Crowdfunding continues to disrupt the financial landscape, offering new paths for companies to raise capital. Within this realm, Regulation A+ offerings have emerged as a popular method, allowing businesses to access funds from a wider pool of investors. However, the hype surrounding Regulation A+ has sparked debate about its viability.

Is it truly a game-changer for startups and growing companies or merely a fleeting trend? This article delves into the nuances of Regulation A+ offerings, exploring both the advantages and challenges. We'll investigate real-world examples, opinions from industry experts, and regulatory guidance to provide a balanced assessment of this intriguing financing model.

• Moreover, we'll discuss the evolving regulatory environment and its impact on Regulation A+ offerings.
• In conclusion, investors seeking to engage in this crowdfunding trend should weigh the potential risks and rewards carefully.

Navigating Regulation A+ for Startups

Regulation A+, a relatively new fundraising mechanism, presents a exceptional opportunity for startups seeking to secure capital. This level of SEC regulation permits enterprises to publicly offer their securities to the broad public, thereby increasing their potential investor base.

Startups contemplating Regulation A+ should meticulously analyze its relevance to their individual circumstances.

• Key factors to consider include the intricacies of the regulatory process, compliance requirements, and the anticipated costs associated with this fundraising avenue.
• Furthermore, startups should develop a comprehensive investor relations strategy to effectively disclose information about their business and the conditions of the offering.

Pursuing expert advice from regulatory professionals is crucial to navigate the complexities of Regulation A+ and ensure a successful fundraising initiative.

Explore Title IV Reg A+ - Crowdfunder Blog

Dive deeply into the world of Title IV Regulation A+, a funding mechanism that empowers businesses to raise capital from the public through crowdfunding. Our latest infographic breaks down the intricacies of Reg A+, highlighting its key aspects and potential benefits for both companies and investors.

• Learn how Title IV Reg A+ differs from traditional funding methods.
• Acquire insights into the approval process for public offerings.
• Investigate the diverse range of industries utilizing Reg A+ financing.

Visit our blog to access the infographic and remain informed about the latest trends in Title IV Regulation A+.

Securities Registration - Securex Filings LLC

Securex Filings LLC assists/supports/guides companies/businesses/enterprises in navigating the complexities of the/a/its Regulation A+ process/framework/system. This tier/stage/level of securities registration/filing/offering allows publicly traded/non-traded/privately held companies to raise capital/funds/equity from a wider pool/range/spectrum of investors/individuals/participants while providing greater/increased/enhanced transparency/disclosure/accessibility. Securex Filings LLC's team/experts/specialists possess/have/demonstrate in-depth knowledge/understanding/expertise of the Regulation A+ regulations/requirements/guidelines, ensuring a streamlined/efficient/comprehensive filing/submission/process.

Crowdfunding for the Masses

The world of finance is undergoing a revolution, fueled by the power of collective action. Previously reserved, access to funding is now within reach of everyday people thanks to innovative crowdfunding platforms. These platforms support individuals and businesses to secure capital directly from the crowd.

Forget about when financial support was solely determined by established institutions. Crowdfunding has revolutionized the funding landscape, allowing anyone with a compelling idea to find the resources they need to make their dream a reality.

From creative ventures to scientific research, crowdfunding has become a powerful tool for making a difference. Backers can now directly contribute to projects that resonate with them and play an active role in shaping the future.

Street Share

StreetShares is the innovative online platform that pairs small businesses with private investors. It provides entrepreneurs with funding through loans, empowering them to expand. By disrupting the lending landscape, StreetShares supports small businesses to reach their full potential in their communities.

• StreetShares offers a variety of financing options tailored to the goals of small businesses.
• StreetShares' system is known for its simplicity, making it convenient for entrepreneurs of all sizes
• StreetShares has helped thousands of small businesses to achieve their goals since its launch.

Leveraging Regulation A+ for Successful Fundraising

Regulation A+ has emerged as a effective tool for companies seeking to raise resources in the public markets. This innovative regulatory framework facilitates businesses to acquire investment from a diverse range of investors. By utilizing the adaptability of Regulation A+, companies can maximize their fundraising efforts, ultimately fueling their expansion.

To successfully utilize Regulation A+ for fundraising, businesses should thoroughly structure a comprehensive offering prospectus. This document should concisely articulate the company's goals, industry potential, and financial forecasts.

