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Shyft Network

Shyft Network

Shyft Network is a Saint Michael, Barbados-based blockchain company.

OverviewStructured DataIssuesContributors

Contents

shyft.network
Is a
Company
Company
Cryptocurrency
Cryptocurrency
Organization
Organization

Company attributes

Industry
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Financial services
Financial services
Blockchain
Blockchain
Finance
Finance
Identity management
Identity management
Cryptocurrency
Cryptocurrency
Location
Barbados
Barbados
Saint Michael, Barbados
Saint Michael, Barbados
United States
United States
B2X
B2B
B2B
CEO
Joseph Weinberg
Joseph Weinberg
Founder
Kris Coward
Kris Coward
Joseph Weinberg
Joseph Weinberg
AngelList URL
angel.co/shyft-network-1
Pitchbook URL
pitchbook.com/profiles...232304-68
Legal Name
Shyft Network Inc
Legal classification
Corporation
Corporation
Date Incorporated
2018
Number of Employees (Ranges)
11 – 50
Email Address
developers@shyft.network0
compliance@shyft.network0
press@shyft.network0
partners@shyft.network0
Full Address
The Goddard Building, 3rd Floor, St Michael , Barbados 11059, BB
Investors
Bitfury
Bitfury
Blockwall Management
Blockwall Management
K300 Ventures
K300 Ventures
White Palm Ventures
White Palm Ventures
Maven 11 Capital (company)
Maven 11 Capital (company)
Black Mamba Ventures
Black Mamba Ventures
The Spartan Group
The Spartan Group
Blockchange Ventures
Blockchange Ventures
...
Latest Funding Round Date
September 2018
Competitors
ACDX Exchange Governance Token
ACDX Exchange Governance Token
CoinDCX
CoinDCX
Stock Symbol
SHFT
Exchange
Bitfinex
Bitfinex
Gate.io
Gate.io
KuCoin Exchange
KuCoin Exchange
Uniswap
Uniswap
ZTB
ZTB
Hotbit Exchange
Hotbit Exchange
Jubi
Jubi
MEXC Global
MEXC Global
CTO
Chris Forrester
Chris Forrester
Latest Funding Type
Seed
Seed
Wellfound ID
shyft-network-1

Cryptocurrency attributes

Ticker Symbol
SHFT0
Maximum Supply
2,520,000,000
Block Explorer URL
shyft.network
etherscan.io/token/0x...fBCF52D85
etherscan.io/address/...fBCF52D85
Announcement URL
shyft.network/newsroom

Other attributes

Circulating Supply
236,006,177.02
CoinGecko ID
shyft-network0
Company Operating Status
Active0
Strategic Partnerships
Panther Protocol
Panther Protocol
Covalent
Covalent
BurstIQ
BurstIQ
Contact Page URL
shyft.network/contact
Cryptocurrency Symbol
SHFT
Invested in
TomoChain
TomoChain
Market Capitalization
24,479,253
Medium URL
medium.com/@shyftnetwork
Partner Organizations
Polygon
Polygon
0
‌
Perseid Ltd
0
CasperLabs
CasperLabs
0
TomoChain
TomoChain
0
BurstIQ
BurstIQ
0
Algorand
Algorand
0
Jaxx
Jaxx
0
Chainlink (cryptocurrency)
Chainlink (cryptocurrency)
0
...
Token Standard
ERC200
Total Supply
2,520,000,0000

Shyft Network is a cryptocurrency-based company founded by Chris Forrester, Joseph Weinberg, and Kris Coward in 2017. It developed a public blockchain protocol designed to aggregate and validate data stored on public and private ecosystems. It was founded by Joseph Weinberg and Kris Coward. The company was established in 2017 in Bridgetown, Barbados.

Shyft Network is a public blockchain protocol for aggregating, verifying and validating data that is stored in private and public ecosystems, as well as permissioned and permissionless networks.

The stated goal of ​​the project developers is to create an easy-to-use and secure platform for KYC/AML identification and user certification and via blockchain, reduce storage costs and increase efficiency.

Veriscope is Shyft’s blockchain-based compliance framework and smart contract solution for virtual asset services providers (VASPs), such as crypto exchanges, non-custodial wallets and brokerage firms. This is to comply with the Financial Action Task Force (FATF) Travel Rule. FATF is an intergovernmental organization focused on countering money laundering and terrorism financing.

Product

There are three initial use cases for the Shyft Network: compliance with the FATF Travel Rule using Veriscope smart-contract platform; bridging DeFi and large liquidity providers by regulatory compatibility; KYC process for government digital identity systems in partners like financial institutions, healthcare providers, telecoms and government agencies.

Shyft Safe is an accounting software built on smart contracts that manages and protects assets. It works by ensuring a secure asset is cross-validated.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Joseph Weinberg, Co-Founder of Shyft Network | Blockchain Interviews

https://www.youtube.com/watch?v=cln5aD2p0NM

Web

December 23, 2021

References

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