Just as we tokenized our own shares, we did the same for our client Boss Info AG. We believe that tokenizing shares is a very important part of corporate share issuance. The client approached us with their goal to create a convenient and digital method for their employees to become shareholders of the company. Employees should have the possibility to trade their employee shares on a secondary market.
The benefit for our client is to improve the maintenance of the company’s share register using the distributed ledger technology. We converted the company shares into ERC- 20 Tokens, created an internal marketplace and programmed a smart contract which is the replacement of the traditional shareholder registry, showing changes of ownership in real time.