Additionally, companies must build a robust alliance with experienced legal advisors who are familiar in the intricacies of Regulation A+.

EquityNet

SEC EquityNet is a/serves as/functions as an online platform that empowers/facilitates/enables access to private market investments. It offers/provides/presents a comprehensive database/repository/catalog of investment opportunities from various/numerous/diverse companies. Registered investors can browse/explore/review these offerings, conduct due diligence, and potentially/may/could participate in rounds/deals/transactions. EquityNet plays a/serves as/acts as a vital/crucial/essential resource for both individual investors and businesses/companies/entrepreneurs seeking capital.

Reg A+ Offerings

Regulation A+, often known as Regulation A Plus, is a rule within the U.S. securities laws that allows private companies to Works with raise capital via public funding . A company conducting a A+ Offering can attain up to tens of millions in capital . These offerings are governed by the Securities and Exchange Commission (SEC) {and offer companies with a streamlined path for public fundraising compared to traditional initial public offerings (IPOs).{

• Important aspects of Regulation A+ include:
• Offering amounts are relatively low compared to IPOs.{
• Reduced regulatory burden.{
• Investor base are primarily accredited parties.To summarize, navigating Regulation A+ crowdfunding requires a comprehensive grasp on the guidelines. Consulting with securities law and investment advisors is highly recommended to navigate successfully this complex regulatory environment.

  Providing Requirements Under Regulatory Oversight

  Successful achieving a financial product involves meeting stringent governing requirements. These requirements often encompass various aspects, such as adherence with statutes, authorization protocols, and transparency standards. Regulators typically set these requirements to ensure investors and promote a stable financial market. Navigating these regulatory obligations is vital for businesses to operate legally in the financial sector.

  Legislation + Investopedia

  Investopedia serves as a comprehensive platform for understanding financial concepts, and regulation plays a pivotal role in this landscape. Whether you're exploring the intricacies of stock exchanges , delving into the details of legal requirements, or simply seeking to grasp the impact of laws and regulations on the financial world, Investopedia offers a wealth of information . Its articles, tutorials, and glossary provide clarity on the evolving regulatory environment, empowering individuals to make educated decisions in the realm of finance.

  My Mini-IPO First JOBS Act Company Goes Public Via Reg A+ on OTCQX

  After months of intensive/dedicated/arduous work and preparation, we are thrilled to announce that our/my/the mini-IPO, powered by the JOBS Act and conducted through a Reg A+ offering, has successfully taken place. Our company/My company/The company, now publicly traded on the OTCQX market, is poised for exponential/rapid/sustained growth as we embark on this exciting new chapter.

  This milestone marks a significant/pivotal/monumental achievement for our team and validates/demonstrates/confirms the strong belief in our vision and products/services/platform. We are incredibly grateful for the support of our investors, advisors, and employees who have been instrumental in making this dream a reality.

  Looking ahead/Moving forward/As we progress, we are focused on expanding/scaling/growing our operations, leveraging/utilizing/harnessing the OTCQX platform to its fullest potential, and delivering exceptional value to our stakeholders/our investors/the market.

  • We encourage you to follow our journey/Stay tuned for updates/Keep an eye on our progress as we navigate this new terrain.
  • Together, we will achieve great things/This is just the beginning of our success story/The future is bright for our company/my company/the company.

  Empower Reg A+ Raises on the Platform

  FundersClub is thrilled to announce it's now allowing Reg A+ raises on its platform. This exciting development offers a new avenue for startups to access capital from the general market. Reg A+ rules provide a streamlined and affordable means for companies to raise capital from a range of investors, featuring both accredited and non-accredited investors. This expansion bolsters FundersClub's dedication to making accessible access to capital for growth-stage companies.

  What is Reg A+
  

  Regulation A+, often referred to as Reg A+, presents a pathway for businesses to attract capital through the public market. Unlike traditional initial public offerings (IPOs), Reg A+ is designed to be more streamlined for smaller businesses. Through this framework, companies can issue their securities directly to the general market.

  Platforms facilitating crowdfunding have emerged as a significant tool for Reg A+ offerings. These platforms bridge companies with potential financiers, often utilizing an online marketplace.

