How it works.
The corporate administrator uses a pre-made digital template of a share certificate to fill in all required data.
The completed digital copy of the share certificate is given to the signatories of the company to place their digital signature and to return it back to the corporate administrator duly signed.
The Corporate Administration Department of Stelios Americanos & Co. LLC generates a unique fingerprint (hash) for the share certificate and links it to an append-only public Blockchain.
The “Blockchain Digital Share Certificate” is then delivered to the shareholder. From now on, the shareholder can electronically share it with any person or legal entity in case he/she wishes, for instance, to negotiate the sale of his/her shares with any prospective buyer or for the purpose of pledge of shares or for any other use.
The shareholder or any person who possesses the digital share certificate can validate the authenticity of the share certificate by either visiting verify.americanos.com or by scanning the QR code on the bottom right edge of the digital share certificate.
The verification process instantly reveals to the holder of the digital share certificate, without the need of contacting any intermediary or public authority, whether this is VALID or NOT VALID. In case the indication is VALID, the positive result is followed by the name of the company, the country of incorporation, the registration number of the company, the name of the shareholder and the issuance date of the certificate. The NOT VALID result is a warning sign, meaning that the certificate has been previously revoked or the uploaded version has no digital fingerprint (Blockchain hash), hence the interested person is strongly advised to take additional measures to check the authenticity of the share certificate.