ComBoox is a blockchain-based platform for corporate record-keeping, specializing in the registration of equity shares and the management of statutory books. ComBoox empowers users to swiftly build a legal, secure, transparent, and reliable smart contract framework. Investors, shareholders, executive officers, and business partners can perform a full range of equity-related actions β including share subscriptions, transfers, pledges, consideration payments, contract signings, proposals, voting, nominations, and executive transitions β through a decentralized, self-service process.
Unlike pure share certificates tokenization, ComBoox does NOT rely on legal documents to restrict off-chain behavior. Instead, it uses smart contracts to fully control ALL share transactions and corporate governance activities, enabling rights holders to conduct legal actions on chain in self-service mode, completely eliminating the possibility of default or violation.
Therefore, ComBoox provides a brand-new concept and solution to solve the problems of "Insiders Control" or "Misleading Statements" that have plagued the capital markets for many years, and may completely realize:
(1) right holders may directly exercise rights;
(2) obligors have no chance to default or violate;
(3) real-time disclosure of full information; and
(4) tokenization of equity shares in a complete sense.