Crowdfunding continues to disrupt the financial landscape, offering new ways 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 success.

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

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

Navigating Regulation A+ in the realm of Startups

Regulation A+, a relatively new fundraising mechanism, presents a special opportunity with startups seeking to secure capital. This tier of SEC regulation permits companies to widely offer their securities to the broad public, thereby broadening their potential investor base.

Startups contemplating Regulation A+ should meticulously assess its relevance to their specific circumstances.

• Essential factors to ponder include the nuances of the regulatory process, adherence requirements, and the potential costs linked with this fundraising route.
• Additionally, startups should formulate a comprehensive investor engagement strategy to effectively transmit information about their business and the conditions of the offering.

Pursuing expert guidance from legal professionals is crucial to navigate the complexities of Regulation A+ and ensure a seamless fundraising effort.

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 advantages for both companies and investors.

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

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

Regulation A+ - 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.

Masses Crowdfunding

The world of finance is undergoing a revolution, fueled by the power of collective action. Previously limited, access to funding is now within reach of everyday people thanks to innovative crowdfunding platforms. These platforms facilitate individuals and startups to gather capital directly from the public.

Forget about when financial support was solely controlled by conventional institutions. Crowdfunding has empowered the funding landscape, allowing anyone with a worthy idea to secure the resources they need to make their dream a reality.

From creative ventures to social initiatives, crowdfunding has become a powerful tool for driving change. Individuals can now directly contribute to causes they care about and play an active role in shaping the future.

StreetShares

StreetShares is an innovative online platform that connects small businesses with alternative investors. It provides businesses with opportunities for financing, empowering them to grow. By disrupting the lending landscape, StreetShares encourages small businesses to achieve success in their communities.

• StreetShare offers a variety of financing options tailored to the needs of small businesses.
• Their online tools is known for its simplicity, making it available for entrepreneurs of all types
• StreetShares has helped thousands of small businesses to succeed since its establishment.

Unlocking Regulation A+ for Prolific Fundraising

Regulation A+ has emerged as a effective tool for companies seeking to raise funding in the public markets. This innovative regulatory framework enables businesses to secure investment from a broad range of backers. By utilizing the versatility of Regulation A+, companies can optimize their fundraising efforts, ultimately fueling their expansion.

To efficiently utilize Regulation A+ for fundraising, businesses should carefully develop a comprehensive offering pitch. This document should succinctly articulate the company's vision, market opportunity, and investment estimates.

Additionally, companies need to build a robust network with qualified financial advisors who are proficient 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 Reg A Plus, is a rule within the U.S. securities laws that allows private companies to raise capital through public contributions. A company conducting a Reg A+ Offering can seek up to tens of millions in funds. These offerings are governed by the Securities and Exchange Commission (SEC) {and grant companies with a streamlined path for public fundraising compared to traditional initial public offerings (IPOs).{

• Important aspects of Regulation A+ include:
• Capital raise limits are relatively low compared to IPOs.{
• Reduced regulatory burden.{
• Potential investors are primarily accredited investors .To summarize, navigating Regulation A+ crowdfunding requires a thorough understanding of the framework. Consulting with securities law and financial professionals is crucial to ensure compliance this regulatory landscape.

  Providing Requirements for Regulation

  Successful implementing a financial product involves meeting stringent regulatory requirements. These requirements often encompass various aspects, including adherence with legislation, licensing protocols, and transparency standards. Supervisory bodies typically define these requirements to protect investors and foster a stable financial system. Understanding these regulatory expectations is crucial for organizations to conduct compliant in the financial industry.

  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 compliance , or simply seeking to grasp the impact of laws and regulations on the financial world, Investopedia offers a wealth of content . Its articles, tutorials, and glossary provide insights on the evolving regulatory environment, empowering individuals to make savvy decisions in the realm of finance.

