Stock Blockchain Trading Platform – BlackStar Enterprise Group, Inc.’s (OTCPINK: BEGI) ($BEGI) interview with Joesph Kurczodyna, CEO.

Jan 16, 2024

New to The Street’s TV Host Jane King talks with Joseph Kurczodyna, CEO of BlackStar Enterprise Group, Inc. (OTCPINK: BEGI) ($BEGI), about the Company’s digital trading platform for common stocks. Since 2017, BlackStar Enterprise has focused on unique and novel innovations inspired by token/coin crypto trading. The Company developed its “BDTP™” (BlackStar Digital Trading Platform™), a centralized blockchain platform for digitally trading public companies’ stocks. In October 2023, the Company was issued its first patent for its digital platform and currently has four other patents pending. Joseph explains the differences between decentralized and centralized platforms, with the decentralized trading platforms operating without regulatory approvals. Designed as a centralized blockchain, BDTP™, when it becomes available, will run under regulatory approvals and broker-dealer compliances. BlackStar was originally a merchant banking entity that looked to fund early-stage companies. Still, Joseph realized the potential of using a blockchain for trading shares and moved the Company’s mission to develop BDTP forward. Discouraged investors don’t like the market maker controls and other market mechanisms, which give unfair advantages, eliminating best bid-ask prices when buying/selling shares on stock exchanges. BDTP™ allows for converting shares into a digital wallet, and then the wallet holding digital stock values can be integrated into a current broker-dealer trading platform to execute timely and efficient trades. Brokers will only see the completed transaction, the trades will have no market maker interferences, and the blockchain records all trade transactions. BDTP expects to meet US SEC and FINRA regulatory requirements as a fully encrypted centralized trading platform. Once fully operational, shareholders can control their trades, cutting out the market makers, and should expect better-executed prices on trades. The Company expects to generate fees from brokers and public companies who use the platform, a new transparent, centralized blockchain approach to trading public securities. The interview will air on the FOX Business Network on Monday, January 15, 2024, at 10:30 PM PT.

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