Highlights:
- DigitalX to provide Blockchain expertise to the Board and Management
- DCC to advise how Blockchain based systems can enhance SRO’s proprietary User Generated Content platform
- Blockchain solutions to add another layer of legal protection for SRO customers
- SRO to potentially incorporate ‘Smart Contracting’ and content trading to further enhancing platform offering
ShareRoot Limited is pleased to advise that it has appointed leading blockchain and digital advisory company, DigitalX Limited as the Company’s Blockchain advisor.
DigitalX is a Blockchain technology consultancy company with offices in Perth and New York. It provides ICO advisory services, Blockchain consulting services and Blockchain related software development services to deliver innovative products to global markets.
The Company has engaged DigitalX with the aim of introducing a suitable, high quality Blockchain solution that can be incorporated into ShareRoot’s proprietary User Generated Content platform, which will track and facilitate the ownership and sale of UGC. The introduction of Blockchain technology has the potential to add an additional layer of legal protection to SRO’s UGC platform further protecting customers using the platform. DigitalX will also provide additional Blockchain consulting services to SRO’s Board and Management.
ShareRoot Chief Executive Officer, Noah Abelson said: “DigitalX is Australia’s leading provider of Blockchain consulting services and products and we are excited to have engaged them to work on this project.
“Blockchain technology has the potential to significantly increase the security and safety of our proprietary UGC platform and we look forward to exploring ways to further reduce legal risks for our customers.”
DigitalX CEO and Managing Director, Leigh Travers said: “DigitalX is pleased to provide Blockchain consulting services and explore potential solutions that will best suit SRO’s business. Blockchain could allow for ShareRoot’s UGC platform to be further enhanced with more secure and effective methods of proving the ownership and legal rights of the content through ‘smart contracts’.
“ShareRoot could also consider the possibility of trading content through a trustless distributed ledger protocol. Blockchain also has the ability to track contents original creation point, greater enhancing the proof of ownership and property rights.”
