The Syscoin (SYS) founders have launched Blockchain Foundry, a blockchain technology group after striving hard for the last couple of days. The company is expected to get Blockchain Foundry listed on the major stock exchanges namely United States OTCBB market and the Frankfurt Stock Exchange. Blockchain foundry initiated its trading under the Ticker of BLFDF on OTCBB market on 21st August and 8BF on the Frankfurt Stock Exchange on 24th August. Currently, the common stock of the company is trading on the Canadian Securities Exchange (CSE) under the name of Ticker Symbol BCFN.
Further speaking to the Listing matter, Dan Wasyluk, CEO of Blockchain Foundry said in a statement that “Our listing on the Frankfurt Stock Exchange will bolster BCF’s international profile and enable knowledgeable European investors to participate in the Company’s growth and development. BCF has many exciting initiatives in the pipeline which we look forward to rolling out to our European and domestic investor communities alike.”
There are also other announcements were made by the company namely Pricing Intelligence solution, and a pre-solution design agreement with DigitalRez, a British Columbia-based company creating the first blockchain and cryptocurrency led property management and reservation platform, and a pre-solution design and ICO consulting agreement with Global CPQ, a US-base company developing a next-generation crypto-compatible Blockchain Configure Price Quote (CPQ). The partnerships with these companies are on the verge of leveraging the technology and expertise of the Syscoin blockchain project to offer customized solutions for each company.
The news about the strategic partnership came after Blockchain Foundry launched the Blockmarket Desktop 3.0, the latest version of its decentralized e-commerce marketplace created on the Syscoin blockchain. The platform allows the trading of goods and services use hardened smart-contracts created on the Syscoin Protocol.
What differentiates Blockchain Foundry from others is the way it offers a variety of features namely “easy-to-use blockchain-based asset creation portal by making it easier the difficult and time-consuming token creation process.” By doing this it has created a paradigm that has to be followed by other companies, e.g. Mike Novogratz’s cryptocurrency led merchant bank, Galaxy Digital LP (GLXY) official set up for trading on Canada’s TSX Venture Exchange in early July.
The entire new concept should assist institutional investors and analysts community in order to understand blockchain use cases by offering a clear and fair path for future companies that are poised on crypto to list on the global capital markets!!