Standard Transaction Co., Ltd
Our mission: Promote means to enrich wealth and time, for full of life We believe that it is not impossible to create an environment where people's lives are not subject to be compromised just because of a lack of money and time. Such an environment can be arranged with appropriate financial technology with the appropriate intention. We have two main services: xST Protocol and QuickBuy xST Protocol enables the financial settlement to be executed instantly without any credit/counterparty risk essentially with near zero-cost. The securitization flow (called creation/redemption in technical context) is secured by the international patent (both PCT and local). Compared to the traditional settlement process, the settlement with xST Protocol eliminates the major overhead cost, the redundant procedures, and distributions of authorities, which are conventionally necessary to mitigate embezzlement, operational risk, and other credit/financial risks. Unlike so-called stable coin, our securitization process does not involve credit risk even in the custody process and its value and asset linkability are guaranteed by the government; thus, this result the financial data itself to possess financial/economical value by its nature. QuickBuy is a Direct-to-Consumer (D2C) marketing tool where the store can sell the product or service only with URL, QR code or whatever it direct to a specific inventory management system. Thus the manufacturer or store does not need to depend on E-Commerce service but just our payment process. Also, with a patent currently under review, the end-user/consumer can purchase without initial registration which lowers the initial purchase hurdle.
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