  My Initial Public Offering (IPO) via Reg A+ for my First JOBS Act Company is Now Live on the 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 supporting Reg A+ funding campaigns on its platform. This exciting development opens a new avenue for startups to attract capital from the general investor base. Reg A+ guidelines offer a streamlined and affordable means for companies to raise capital from a range of investors, such as both accredited and non-accredited investors. This enhancement bolsters FundersClub's commitment to democratizing access to capital for promising companies.

  What is Reg A+
  

  Regulation A+, often referred to as Reg A+, presents a pathway for businesses to secure capital through the public market. Compared to traditional initial public offerings (IPOs), Reg A+ is designed to be more simplified for emerging businesses. Through this process, companies can issue their securities directly to the general market.

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

  • Several popular crowdfunding platforms that facilitate Reg A+ offerings include

  Rule 257 Offering
  

  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:

  Regulation A+ Guidelines for Fundraising

  When it comes to private offerings and fundraising, understanding the nuances of Regulation A+ is paramount. Government agencies 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 procedures . Complying with these regulations can be challenging , making it crucial for companies planning an offering to seek expert guidance .

  • Key elements of Regulation A+ comprise information sharing obligations aimed at providing participants with a comprehensive understanding of the offering.
  • Vetting play a critical role in ensuring the legitimacy of offerings under Regulation A+.
  • Ongoing reporting is expected to maintain investor confidence .

  SlideShare

  SlideShare is a platform for displaying professional and educational content. Users can submit their own slides on a variety of subjects, ranging from {marketing to technology{ to personal development. SlideShare is a favorite among professionals, educators, and individuals to exchange information.

  • Discover a wide variety of slides on almost any topic imaginable.
  • Developing a SlideShare deck is relatively simple.
  • {The platform allows for|You are able to embed interactive elements to enhance your content's impact.

  Regulation A Securities Act of 1933 Jobs Act Subsection 106 Reg A Tier 2 Offering

  The Financial Markets Reform Act of 2010, also frequently known as the Jobs Act, introduced significant amendments to the Securities Act of 1933. One key inclusion was Regulation A Tier 2, a streamlined pathway for companies to raise capital through equity placements. Reg A Tier 2 enables businesses to offer securities to the public without the rigorous registration requirements of a traditional IPO. This alternative can be particularly helpful for small and medium-sized enterprises (SMEs) seeking capital .

  • Typically, , Reg A Tier 2 campaigns are limited to procuring a maximum of fifteen million dollars per year.
  • Businesses utilizing Reg A Tier 2 must still comply with certain reporting requirements, but the responsibility is significantly less than a traditional IPO.

  Controlled 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 expeditious manner. However, , it is essential for companies exploring this avenue to carefully review with legal and financial advisors to ensure full adherence with all applicable regulations.

  Managing Text
  

  When managing text, regulation is essential. This helps ensure accuracy and prevent issues. {Regulations can address various aspects of text, such as structure. They might dictate stylistic choices. By establishing these regulations, we can achieve clarity and readability of written communication.

  Legislation A+ Offering Regulation A Plus

  When considering a Venture with a Regulation A+ offering, it's crucial to thoroughly Review the Details. These offerings provide Individuals the chance to invest in Emerging companies while benefiting from Defined Regulations. Regulation A+ presents a Streamlined pathway for companies seeking Capital, allowing them to Secure capital from a broader range of Participants.

  • Comprehend the Structure of Regulation A+ offerings.
  • Consider the risks and Rewards involved.
  • Consult with a qualified Legal professional.

  Provision A vs. Regulation D FRB

  When navigating the world of securities offerings and bank regulations, understanding the distinctions between Rule A and Order D issued by the Federal Reserve Board (FRB) is crucial. Regulation A, often referred to as, a "mini-IPO," provides an exemption from certain registration requirements for offerings of up to a defined sum. 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 target market, and the issuer's funding requirements. Carefully analyzing these elements is essential to select the suitable regulatory pathway for a successful securities transaction.

  Regulating a DPO Internally

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

  This typically involves establishing clear guidelines for their function, securing they have the appropriate resources and authority to effectively perform their functions.

  Furthermore, regular activity assessments are often implemented to observe their commitment with data protection laws and the organization's own policies.

