company’s equity shares to the trillion-dollar crypto markets, so that the companies may have an opportunity to have their equity value reevaluated and reconfirmed with the robust support of the huge liquidity.