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Blockchain News
BlockSafe Technologies Rolling out SEC Compliant Security Token Offering
BlockSafe’s Revenue Participation Token Will Pay Passive Income to Token Holders
By Richard Kastelein - September 25, 201844
Blockchain cybersecurity company BlockSafe Technologies, has launched the presale round of their SEC compliant security token offering. The BlockSafe ERC-20 security token (BSAFE) is a revenue generating security token in full compliance with SEC securities regulations.
“Our mission is an important one, $9 million is stolen each day from individual wallets and the fear that this lack of security fosters is the single largest obstacle to mass consumer adoption of cryptocurrencies and the technology behind them”, said CTO Ram Pemmaraju. “BlockSafe will secure the blockchain ecosystem. We recently launched our pioneering app CryptoDefender, and are now looking towards the future and securing both exchanges and private blockchains.”
BlockSafe Technologies recently released mobile and desktop versions of their anti-malware tool CryptoDefender™ which secures individual cryptocurrency wallets from theft.
CryptoDefender is the first of a three-tiered solution, which also includes ExchangeDefender™, currently in beta, aimed to protect the internal systems of crypto exchanges. “The last of our three solutions is BlockchainDefender, a solution that protects permissioned blockchains by enabling a company to add Authentication, Transaction Verification, Content Filtering, DDoS Mitigation, Load Balancing and a Secure Firewall. There is no other product on the marketplace that offers this level of security for blockchains,” said George Waller, CEO and Co-Founder of BlockSafe.
The current presale initiates a token offering seeking to raise $27 million in total funding with the STO planned for the end of this year. BlockSafe plans to use the funds to commercialize and market their blockchain security solutions.
BlockSafe has a patented cutting-edge technology that will address major cyber security challenges; the company is further supported by an experienced team that has worked together for the past 17 years, at BlockSafe’s parent company StrikeForce Technologies, Inc (OTC: SFOR), a leading provider of cyber security solutions for consumers, corporations, and government agencies. The StrikeForce relationship brings to bear millions of dollars in R&D and 17 years of advanced and tested cyber technology. BlockSafe has additionally assembled a team of reputable advisors spanning the cybersecurity and blockchain industries.
BlockSafe is the company that secures the blockchain ecosystem with a suite of solutions that protect against an array of cyber vulnerabilities.
The company is headquartered in Edison, New Jersey. For more information, visit www.blocksafetech.com.
About Richard Kastelein
Founder and publisher of industry publication Blockchain News (EST 2015), partner at ICO services collective CryptoAsset Design Group ($500m+ and 50+ ICOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur.
He sits on the advisory boards of some two dozen Blockchain startups
and has written over 1500 articles on Blockchain technology and
startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat
Ad honorem - Honorary Ph.d - Chair Professor of Blockchain at
China's first Blockchain University in Nanchang at the Jiangxi Ahead
Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business
Automation 4.0 programme. Chevalier (Knight) - Ordre des Arts et des
Technologies at Crypto Chain University and on advisory board of Advisory Board Member of International Decentralized Association Of Cryptocurrency And Blockchain (IDABC) as well as Advisory Board Member at U.S. Blockchain Association.
Over a half a decade experience judging and rewarding some 1000+
innovation projects as an EU expert for the European Commission's SME
Instrument programme as a startup assessor and as a startup judge for
the UK government's Innovate UK division. Kastelein has spoken
(keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, San Mateo, San Francisco, Santa Clara, Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich
His network is global and extensive. He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe
He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
A journalist by trade, an entrepreneur and adventurer at heart,
Kastelein's professional career has ranged from political publishing to
TV technology, boatbuilding to judging startups, skippering yachts to
marketing and more as he's travelled for nearly 30 years as a Canadian
expatriate living around the world
In his 20s, he sailed around the world on small yachts and wrote a
series of travel articles called, 'The Hitchhiker's Guide to the Seas'
travelling by hitching rides on yachts (1989) in major travel and
yachting publications.
He currently lives in Groningen, Netherlands