Blockchain technology provider AlphaPoint has announced its plans for the AlphaPoint Public Network (APN), the world’s first public blockchain engineered from the ground up on Intel’s Software Guard Extensions (SGXs) technology. It will enable users to securely digitize real-world assets across both public and private blockchains, and monetize them across new markets. A pre-functional token sale to accredited investors is expected to launch in early 2018, in order to fund the development of the network.
AlphaPoint foresees explosive growth in bringing historically-illiquid assets to market through the token model – including real estate, exclusive goods, debt, and commodities.
The AlphaPoint Public Network (APN) has been architected as the most confidential, high-performance public blockchain for users to tokenize real-world assets and to develop and run decentralized applications.
AlphaPoint also has named a new chief executive, Salil Donde, who has served as an executive vice president for Nasdaq’s Global Information Services since early 2015. Donde is joining AlphaPoint’s board of directors.
He stated “The primary mission of AlphaPoint is to enable our customers to digitize real-world assets and launch new markets. The proceeds from the planned sale to accredited investors will allow AlphaPoint to build a new public blockchain network that delivers on this mission at a new scale.”