• Developer of Patented Blockchain-Based Software for Third-Party Companies.
• Goal to Facilitate Trading of all Registered Public Companies on the Blockchain as Cash Spot Markets Without Shorting.
• BEGI Technology Invites the Industry, Exchanges, and Dealers to Trade U.S. Registered Common Stock on the Blockchain.
• BEGI Intellectual Property Portfolio Covers All Regulated, Registered Equities and all Forms of Securities Traded on the Blockchain Through Broker-Dealers.
• AI advisors Estimates Blockchain Patent Assets could generate $50 million to $1 Billion in revenues.
• BEGI’s Intent to Generate Revenue Through Licensing, Subscription, Installation and Software Maintenance Fees.
• Ability to Streamline a public companies quarterly & annual audits on chain. BEGI’s Corporate Governance Blockchain platform could save billions annually in Administrative Costs and codify all corporate content every 90 days, demonstrating transparency to Regulators that will oversee a CENTRALIZED Blockchain.
• Global Equity Trading Market Exceeds $100 Trillion in Annual Trading Volume. Capturing Even a Fraction via Blockchain Solutions Could Deliver Major Revenue.
Blackstar Enterprise Group, Inc. (OTC Pink: BEGI) is comprised of its’” Core Blockchain Platform – B.D.T.P.™ and two (2) wholly owned subsidiaries that will support the BEGI core blockchain platform as follows:
1. BEGI Blackstar Digital Trading Platform™(“B.D.T.P.™”) The “Core Blockchain Platform.” Blackstar’s intent is to generate revenue through licensing, subscription, installation, and software maintenance fees of our patented blockchain-based software to third-party private and public companies through Blockchain Equity Trading™ (B.E.T.™) subscription services.
2. BEGI Blockchain Equity Management Corp. (“BEMC”): A Colorado Corporation intended to provide additional revenue streams by offering advisory and technology services in support of B.D.T.P.™ implementations and ongoing B.D.T.P.™ blockchain software maintenance.
3. BEGI Blockchain Equity SRO, Inc: A self-regulatory organization (SRO), a non-profit membership-based organization for the digital securities industry. The SRO will be populated with representatives from public companies, security attorneys, and other professionals to establish guidelines that advance the industry and enable investors to participate in blockchain-based markets with confidence and integrity.
BEGI Blockchain Intellectual Property: Patents Approved and Patents Pending
Currently, BEGI has six approved patents and one published pending non-provisional patent applications. BLACKSTAR’s patent portfolio, according to AI, could generate $50 million to 1 billion in revenues with participation in the $100 trillion annual U.S. Equity Market.
A BEGI patent enabling equity trading platform, equity funding platform, and the corporate governance on a blockchain could be extremely valuable, particularly as the market shifts towards trading regulated registered digital public companies on chain. Blackstar offers regulators centralized-decentralized finance (CeFI)-(DeFI). This hybrid system can be monitored by a Central Authority, IE. SEC, FINRA, Broker Dealers, Clearing and Transfer Firms. Its valuation would depend on factors like scope, exclusivity, and market potential as follows: 1. BEGI Market Opportunity Equity Trading Market: The global equity trading market exceeds $100 trillion in annual trading volume. Capturing even a fraction of this through blockchain solutions could yield significant revenue. Corporate Governance: The ability to streamline a public company’s quarterly & annual audits on chain. BEGI’s Corporate Governance Blockchain platform could save billions annually in Administrative Costs and codify all corporate content every 90 days, demonstrating transparency to Regulators, giving them the ability to regulate a CENTRALIZED Blockchain as a central authority.
Blockchain could revolutionize boardroom operations and save billions annually in administrative costs. Blackstar system trades registered assets that are securities on the block. Shares at Brokerage Firms in book-entry are fungible digital assets, and when directed with double encryption to a Blockchain Engine, only the customer sees the order. The Broker sees the confirmation and directs it to normal clearing and settlement. Tokenization is not needed to trade fungible securities digitally. 2. BEGI Patent Scope Unique Claims: If the patent covers a novel mechanism for integrating trading, funding, and governance on a blockchain, it could be foundational to the industry.
Potential Use Cases for BEGI Institutional Use: Stock exchanges, including Nasdaq, OTC), and EXCHANGE TRADED FUNDS. The clearinghouses might leverage the technology for real-time settlement in the future. BlackStar’s system plugs into the current registered broker-dealers back-office operation without changing rules or regs.
Private Equity and Startups: Smaller companies could use blockchain-based governance and funding blockchain platforms to streamline operations, codify corporate activity, building confidence in attorneys and accountants’representation of their history. BEGI’s Blockchain IPO platform will facilitate funding activity for private and public companies. BlackStar’s digital trading platform on the block for registered public companies allows its shareholders and potential investors to a spot cash market with no shorting. Shareholders trade the spread like Market Makers. Shorting restrictions with cash only benefits the public companies and shareholder price. Arbitrage traders and hedge traders bring liquidity daily to quit markets.
Decentralized Finance (DeFi) vs. Centralized Finance (CeFi): BEGI IP is the gatekeeper to trading digital securities in the SEC broker-dealer ecosystem.
BEGI Competitive Edge Blackstar IP creates a “moat” by preventing competitors from deploying similar blockchain solutions, and its strategic value skyrockets. BEGI Sees The Future of Registered Digital Asset Trading
On November 25thBEGI CEO Joseph E. Kurczodyna stated in a company news announcement that he believes the priority of millions of investors is to trade digital assets on the blockchain. The BEGI goal is to facilitate the trading of all registered public companies on the blockchain as cash spot markets without shorting. BEGI technology invites the industry, exchanges, and dealers to trade U.S. registered common stock on the blockchain.
Mr. Kurczodyna of BEGI originally recognized the potential of digital assets with the rise of Bitcoin in 2017, after spending three decades as a foreign currency and U.S. dollar trader. Mr. Kurczodyna realized that Bitcoin could be a world currency and shift the balance of global economic powers, including the theoretical ability to reduce deficit spending and manage the books of the largest economies using a Bitcoin hedge. From there, Mr. Kurczodyna came to believe that "with only one decentralized world currency in Bitcoin, that digital companies, man-made coins, tokens, or blockchain applications traded as coins may have other monetary motives." Regarding Exchange-Traded Funds (ETFs), Mr. Kurczodyna thinks that "these types of funds helped open the investment world to trading Bitcoin as a security. Digital assets secured by exchanged traded funds send a clear signal to the investment banking world that digital assets that are registered as securities on the blockchain will trade through brokers as spot market ETFs."
BEGI CEO, Mr. Kurczodyna is also of the opinion that "most unregistered, unaudited digital companies are trading imitations hooked to the Bitcoin movement. Many of these companies or applications may disappear like the end of a chain letter. Commonsense regulation tells us that the rules and regulations created in the 1930s provide guidance for unregistered securities. Registration and vetting by the SEC with an audit protects the investing public."
Mr. Kurczodyna stated that “The BEGI blockchain technology can facilitate the trading of U.S. registered public companies on the blockchain through the broker-dealer ecosystem. BEGI technology trades common shares without creating a new digital security: common shares in book entry are fungible with their digital form."
The BEGI intellectual property portfolio covers all regulated, registered equities and all forms of securities traded on the blockchain through broker-dealers.
For more information on $BEGI, visit: blackstareg.com
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Company Name: BlackStar Enterprise Group, Inc.
Contact Person: Bryan P Hemphill, Media Relations
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Phone: 559-359-1480
Address:4450 Arapahoe Avenue Suite 100
City: Boulder
State: Colorado
Country: United States
Website: blackstareg.com
