Swarm Secure Another Impactful Partnership with Monarch Blockchain Corporation - Building the backbone of the Security Token Industry

The SEC have made it loud and clear that all blockchain tokens will be considered as securities (including utility tokens) - therefore ignoring regulation is not an option. Although many choose to dance around the subject and take from it what suits their agenda, it is inevitable and preparation is the key to success.

Swarm is a blockchain solution that was created with this fundamental understanding and as a result developed its SRC-20 security token fit to be the industry standard. Additionally, Swarm created the ‘Market Access Protocol’ (MAP) to make the transition easier for the entire blockchain industry to integrate their systems and step into the next generation of a regulated cryptocurrency world.

The SRC-20 standard defines the common rules that security tokens must comply with. It facilitates the launch of each individual investment opportunity featured on the Swarm Fund platform to represent the fractional ownership of the real underlying asset. MAP is an open source protocol that integrates with blockchain platforms and exchanges to automate and ensure the compliant transfer of securities in accordance to both the parties specific rules and regulations.

Swarm is now planting the seeds of expansion in the security tokens market with impactful partnerships that will allow the SRC-20 tokens to unlock trillions of dollars in illiquid assets. Furthermore, MAP will provide the framework for other blockchain platforms to build upon to do the same.

Monarch Blockchain Corporation is the most recent partnership formed by Swarm, and is an ideal fit for the company as the two share in the common interest of creating a democratized financial society, by removing the middlemen and fairly distributing opportunities.

Monarch is a universal cryptocurrency wallet and payments solution for both businesses and consumers, that allows its users to easily manage their finances with cryptocurrency in one convenient app. The Monarch wallet features a merchant plugin that offers recurring payments for monthly bills, subscriptions, etc., with those payments made to merchants in fiat via the internal Monarch exchange.

Through this partnership all SRC-20 security tokens, as well as the SWM utility token, will be supported on the Monarch Wallet. Swarm’s MAP will be integrated into the Monarch Exchange that’s due to launch early 2019, so that users can participate in security token trading, and know they are doing so in a safe and compliant manner. Additionally the Monarch Wallet offers decentralized cold storage, providing all token holders with the maximum form of security in digital asset protection.

Swarm have also recently partnered with OpenFinance Network - the first US based regulated security token trading platform, and the trading giant Robinhood to create the Robinhood Equity Token (RHET) - the first of its kind, which will (like all SRC-20 security tokens) be available on Monarch and OpenFinance Network. This is just the very beginning however as the security token market is about to take off.

Swarm are paving the way for the blockchain community, having already laid the fundamental groundwork and now invites all to join them in building a brighter future in a world of fair investment opportunities, in a secure and legally compliant environment.

To find out more head to Swarm.Fund.