  • Some popular crowdfunding platforms that support Reg A+ offerings encompass

  Regulation A+
  

  A Rule 257 offering is a type of securities offering/registration/transaction that allows companies to raise capital from the public/general investing population/marketplace without having to undergo the complexities/rigors/challenges of a traditional IPO/Initial Public Offering/stock market launch. Companies choose this avenue/path/route because it offers a more streamlined/efficient/affordable process and can be particularly beneficial for startups/small businesses/emerging companies looking to secure funding for growth or expansion.

  • Key benefits of Regulation A+ offerings include:
  • Increased access to capital for companies:
  • Reduced regulatory burdens compared to traditional IPOs:
  • Opportunity to build a wider shareholder base through public exposure/marketing/awareness:

  Reg A+ Offering Rules for Capital Raising

  When it comes to private offerings and fundraising, understanding the nuances of Regulation A+ is paramount. The SEC have established stringent rules and requirements designed to ensure transparency for both businesses seeking capital and backers. A+ Regulation offers a path for companies to raise significant amounts of capital from the general public , subject to specific protocols . Understanding these regulations can be intricate, making it crucial for businesses seeking funding to seek expert counsel .

  • Fundamental principles of Regulation A+ encompass information sharing obligations aimed at providing participants with a comprehensive understanding of the offering.
  • Due diligence play a vital role in ensuring the integrity of offerings under Regulation A+.
  • Ongoing reporting is mandatory to maintain investor confidence .

  SlideShare

  SlideShare acts as a platform for presenting professional and educational content. Users can submit slide decks on a variety of topics, including {marketing to technology{ to personal development. SlideShare is a favorite among professionals, educators, and students to exchange information.

  • You can find a wealth of content covering a spectrum of industries and disciplines.
  • Creating a SlideShare presentation can be easily accomplished.
  • {The platform allows for|You are able to embed audio files to supplement your content's impact.

  Rule A Securities Act of 1933 Jobs Act Subsection 106 Reg A Tier 2 Fundraising

  The Capital Markets Adjustment Act of 2010, also frequently known as the Jobs Act, introduced significant revisions to the Securities Act of 1933. One key inclusion was Rule A Tier 2, a streamlined process for companies to raise capital through equity placements. Reg A Tier 2 permits businesses to offer securities to the public without the detailed registration requirements of a traditional IPO. This path can be particularly beneficial for small and medium-sized enterprises (SMEs) seeking capital .

  • Typically, , Reg A Tier 2 campaigns are limited to acquiring a maximum of ten million dollars per year.
  • Businesses utilizing Reg A Tier 2 must still conform with certain disclosure requirements, but the burden is substantially less than a traditional IPO.

  Regulated by the Securities and Exchange Commission (SEC), Reg A Tier 2 provides a valuable resource for companies to access public capital markets in a more streamlined manner. However, , it is essential for companies exploring this approach to carefully consult with legal and financial advisors to ensure full conformity with all applicable regulations.

  Regulating Text
  

  When dealing with text, regulations play a crucial role. This helps ensure accuracy and avoid issues. {Regulations cantarget various aspects of text, such as structure. They might dictate stylistic choices. By establishing these regulations, we can create a more cohesive and professional tone of written communication.

  Regulation A+ Offering Guidelines A Plus

  When considering a Opportunity with a Regulation A+ offering, it's crucial to thoroughly Review the Conditions. These offerings provide Investors the chance to invest in Emerging companies while benefiting from Specific Guidelines. Regulation A+ presents a Streamlined pathway for companies seeking Funding, allowing them to Secure capital from a broader range of Contributors.

  • Understand the Framework of Regulation A+ offerings.
  • Consider the risks and Potential involved.
  • Consult with a qualified Financial professional.

  Rule A vs. Regulation D FRB

  When navigating the world of securities offerings and bank regulations, understanding the distinctions between Regulation A and Order D issued by the Federal Reserve Board (FRB) is crucial. Regulation A, often known as, a "mini-IPO," provides an exemption from certain registration requirements for offerings of up to a fixed value. In contrast, Regulation D governs private placements and offers exemptions to securities sales to sophisticated purchasers.

  Choosing between these two regulations hinges on several factors, including the scope of the offering, the intended audience, and the issuer's financial status. Carefully assessing these elements is essential to select the suitable regulatory pathway for a successful securities transaction.

  Managing a DPO Within the Organization

  The task of managing a Data Protection Officer (DPO) can be complex, involving a range of methods.

