Toronto-based Equibit Development Corporation (EDC) is a blockchain-based securities register startup that just announced IT security expert John McAfee as an advisor. McAfee will be a senior advisor to the company’s security committee.
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Cryptographically-Secure Routing System on Multiple Blockchains
Decentralized OTC securities platform company EDC uses blockchain technology to manage OTC equity, warrants, and more. The company stated that Equibit is a cryptographically-secure routing system that can expand upon multiple blockchains. Moreover, the startup claims Equibit issuers can update shareholder registers, distribute earnings, and collect votes in real time. With McAfee’s help, the company says it aims to bring heightened security to the EDC environment.
“I advise multiple boards of directors for companies in the cyber security field. I do this because the world’s cyber defense systems lag far behind existing