Santa Monica, CA - (SBWIRE) -- (SBWIRE) -- 06/12/2014 -- Today COISHARE, a bitcoin technology crowdfunding company, announced the successful demonstration of its Proof Of Concept System for issuing shares over a Bitcoin-like network.
"We are excited to demonstrate the feasibility of our technology,” said Filip Andersson, CTO of Coishare. He added “we were able to demonstrate the paperless issuance and delivery of shares from an issuing company to investors within seconds”.
“We see great need for a paperless issuance and delivery of shares within the rapidly evolving equity crowdfunding space,” said Amir Goren, CEO of Coishare.
The company intends to be its technology’s first user, issuing its shares digitally in a crowdfunding campaign later this year. "We are excited to issue our shares digitally using our beta system in a crowdfunding campaign this fall," said Amir Goren, CEO of Coishare. He added “we look forward to working with leading equity crowdfunding portals on the integration of our technology”.
Based in Irvine California, Coishare is a leader in digital shares issuance over a bitcoin-like crypto-ledger. The company will allow crowdfunding companies to issue shares and deliver them to investors digitally.
Later on, the company intends to introduce an exchange module that will allow trading in unrestricted shares.
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Amir Goren - Co-Founder and CEO, Coishare