  This typically requires establishing clear policies for their function, securing they have the necessary resources and authority to competently perform their tasks.

  Additionally, regular performance evaluations are often implemented to observe their commitment with data protection legislation and the organization's own guidelines.

  SEC Approves New “Reg A+” Rules for Crowdfunding

  In a landmark/major/significant move to empower/stimulate/foster the crowdfunding industry, the Securities and Exchange Commission (SEC) has approved/finalized/ratified new rules for Regulation A+. This revamped/updated/enhanced regulation, known as “Reg A+”, aims to streamline/simplify/expedite the process for companies/businesses/enterprises to raise capital/funds/investment from the public.

  Under the new rules, small/start-up/emerging businesses will have a greater/wider/more extensive opportunity to access/attract/secure funding through crowdfunding platforms/websites/sites. The SEC believes that these changes will boost/increase/accelerate economic growth and provide/offer/deliver more investment opportunities/choices/possibilities for individual investors.

  The new rules include/New regulations encompass/Key provisions of the revised regulation/These amendments establish several key/important/essential changes, including/such as/among which:

  * Increased/Higher/Elevated funding limits/thresholds/caps.

  * Streamlined/Simplified/Expedited filing and reporting requirements.

  * Enhanced/Improved/Strengthened investor protections.

  The SEC’s decision to update/reform/restructure Reg A+ is expected to have a profound/substantial/significant impact on the crowdfunding landscape, making it more accessible/opening doors wider/creating new avenues for both businesses and investors.

  Regulation D vs. Comparisons Between Reg A and Reg D

  When researching the world of capital raising, you'll discover two key rules : Regulation A+ and Regulation D. While both enable companies to attract investments from the public, they contrast significantly in their application. Regulation A+, often known as a "mini-IPO," permits companies to raise larger sums by selling securities to the general public through a efficient process. In comparison , Regulation D is geared towards targeted fundraising and restricts buyers to a more select group .

  • Moreover, Reg A+ necessitates greater disclosure with the public, while Reg D offers more flexibility in this regard.
  • Therefore, choosing between these two regulations depends factors like the company's financial goals, target demographics, and risk tolerance

  Regulation D

  Regulation D encompasses a set of rules dictating the private placement of securities. Within Regulation D, Rule 506 outlines specific requirements concerning exempt offerings. There areIt is divided intoSeveral variations exist within distinct classifications under Rule 506: Rule 506(b) and Rule 506(c).

  • Rule 506(b) permits issuers to sell securities withoutpublic registration to an unlimited number of accredited investors and a limited number of non-accredited investors.
  • Rule 506(c) allows for offerings solely to accredited investors, with no restrictions on the number of participants.

  Additionally, there is Rule 506D, which provides a structure governing equity crowdfunding offerings. These rules are intended to balance the needs of issuers.

  Series 7 Regulation

  When navigating the complexities of Regulation D, understanding the distinctions between Rule 506(b) and Rule 506(c) is crucial. These rules govern private placements under Section 4(2) of the Securities Act of 1933. Rule 506(b) permits offerings to an unlimited number of accredited investors and up to thirty-five non-accredited investors, while Rule 506(c) allows for unrestricted |general solicitation and advertising but mandates that all investors be certified. A key distinction is the need for due diligence by companies offering securities under these rules.

  The Series 7 exam oftentests these concepts, so familiarity with both Rule 506(b) and Rule 506(c) is vital. Understanding the nuances of each rule can help you assess the appropriate structure for a private placement and navigate the regulatory landscape effectively.

  • Keep in mind: Rule 506(b) offers more flexibility with non-accredited investors, while Rule 506(c) relies on investor accreditation.
  • Consider the specific needs of your offering and the level of careful examination required under each rule.

  Delve into DreamFunded Resources on Regulation A+

  Navigating the complexities of Regulation A+ can be a daunting process for investors and companies alike. Fortunately, DreamFunded provides a wealth of valuable resources to help you comprehend this innovative investment mechanism. Their website is a rich source of data on everything from legal requirements to investment strategies. Whether you're an savvy investor or just starting your journey into Regulation A+, DreamFunded's resources can help you make strategic decisions.

