Blockchain purchasing platform
using the blockchain technology, all the information of the process, factory processing, distribution, and finally the whole process of consumer purchase is recorded on the blockchain, which ensures that the goods will not be alterated or replaced, and runs through the whole life cycle of the goods
Singapore blockchain ICO company
according to the analysis of market results, at present, 70% of the companies registered in Singapore are public companies, and 30% are private limited companies
in particular, there is no legal entity in Singapore called "foundation". What we usually call registered Singapore foundation refers to the type of public company
Singapore public company:
1. Independent legal entity
(2) limited liability: joint and several liability is the maximum amount of guarantee promised by each member (it is possible to compensate at most S $1)3. No shares or share capital
4; Articles of association) to clarify the upper limit of each member's liability
Non profit: initially, it was mainly for non-profit organizations6
the company needs at least 2 company officials. At least one director must be Singaporean or permanent resident (Bajie can provide)
Singapore private limited company:
1. At least one shareholder and at most 50 shareholders can be natural persons and companies
2. At least one local director and one legal secretary (not the same person, Bajie can provide them)
3. Limited liability4
Three years before the establishment of the company, the profits of the first 100000 Singapore dollars are exempt from corporate tax, the tax rate of the company within 300000 Singapore dollars is 8.5%, and the tax rate of the part exceeding 300000 Singapore dollars is 17%is Singapore blockchain ICO a public company or a private limited company? What are the conditions
registration conditions and fees of Singapore public company:
1. Company Name: English only, company type is public guarantee limited company, ending with Ltd. or limited
Registered capital: there is no registered capital, but each member will pay in S $13. Members of directors: the requirements of directors are the same as those of ordinary companies, but there are no shareholders
Registered address: Bajie can provide Business scope: at most 2 main business activities can be selected (generally computer software, network, information technology, etc.) Legal secretary of the company: Bajie can provideregistration time: 4-6 weeks
registration conditions and fees of Singapore private limited company:
1. Company Name: English only, company type is private limited company, ending with PTE. Ltd
2. Registered capital: there is no need to verify the capital. The minimum is S $1, the maximum is S $500000, and the annual fee of Singapore business alliance is required
3. Directors and shareholders: at least one scanning of passport + ID card (address proof) of directors and shareholders shall be provided, and non Singaporean shall register. If an account needs to be opened later, at least two directors (except Singaporean local directors) shall be provided for registration
4. Registered address: local registered address in Singapore (available from Bajie)
Business scope: at most two main business activities can be selected (generally, the business scope of computer software, network, information technology, etc.) Legal secretary: provided by our companyregistration time: usually 3-4 weeks
note: after the registration of general for-profit foundation, there is no need to audit if there is no bank account, while the annual inspection and audit of non-profit foundation must be done every year after the registration
after the Singapore blockchain ICO company established the Singapore foundation, if it wants to issue currency, it will also involve four certificates:
1. White paper compliance: to prove that the projects undertaken by the foundation are in line with Singapore regulations, to prevent MAS (monetary authority of Singapore) investigation, which need to be used when going to the exchange
2. Token non securitization proof: prove that the project is non securitized, avoid causing trouble, and securitization is unable to engage in block chain related business in Singapore
3. Compliance of private placement terms: proving that the fund raising and sales concted before going to the exchange are legal and compliant
4. Compliance of public offering terms: it is equivalent to the commitment made to the majority of investors after going to the stock exchange, increasing the confidence of investors
note: the above certificates can be provided by Bajie Singapore lawyers
secondly, for e-commerce, the smart contract of blockchain allows buyers and sellers to conct direct transactions. Smart contracts can be set to be executed only when specific obligations are fulfilled. For example, the buyer can send the determined price of the proct to the contract in cryptocurrency. The seller sends the proof of ownership to the smart contract and connects the smart contract with the company that transports and sells the proct. Once the seller has fulfilled all the obligations, the smart contract will automatically send the funds to the seller's wallet< Then, e-commerce has encountered setbacks in international transactions. But the company that can create a country and currency agnostic solution with blockchain technology is the request network. This blockchain based platform is eager to create a decentralized platform to provide convenient, fast and secure transactions for B2B, B2C and C2C interactions
finally, another disruptive function of blockchain technology is that it allows non corrupt visualization of the supply chain. We haven't done that yet, because blockchain still needs a lot of adoption, but once this happens, the whole chain reaction of the proct can be directly displayed with a tap of the thumb. Whether the proct is real, organic, fair trade or contains chemicals can be seen directly on its blockchain. Since the blockchain is not corrupt, it allows a completely transparent supply chain, allowing consumers to fully understand the procts they consume
with the progress of technology, blockchain will bring convenience to e-commerce in some other ways
welcome to pay attention to pinecone blockchain for more information.
When it comes to the central bank's digital currency, we have to mention bitcoin and other virtual currencies. Both of them apply the underlying technology of blockchain and have the characteristics of decentralized account books. Therefore, many people confuse them, but they are not exactly the same thing
the legal digital currency issued by the central bank, which is endorsed by the state, has the function of value anchoring and credit creation, will have a substantial effect on the economy. Fan Yifei said that legal digital currency, like paper money, is essentially pure credit currency, but digital currency can further rece operating costs and can be applied more efficiently in a wider range of fields
According to experts, from the perspective of historical process, the carrier of currency has evolved from shellfish and precious metals to paper money, and then to the emergence of third-party payment electronic currency in modern society, which is essentially in pursuit of transaction convenience and low cost. This trend continues to develop, and the manifestation in the future society is digital currencyArticle source: bit110 network
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