For many small and medium enterprises and start-ups, raising or increasing capital is a major challenge.
Much of the administration around the sale and purchase of shares is complicated, inefficient and expensive. In addition the OTC stock market is often inaccessible. Daura removes these frustrating problems, for business owners and potential investors alike.
It is a crypto-share platform that uses Blockchain to execute all the functions involving the issuing, buying and selling of stocks, including electronic signatures. Furthermore, in phase two, the platform will enable additional functionalities, such as:
- Transferability limitation
- Paying and distribution of dividends
- Shareholder meetings and votes
It validates all transactions via smart contracts that are registered on the Blockchain and carried out under the auspices of current Swiss legislation.
In short, Daura makes capital procurement and their share transfers easier, faster and cheaper. This will create a huge competitive advantage especially for SMEs using the daura platform.
Daura is a joint undertaking of Swisscom, a trusted technology partner in the financial sector and MME, a fintech specialized Swiss law firm, who have pooled their expertise to create a secure and reliable platform for business ventures in need of capital and their global investor community alike.
daura ag – sme capital raise on the blockchain