Blockchain Dispute Resolution Firm to List On London Stock Exchange

A company that uses smart contracts to manage arbitration and dispute resolution around blockchain transactions announced on Jan. 17 its intention to list on the Main Market of the London Stock Exchange.

Proof of Trust Ltd did not give any financial details or timetable for the listing, but CEO Dean Armstrong said that the company was excited at the prospect of the listing and "Look[s] forward to providing investors with the opportunity to share in this groundbreaking project."

Insurance protocol for smart contracts and blockchain transactions.

"The Proof of Trust owns the worldwide patents to a protocol which facilitates clear dispute resolution based upon smart contract disputes which are highly efficient both in terms of speed and use of resources."

The system also delivers an anti-collusion algorithm to ensure the authenticity of data used to execute smart contracts.

London Stock Exchange adds an air of respectability.

One reason for crypto- and blockchain-related firms to seek a listing on the LSE and similar exchanges is the perceived air of respectability that such a listing adds.

More and more crypto firms are choosing to go down the more traditional route of having an initial public offering of shares on a major stock exchange.

As Cointelegraph reported in September, Argo Mining added 1,000 new mining machines, and had seen its share price almost triple since May 2019, reaching £9.50 per share.

The stock price has since dropped back, but still stands at £7.15 at press time.