  Regulates Crowdfunding With 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.

  Offerings vs. Differences Between Reg A and Reg D

  When researching the world of securities offerings , you'll encounter two key frameworks: Regulation A+ and Regulation D. While both allow companies to secure funding from the public, they vary significantly in their application. Regulation A+, often known as a "mini-IPO," enables companies to raise significant amounts by distributing securities to the general public through a streamlined process. In juxtaposition, Regulation D is geared towards smaller offerings and restricts buyers to a more select group .

  • Moreover, Reg A+ demands greater information sharing with the public, while Reg D offers more flexibility in this regard.
  • Therefore, choosing between these two regulations depends factors like the company's capital requirements , target demographics, and regulatory compliance

  Rule 506

  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 privately 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.

  Furthermore, there is Rule 506D, which provides a framework regulating equity crowdfunding offerings. These rules are aimed at facilitate capital formation for issuers.

  The Regulation D Cheat Sheet

  When navigating the complexities of Regulation D, understanding the distinctions between Rule 506(b) and Rule 506(c) is vital. 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 twenty non-accredited investors, while Rule 506(c) allows for unlimited|general solicitation and advertising but mandates that all investors be qualified. 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 indispensable. Understanding the nuances of each rule can help you determine 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.
  • Evaluate 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 enterprises alike. Fortunately, DreamFunded provides a wealth of valuable resources to help you comprehend this innovative funding mechanism. Their platform is a rich source of knowledge on everything from compliance requirements to fundraising strategies. Whether you're an experienced investor or just starting your journey into Regulation A+, DreamFunded's resources can help you make strategic selections.

  • Harness their in-depth guides to gain expertise the intricacies of Regulation A+
  • Connect with a network of individuals and companies
  • Access exclusive analysis from industry authorities

  Over-the-Counter (OTC) Markets

  The OTC market provides a platform for the trading of securities that are not listed on major stock exchanges. These markets operate outside the regulated framework of traditional exchanges, often offering investors with access to undervalued companies and alternative investment avenues. Transactions on OTC Markets can be more speculative than those on traditional exchanges, as guidelines are generally less stringent.

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

  An Intersection Point

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

  The precise description of a tripoint can vary depending on the context. For example, in cartography, a tripoint might be marked by a physical monument, while in ecology, it could simply be the point where three ecosystems meet.

  Regardless of its manifestation, a tripoint demonstrates the interplay of different influences. It serves as a unique point on the map, highlighting the complex interactions 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

  An Jumpstart Our Business Startups Jobs Act of 2012

  The Jumpstart Our Business Startups Jobs Act of 2012, also called as the JOBS Act, was a {landmark|significant|legislation passed by Congress to promote entrepreneurial activity within the United States. This aims to make it easier for small businesses to raise capital by modifying regulations on securities offerings. The JOBS Act has several key provisions, including the option for companies to advertise their offerings more widely, the introduction of crowdfunding as a means to raise capital, and {themodification of restrictions on private company fundraising. Supporters of the JOBS Act argue that it will aid small businesses to thrive, generate jobs, and boost economic growth. Critics, however, express concerns that the Act could cause increased risk for investors and {potentiallystifle responsible market behavior.

  Titan Group

  Tycon Industries is a leading entity in the manufacturing sector. Known for its revolutionary products, Tycon continually pushes the frontiers of what's conceivable. Their commitment to excellence is evident in every component of their operations.

  From humble origins, Tycon has expanded into a multinational giant. Their influence spans across various industries, and their brand is synonymous with success.

  SEC qualification

  Securing approval from the Securities and Exchange Commission (SEC) is a vital step for companies seeking to raise capital. The SEC examines applications thoroughly to ensure conformity with federal investment guidelines. Obtaining SEC qualification illustrates a company's credibility and grants access to investors.

  • Organizations must file a comprehensive prospectus detailing their investment strategy.
  • A may demand additional clarifications during the evaluation period.
  • Once approved, companies can begin raising capital.

