Hashstacs Inc. will be developing the GSX Group’s latest initiative, the Securities Trading Asset Classification Settlement (STACS) Protocol. As the Group continues its work to be at the forefront of the blockchain industry’s evolution, the STACS Protocol will play a pivotal role, creating a unique public/permissioned hybrid global blockchain that will support the issuance, trading, clearing and settling of digital securities.
The Securities Trading Asset Classification Settlement (STACS) Protocol is a scalable ledger network layer that seamlessly stacks on top of existing financial institutions and enables the tokenisation of the complete financial industry with zero inertia.
With hybrid architecture consisting of a permissioned and public blockchain, STACS maintains enterprise autonomy while utilising revolutionary blockchain technology to create tangible and accelerated digitised financial services adhering to the strictest regulatory standards.