The founder of YTY is Olivier Cordoleani, CEO. For more information, please visit”Contact“

All EVM blockchains can be used to issue tokens on our platform.
Ethereum is the best known, but we can issue tokens on several dozen blockchain networks (e.g. Binance Smart Chain, Wanchain, Skale, Rootstock, Ava/Athereum, Oasis Network) for reasons of scalability or transaction fees. Non-EVM protocols can be added on demand and according to market needs.

Absolutely, your token is transferable to any platform sharing the same token standard.

• ERCs (Ethereum Request for Comments) are the standards for deploying smart contracts. They each offer different possibilities.
• The ERC-20 is suitable for modelling assets whose governance is simple in terms of transferability.
• The ERC-1400 used by YTY Assets allows to model assets with complex transferability rules. For example, an equity token is governed by a shareholder agreement, company articles of association, local and/or international government regulations. These rules are complex, versatile and some are confidential. The ERC-1400 is ideal for dealing with such constraints.

Tokenisation consists of digitising the ownership of assets in the form of tokens. In this context, the blockchain / DLT serves as an unforgeable register to store these tokens.
Tokenisation goes much further than the simple digitalisation of property rights, it allows :

• Peer-to-peer transferability, via the Internet, without the intervention of a financial intermediary (e.g. account holder)
• An opening to the global market
• The availability of liquidity on currently illiquid assets (real estate, art)
• Lower costs by eliminating intermediaries
• Fractionalization of assets, i.e. the possibility to acquire a fraction of a token
• High transparency through reliable (non-repudiable) and real-time auditing
• The programmability of assets, thanks to smart contracts.

This depends on the profile of the users, who may be issuers of financial securities, financial intermediaries or investors. Today, when one buys shares from a bank broker, the securities are stored in their database, in a “siloed” system, with the indispensable financial infrastructure of settlement. With blockchain, securities exist as tokens and are transferable from one platform to another. This is the purpose of tokenisation. It gives the investor total sovereignty over his assets. He can delegate the custody of the latter to a third party, but he is also able to keep them himself or to sell them directly (transferability which implies the existence of liquidity and improves the risk ratio), without going through a broker or an organised market, in other words, without intermediaries. The investor can also partially sell a share (principle of asset fragmentation), which is impossible if one goes through the traditional mechanisms. The tokenisation of assets will undoubtedly make it possible, for example, to stimulate investment in unlisted securities.

A distributed (or shared) registry is a registry that is simultaneously stored and synchronised on a computer network, and evolves by adding new information that has been validated by the entire network and is never to be changed or deleted.
A distributed registry has no central administrator and no centralized data storage.
One form of distributed ledger is the blockchain, which can be public or private.
But not all distributed ledger systems rely on a blockchain to successfully execute a distributed consensus: the blockchain is just one type of data structure that can be used in a distributed ledger.
The term “blockchain” only applies to linear transaction registries (e.g. Ethereum, Bitcoin, Tezos, Cosmos, Substrate) and not to systems based on acyclic graphs (e.g. Tangle, Hashgraph), nor to key-value systems coupled to a Merkle tree (e.g. MS CCF).

A smart contract is a program executed by all validators in a network. Its execution is deterministic and is subject to a consensus between the validators before they can modify the state of the blockchain. The smart contract allows for high reliability in execution, total or selective transparency and traceability of its execution. The best known smart contracts are those based on the ERC models proposed by Ethereum. However, this technology is possible on many other blockchains.

Clearly, although the tokenisation of assets is working very well today and bringing real benefits, we are only at the beginning. The market, enabled by blockchain technology, is far from mature both from a technological and a regulatory point of view. On this second point, however, France is not too badly placed, as are Luxembourg, Switzerland and Germany. From a market point of view, some banks are interested and are starting to launch their solutions, as are some start-ups, but there are still few of them in Europe.

One of the advantages is the speed with which it can issue tokens, at controlled costs, i.e. ten to one hundred times less than a stock market listing. Our platform not only allows tokenisation, but also, upstream, the creation of public or private token offerings with all the processes required for such operations: calls for investors, compliance with the various regulations (MiFID II, AMLD5, RG AMF), contracts and pacts, all of which are carried out in an automated manner, thanks to workflows combining regtech and fintech. As a result, transfer and settlement times are reduced to a few minutes compared to two to three days (or even 10 days in some cases) on traditional markets.