In the Press
How can “title” add value to the crypto markets?
“Almost two decades later, Eric sees signs that the vision he had encountered at early PayPal might finally be fulfilled. Eric believes that the emerging crypto space has the potential to bring about many useful changes in finance but the infrastructure around the market still requires much more development. Eric sees his innovation as providing some extra value to the market and contributing to this development. This is why he founded TransitNet in 2018.”
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TransitNet Launches Title Verification Tools To Transform The Crypto Sphere
“The first of TransitNet’s title verification tools is the Asset Collision Identifier (ACI). This tool lets service providers check for the collision of crypto wallets. In other words, it will identify wallet addresses that may be claimed by multiple managers and then help ensure that specific assets are not claimed by more than one fund. ”
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[Interview] Eric Jackson, CEO of TransitNet : Building Security For Institutional Investment In Crypto
“TransitNet is providing the tools that will assist service providers with title verification for cryptographic assets. Despite the huge influx of institutional investment into crypto over the last year, many larger firms are apprehensive about entering the market because of the anonymity associated with crypto.”
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How Crypto is Changing for Institutional Investment
“Projects like TransitNet create an off-chain title registry for cryptocurrency. This allows investors to verify their ownership of crypto assets. With a third-party register, individuals can protect the contents of their crypto wallet. These services also allow investors to show proof of collateral or reserve when engaging in transactions or leveraging other services.”
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Can TransitNet's Title Registry Provide The Fuel To Maintain Crypto's Bullrun?
“Without title registry crypto assets do not have the flexibility required to be fully utilized by investment firms. This is why the work TransitNet is doing is so significant. It’s these kinds of projects that will make the whole ecosystem more attractive to institutions and, in turn, provide the fuel to maintain the bull run.”
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Interview with TransitNet CEO Eric Jackson
“TransitNet is providing the tools that will assist service providers with title verification for cryptographic assets. Despite the huge influx of institutional investment into crypto over the last year, many larger firms are apprehensive about entering the market because of the anonymity associated with crypto.”
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3 Start-ups Heralding A New Era of Security For the Crypto Sphere
“Title registry is something that is likely to be hugely significant for institutions. Firstly, the ability for an institution to verify whose funds they are holding is vital in areas that require KYC. Perhaps more significant though, is the investment flexibility it provides.”
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TransitNet's inclusion in Venturebeat's "10 blockchain startups to watch"
“Blockchain is going to continue to change traditional financial services. DeFi won’t obliterate traditional financial services, but it will force them to evolve to coexist. We’re already seeing that happen. Banks are getting involved in blockchain and crypto. We see an opportunity for TransitNet to be a critical player in this space. For example, TransitNet enables home mortgages by allowing people to demonstrate their creditworthiness based on their crypto assets and to pay with crypto, which they can prove ownership of,” said Eric Jackson, the company’s CEO.
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Crypto Hipster Podcast Interview with TransitNet's CEO Eric Jackson
“Surviving the PayPal Wars and crypto insights with Eric Jackson, PayPal Mafia, TransitNet and more”
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TransitNet LLC provides tools to assist with title
verification for cryptocurrency.
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