RPGC implements on the Ethereum Solidity code base. Built as a standard protocol with modular features, it is designed to tackle the need for a compliant blockchain instrument for the capital markets industry. Most notably, to have a blockchain based tool to represent a transferable security instrument in a given jurisdiction.
And, it explains the necessity of such implementation as defined by Fintelum business needs within the Singapore laws. The paper assumes the readers have the basic understanding of how cryptocurrencies work and what blockchains are. It also assumes the reader is familiar with the basic functioning of capital markets and specifically the methods of fundraising and organised trading.
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