2 days agoTop 5 benefits of transparent ownership data according to ChatGPTWe asked ChatGPT about the top 5 benefits of transparent ownership data, remarkably, it took it 10 seconds to write. Our instructions were: “Give me 5 top business benefits of transparent ownership data.” Here is what it wrote -> Improved trust and credibility: Transparent ownership data can help build trust…Chatgpt2 min readChatgpt2 min read
Nov 29Calyx: Setting up your company accountAdding your company to Calyx is easy and only takes minutes to complete. Click shareholder registry to start. 2. Select add new2 min read2 min readCalyx: Setting up your company accountAdding your company to Calyx is easy and only takes minutes to complete.Click shareholder registry to start.2. Select add new----
Nov 25I read that users can issue shares on the platform. Are these shares registered with the government in some way?Currently, the shares are NOT registered by any Government as we are focusing on LLCs and equivalents, which generally are not registered. The record-keeping is the board’s responsibility, and many companies have their lawyers or accountants keeping a copy of the shareholder list using excel. Most of the jurisdictions we…Web 32 min readWeb 32 min read
Oct 5What could possibly go wrong?When a company has multiple shareholders, its ownership structure is decentralized by design. Furthermore, each company has various stakeholders. However, ownership records are managed in siloed databases. Though it is a distributed system of sorts, it is not in sync. Instead, the majority of these are updated inconsistently. Stakeholders cannot…Web 34 min readWeb 34 min read
Oct 5Oxymoron: Transparent PrivacyOxymoron::a figure of speech in which apparently contradictory terms appear in conjunction (e.g. faith unfaithful kept him falsely true ):: I’ve been following crypto for a while. The debate is ongoing, and it feels that many arguments are legit. …Web 32 min readWeb 32 min read
Oct 5Will blockchain addresses replace e-mail?We at Mojoflower are avid believers of web3. We believe that web3 thinking will change how we as users interact with technology and each other. We believe it will cause a shift, an upgrade of infrastructure, and what we as users will be able to do. One of those changes…Web 34 min readWeb 34 min read
Oct 5What is a Smart Contract?A “Smart Contract” or a “Smart Transaction” is a computer program that helps you to make secure transactions based on a predefined set of agreements, like a traditional contract. Its purpose is to reduce transactional friction, reduce paperwork, minimize the uncertainty of payments and overall make it easier for parties…Web 32 min readWeb 32 min read
Oct 5Web3 the future of businessWe at Mojoflower are building a business suite for the next generation of the internet, “Web 3.” While some think that Web 3 is just a buzzword, we view it as a compass; it is partly technological and partly ideological. …Web 33 min readWeb 33 min read
