Ownera
Solutions Providers
1. Problems/Challenges it aims to solve
Lack of digitization and automation in private capital markets: Private markets still rely heavily on manual processes and paper-based workflows, limiting efficiency and scalability.
Fragmentation across systems and platforms: Private market participants today use many different platforms and systems that don't interoperate, including various blockchains, ledgers, issuance platforms, exchanges, custodians, and compliance engines. This fragmentation makes end-to-end workflows complex.
Illiquidity and lack of secondary trading: Private securities lack liquidity and secondary trading options.
Need for open collaboration: Transforming complex ecosystems requires joint effort across institutions. Ownera brings together major players across finance and technology to jointly design open standards and networks.
Compliance and regulatory uncertainty: New digital solutions need to ensure full regulatory compliance.
Interoperability across ledgers: Ownera's protocol aims to route transactions across any blockchain or traditional ledger.
2. Solutions
Ownera FinP2P API: Ownera's implementation of the open-source FinP2P routing protocol/ network protocol and a set of specification APIs that aim to provide a communication abstraction layer between applications, data privacy and distributed ledger implementations.
FinP2P Network: An open-source decentralised protocol, enabling instant trading across any asset class and ledger.
Services provided:
Aims to serve as a neutral layer, seamlessly interconnecting various platforms using open-source interoperability specifications to facilitate market collaboration and liquidity.
3. Target Customers
Technology/Fintech vendors: such as HQLAᵡ, Wematch etc.
Financial institutions: Banks, investment firms, and other entities that deal with private capital and securities.
Market infrastructure providers: Stock exchanges, custodians, clearing houses, securities depositories that are looking to enable digital workflows and secondary trading for private securities.
4. Key Points
Provides interfaces to interact with the FinP2P network and build applications.
Supports managing identity profiles, assets, certificates, documents, tokens, and payments.
Identity profiles manage users, assets, and certificate providers.
Certificates verify qualities about a profile (KYC, accreditation status etc.) issued by trusted providers. Replaces whitelists.
Know Your Asset (KYA) certificates provide legal docs on assets, added by primary issuers.
Documents can be uploaded to support certificates, stored off-chain with hash on-chain.
Token APIs handle issuance and transfer of digital securities.
Payment APIs enable deposit and withdrawal of cash assets using external rails.
Enables regulated institutions to tokenize assets and trade in a compliant manner.
Allows building applications for issuance, custody, trading, settlement on the network.
Decentralized control and permissions improves privacy and efficiency vs whitelists.
Overall, provides necessary identity, token, and payment capabilities to power the FinP2P digital securities network for institutions.
5. People
Ami Ben-David, Co-founder & CEO of Ownera
6. Resources
https://finp2p.atlassian.net/wiki/spaces/FINP2P/pages/1540554/FinP2P+Introduction
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