# 1. Overview

Since human civilization has entered the 21st century, most wealth exists in the form of book-entry interests. In order to regulate this wealth and transaction activities, various commercial legal rules, organizational by-laws and trading contracts have been established, and different centralized agents are involved in commercial activities. However, in the event that these rules, laws or contracts are violated, people can only rely on ex post facto judicial remedies to seek compensation for their losses. Such Judicial remedies have proven to be excessively expensive and time-consuming, and insufficient to fully recover for the incurred losses.

The emergence of blockchain technology provides a brand-new set of solutions for human beings, which is to define the bookkeeping rules and transaction arrangements for book-entry interests in codes, and to use distributed systems and cryptography to fix these bookkeeping records in terms of content and time sequence. In this way, the possibility of non-compliance or default can be eliminated by means of ex ante prevention.

By implementing the basic concepts of “**code is law**” and “**decentralization**”, the legal logic defined by norms and contract terms can be realized by rigid code logic, and the human management of centralized organization can be replaced by automated consensus mechanisms and smart contracts. This establishes an automated asset bookkeeping and transaction management model, where rights holders can directly manage and dispose of their assets without having to rely on any intermediaries or counterparties. The only thing that needs to be considered is the logic and algorithms of the predefined smart contracts.

In all kinds of book-entry interests, apart from deposit, corporate equity is probably the most important and critical class of assets. The company is the vehicle for a variety of assets and the subject of capital investment. The external action of companies is an important part of modern business, and their internal governance involves the interests of many investors. Therefore, company equity is the key link between capital and assets, business activities and corporate governance.

Using blockchain and smart contract technology to automate the bookkeeping of corporate equity and governance behaviors, and replacing the legal logic of ex post facto judicial remedies with the rigid code logic of ex ante prevention, these concepts will be of great significance to the modern business in reducing disputes, eliminating irregularities, improving transparency, and enhancing efficiency.

Based on the above concepts, we developed and deployed the **ComBoox** platform.

**ComBoox** is a blockchain-based company records-keeping system to assist users to quickly establish a legal, secure, transparent, and reliable smart contracts system for automatically registering equity shares and keeping records of corporate governance.

{% content-ref url="/pages/WrNXPQAQqMv1RkDpOGFH" %}
[1.1. “Pain Points” of Corporate Governance](/whitepaper-en/system-overview/1.-overview/1.1.-pain-points-of-corporate-governance.md)
{% endcontent-ref %}

{% content-ref url="/pages/P5WQqbOSU7MQWagh6Tj7" %}
[1.2. Blockchain Solution](/whitepaper-en/system-overview/1.-overview/1.2.-blockchain-solution.md)
{% endcontent-ref %}

{% content-ref url="/pages/sEJEYqXohEjlZi2wXJDa" %}
[1.3. Tokenization and Company Evaluation](/whitepaper-en/system-overview/1.-overview/1.3.-tokenization-and-company-evaluation.md)
{% endcontent-ref %}

{% content-ref url="/pages/T1vQ8jlfJ4h66jAjuhrk" %}
[1.4. Features and Advantages](/whitepaper-en/system-overview/1.-overview/1.4.-features-and-advantages.md)
{% endcontent-ref %}

## 🚩**Our Mission**

> Assist users to set up a legal, transparent, reliable "On-Chain Company".

## **🔆**Our Vision

>  Build an international Web3 capital market.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://comboox.gitbook.io/whitepaper-en/system-overview/1.-overview.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.