  • Leverage their in-depth manuals to gain expertise the intricacies of Regulation A+
  • Network with a community of investors and businesses
  • Utilize special insights from industry authorities

  Alternative Trading Systems

  The alternative trading system provides a platform for the trading of securities that are not listed on major stock markets. These markets operate outside the regulated structure of traditional exchanges, often offering investors with access to smaller companies and alternative investment possibilities. Transactions on OTC Markets can be more volatile than those on traditional exchanges, as regulations are generally less stringent.

  • Participants in the OTC market should carefully research companies and understand the inherent risks.

  A Tripoint

  A tripoint is a geographic juncture where three boundaries converge. This can refer to the meeting of three states, or it could be the juxtaposition of three geological formations.

  The precise characterization of a tripoint can vary depending on the context. For example, in cartography, a tripoint might be marked by a symbolic marker, while in geology, it could simply be the point where three ecosystems meet.

  Regardless of its form, a tripoint signifies the meeting of different influences. It serves as a special marker on the map, highlighting the complex relationships that shape our world.

  FINRA

  FINRA is a/plays the role of/serves as the largest/leading/primary independent regulator/self-regulatory organization/oversight body for the U.S. securities industry. It oversees/regulates/administers a vast network of broker-dealers and financial advisors/investment professionals/trading firms, working to protect investors and ensure/maintain/promote market integrity. FINRA's comprehensive/expansive/wide-ranging regulatory framework encompasses a myriad/an array/numerous aspects of the securities industry, including brokerage activities, investment products, advertising practices/market surveillance, investor education, dispute resolution.

  • FINRA develops/implements/enforces industry rules and regulations to govern/that govern/governing member firms.
  • Through/By means of/Utilizing its extensive regulatory authority, FINRA strives to/seeks to/aims to prevent fraud/abuse/market manipulation.
  • FINRA also provides/offers/administers a range of investor services/tools/resources, including educational materials, complaint handling procedures, arbitration forums

  A Jumpstart Our Business Startups Jobs Act of 2012

  The Jumpstart Our Business Startups Jobs Act of 2012, also referred to as the JOBS Act, has been a {landmark|groundbreaking|legislation passed by Congress to promote entrepreneurial activity through the United States. This aims to make it more manageable for small businesses to raise capital by relaxing regulations on securities offerings. The JOBS Act has several key provisions, including the ability for companies to promote their offerings more widely, the introduction of crowdfunding as a means to raise capital, and {therelaxation of restrictions on private company fundraising. Proponents of the JOBS Act argue that it will aid small businesses to grow, create jobs, and boost economic development. Critics, however, raise concerns that the Act could result in increased risk for investors and {potentiallyrestrict responsible market behavior.

  Titan Group

  Tycon Group is a rising force in the software sector. Known for its innovative solutions, Tycon regularly pushes the frontiers of what's conceivable. Their commitment to perfection is evident in every facet of their business.

  From modest roots, Tycon has expanded into a multinational powerhouse. Their impact spans across diverse markets, and their brand is synonymous with achievement.

  SEC registry

  Securing registration from the Securities and Exchange Commission (SEC) is a vital step for entities seeking to offer public shares. The SEC examines applications diligently to ensure compliance with federal securities laws. Obtaining SEC registration evidences a company's credibility and provides access to capital sources.

  • Entities must submit a comprehensive offering document detailing their business operations.
  • A may require additional information during the evaluation period.
  • Upon qualification, companies can issue securities.

  Fundraise online

  GoFundMe is a platform to start fundraising campaigns for different goals. Whether it's helping a friend in need, GoFundMe provides a simple solution to collect donations from your network. Create your campaign today and make a difference.

  Indiegogo

  Kickstarter is a platform that enables people to fund creative projects. It's a great way for entrepreneurs to raise the funding they require to bring their ideas to life. Creators can post project pitches and potential backers can contribute various amounts . In compensation, backers may get perks such as early access to the product, exclusive content, or even a chance to collaborate in its development . Kickstarter has evolved into a dynamic community for creativity and innovation, bridging creators with backers worldwide.

  Kickstarter

  Is the project needing some necessary funding? Explore starting a campaign on Indiegogo, a public fundraising platform created to help businesses obtain their dreams. With Indiegogo, you can share your project with the community and attract supporters who believe your idea. From art, Indiegogo offers a broad range of categories to suit various type of project.