  Support a cause

  GoFundMe provides an avenue that enables fundraising campaigns for different goals. Whether it's supporting a worthy cause, GoFundMe makes it easy to collect donations from the community. Join the GoFundMe movement and make a difference.

  Crowdfunding

  Kickstarter is a platform that enables people to support creative projects. It's a popular way for entrepreneurs to get the funding they require to bring their ideas to life. Creators can post project pitches and potential backers can donate various amounts . In exchange , backers may get rewards such as early access to the product, exclusive content, or even a chance to contribute in its creation . Kickstarter has grown into a thriving community for creativity and innovation, linking individuals with audiences worldwide.

  Indiegogo

  Is your project struggling some additional funding? Think about creating a campaign on Indiegogo, a crowdfunding platform designed to help creators fund their goals. With Indiegogo, you can share the project with the audience and secure supporters who support your idea. From art, Indiegogo offers a wide range of categories to accommodate all type of project.

  Equity Investment

  Equity investment entails holding shares of ownership in a company. This means you become a partial owner and have the potential to gain from the company's success. Investors 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 opportunity for significant profits. Understanding the aspects of equity investing is crucial before making any choices.

  Equinety

  EquityNet is a site that connects funders with businesses. It provides a space for both parties to interact and enable funding. Investors can search through a variety of pitches from businesses across different industries. Businesses can submit their plans on EquityNet and attract funding to help them develop. The network also offers guidance and assistance to both investors and businesses, making it a integrated solution for financing entrepreneurial ventures.

  Embark into Novel Territory

  Venturing into the sphere of innovation is a daunting challenge. It demands boldness to forge a path through complexities. Successful ventures often manifest from a combination of passion and a willingness to evolve in the face of setbacks.

  • Cultivating strong bases is paramount.
  • Discovering a gap in the market can be pivotal.
  • Tenacity often differentiates those who succeed from those who falter.

  The Investment Bank

  Goldman Group is a renowned global firm headquartered in New York City. Known for its strengths in trading, Goldman Sachs has played a pivotal role in influencing the global financial landscape for over a century. The firm is renowned for its highly skilled GoFundMe workforce who always aim to deliver exceptional results for clients worldwide. With a long history of success and innovation, Goldman Sachs remains a leading player in the global financial industry.

  Merrill Lynch

  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 1920, 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.

  Kickstart Your Dream Project

  A community campaign is a powerful way to attract the support you need for your venture. By engaging with a wider audience, you can generate backing from backers who support in your idea.

  • Leverage the strength of a unified effort to actualize your ambition
  • Empower access to funding and overcome traditional barriers
  • Build a community of passionate supporters who champion your project

  Public Funding Campaigns
  

  The sphere of venture capital has been disrupted by the emergence of funding marketplaces. Among these, Reg A securities stand out as a avenue for companies to raise capital from the public. Underpinned by the Securities and Exchange Commission (SEC), these guidelines provide a framework for companies to offer securities to a broader audience. Alternatively, Securities Act exemptions offers a {private less regulated avenue for companies to attract investments from qualified buyers. A key difference lies in the scale of funds procured, with Regulation A+ Reg A targeting a larger pool of investors. Conversely, Regulation D often involves a smaller circle of qualified buyers. To navigate this challenging terrain, companies may utilize the expertise of financial advisors to ensure compliance with regulatory requirements. The SEC filing process for companies seeking public funding through Regulation A+ Reg A can be a extensive undertaking.

  Fundraising

  In today's dynamic business landscape, entrepreneurs are constantly seeking innovative ways to attract investment. A plethora of options exist, ranging from traditional angel investors firms to equity crowdfunding 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 funding ecosystem include CircleUp, AngelList, as well as platforms like Cash From the Crowd.

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

  The JOBS Act has positively impacted the investment landscape by providing greater access for both backers and companies.

  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 Kickstarter have democratized the investment process, empowering people to contribute to ventures they believe in.

  Early-stage companies often rely on venture capital to get off the ground, while later-stage businesses may turn to IPO's to raise substantial funds.

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