ALLEX (ALX) STO

We are working to create the world’s first security token standard. Beginning with ST issuance, management, settlement, and related operations, we work to provide solutions for KYC/AML for security token exchanges.

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What is ALLEX

“ALLEX” uses Stellar Blockchain's original protocol “SCP (Stellar Consensus Protocol)” and is mainly used for small remittance between individuals. In terms of scalability (processing capacity of 1,000 times/second), Stellar can be used internationally with high speed, for example, linking with IT company “IBM” and financial consulting company “Detroit Tohmatsu” because it can reduce transaction costs. In areas such as the Philippines and West Africa, Stellar is expected to cover the needs of people who could not have the bank accounts so far, such as using low-cost financial services.

The ALLEX token is being developed on the assumption that various security tokens will be issued based on the ALLEX token in the future, aiming to become an axis currency in the security token industry. In the crypto-asset market, various tokens have been issued based on Ethereum, but in the security token market, we will continue our efforts to make the alternative role of ETH.

Security token "ALLEX" was approved by ABACA, a self-regulatory organization of CEZA in the Philippines, and will be sold on October 15, 2019.