Equibit Development Corporation

We’re reinventing the securities industry with decentralized systems

Founded 2015
1-15 employees
  • Information Systems
  • Headquarters address
    250 University Ave, Suite 200, Toronto, ON, Canada

    We're building Equibit, the world's first peer-to-peer equity marketplace and a complete platform for issuers to manage their investor relations without the need for depositories and transfer agents.

    Equibit allows issuers to use cryptocurrency tokens, called 'equibits', to authorize and disseminate their shares. It also includes a secure, P2P communications system allowing for private messages and polls to be instantly sent to individuals and groups on the network.

    A public component of the communications system allows for the announcement of bid/ask type messages, in the same vein as an open outcry trading pit but on a global scale. Investors can designate and revoke proxy rights with a simple click of their mouse.

    Equibit also includes trading passports, an ingenious way of handling the KYC issues currently faced by blockchain technology. Issuers and investors can quickly join vetted communities on the network, gaining easy access to pools of capital and investment opportunities in an environment that maintains compliance with securities laws over exempt distributions.

    EDC is also the creator of the world's first Supernode. A cryptocurrency node capable of transacting on both Bitcoin and Equibit and performing all cryptographic operations in hardware rather than software. It is certified FIPS 140-2 Level II compliant by NIST and the CSE, offering unrivaled security over private keys, and incredible speed for enterprise. Functionality is delivered through an API, making integration with existing financial applications easy.

    Tech stack

    Apache, MySQL, PHP, MongoDB, GitHub, Node.js, MailChimp, Twilio

    Benefits

    Health and wellness

    Insurance (Health)
    Insurance (Dental)
    Insurance (Vision)
    Insurance (Life)
    Insurance (Disability)