  Stock Investment

  Equity investment entails holding shares of ownership in a company. This means you become a partial owner and have the potential to earn from the company's growth. Individuals engage in equity investment through various channels, such as stock exchanges or directly with companies. It is a uncertain investment strategy, but it also offers the possibility for significant returns. Understanding the principles of equity investing is crucial before making any choices.

  Equinety

  EquityNet is a network that connects investors with companies. It provides a space for both parties to connect and facilitate investment. Investors can browse through a selection of pitches from businesses across diverse industries. Businesses can submit their plans on EquityNet and seek funding to help them expand. The site also offers resources and assistance to both investors and businesses, making it a comprehensive system for funding entrepreneurial ventures.

  Plunge into Uncharted Territory

  Venturing into the realm of business is a exciting challenge. It demands boldness to chart a direction through uncertainties. Successful ventures often blossom from a blend of dedication and a willingness to transform in the face of setbacks.

  • Fostering strong roots is paramount.
  • Recognizing a gap in the market can be crucial.
  • Tenacity often distinguishes those who thrive from those who struggle.

  GS

  Goldman Inc. is a renowned investment bank headquartered in New York City. Known for its capabilities in asset management, Goldman Sachs has played a pivotal role in driving the global economy for over a century. The firm is renowned for its talented employees who always aim to deliver exceptional results for clients worldwide. With a long history of success and progress, Goldman Sachs remains a key stakeholder in the global financial industry.

  Merrill Lynch Wealth Management

  Merrill Lynch is a/was a/has been globally recognized financial institution/investment bank/brokerage firm. Established in/Founded in/Originating from New York City in the year/during the year/around the year 1890, it quickly grew to become/maintained its position as/established itself as one of the largest/most prominent/leading firms in the industry. Known for/Renowned for/Famous for its expertise in/range of services/diverse portfolio, Merrill Lynch has consistently delivered/provided/offered a wide array of/comprehensive suite of/extensive selection of financial solutions to individuals, institutions and corporations worldwide/services to a diverse clientele.

  Launch Your Dream Project

  A crowdfunder is a powerful way to bring the capital you need for your endeavor. By connecting with a wider base, you can cultivate investment from individuals who resonate in your mission.

  • Harness the strength of a unified effort to realize your dream
  • Democratize access to investment and remove traditional barriers
  • Foster a tribe of passionate advocates who invest in your cause

  Public Funding Campaigns
  

  The landscape of venture capital has been transformed by the emergence of crowdfunding platforms. Among these, Reg A securities stand out as a vehicle for companies to raise equity from the public. Supported by by the U.S. Securities and Exchange Commission, these rules provide a structure for companies to sell securities to a broader audience. In contrast, Regulation D offers a {private pathway for companies to secure funding from high-net-worth individuals. A key distinction lies in the scale of capital raised, with Regulation A+ Reg A targeting a greater number of investors. Conversely, Reg D offerings often involves a limited number of high-net-worth individuals. To navigate this challenging terrain, companies may leverage the expertise of investment professionals to ensure compliance with regulatory requirements. The SEC filing process for companies seeking public funding through Regulation A Plus can be a lengthy undertaking.

  Funding Campaigns

  In today's dynamic business landscape, startups are constantly seeking innovative ways to raise capital. A plethora of options exist, ranging from traditional venture capital firms to crowdfunding platforms and even alternative lending.

  Entrepreneurs|Startups|Tech Companies can leverage these various avenues to fuel their growth, expand operations, and bring innovative products to market.

  Some notable players in the capital raising ecosystem include SoMoLend, AngelList, as well as platforms like MicroVentures.

  Investors|Individual Investors|Accredited Investors play a crucial role in this process, providing the necessary capital to drive innovation and economic growth.

  The JOBS Act has positively impacted the capital raising landscape by providing greater opportunities for both investors and startups.

  Online Business Funding|Crowdfunding Campaigns|Real Estate Investments have also witnessed a surge in popularity, allowing individuals to participate in investment opportunities previously reserved for institutional players.

  Platforms like EquityNet have democratized the capital raising process, empowering individuals to contribute to ventures they believe in.

  Startup companies often rely on angel funding to get off the ground, while later-stage businesses may turn to Initial Public Offerings to raise substantial equity.

  The future of funding is poised for continued innovation and evolution, with emerging trends like blockchain technology shaping the landscape.