BlackStar will Receive a Patent on its Corporate Governance Blockchain Platform: An Encrypted Infrastructure Designed to Enable a Financial Audit on a Blockchain [Yahoo! Finance]
BLACKSTAR ENTERPRISE GRP (BEGI)
NASDAQ:AMEX Investor Relations:
blackstarenterprisegroup.com/investor-relations
Company Research
Source: Yahoo! Finance
Allowance' from the United States Patent and Trademark Office (USPTO), for a patent application titled "System and Method for Preparing for a SEC Financial Statement Audit by Recording Corporate Governance Information on an Immutable Blockchain." The technology claimed in the patent, which generally relates to recording corporate governance information on a blockchain, helps with the organization of public and private companies preparing for a financial audit, assists with compliance with rules and regulations of various regulatory authorities (e.g. Securities and Exchange Commission) and is compatible with use through any U.S. brokerage firm. The audit platform, which is nearing completion of the development phase, may become a catalyst in the transparency of internal corporate governance and controls, contributing to the corporate accountability movement. When asked for comment, BlackStar's CEO Joseph E Kurczodyna said, "We are elated to hear the company will be receiving this pat
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