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tZERO, the global leader in blockchain innovation for capital markets, announced today that its digital securities protocol now supports Tezos, an open-source public blockchain for assets and applications that can evolve by updating itself.
The integration marks tZERO’s first step in supporting other blockchains outside of Ethereum on its open-source protocol.
This expands the range of technological options available to digital securities issuers who wish to have their securities be compatible with the tZERO ecosystem.Tezos is an open-source platform backed by a global community of validators, researchers and builders.
Smart contracts on Tezos offer institutional-grade security by more easily facilitating formal verification, an advanced technique used to mathematically prove properties of programs that require extreme proofs of correctness.
“Multiple issuers in our pipeline, including Alliance Investments’ River Plaza STO, have expressed interest in leveraging the Tezos blockchain.”Tezos Foundation Council Member Hubertus Thonhauser said, “tZERO is a leader in blockchain innovation for capital markets, and we support the company’s aim of fostering adoption of digital securities.
tZERO’s digital security protocol is open-sourced, and the code is available on GitHub at https://github.com/tzero-dev/Tez0ken.
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