On 9/24 our team conducted a webinar with GreenBook on the slew of data privacy laws that have been recently implemented such as GDPR and CCPA and the many, many more that are in various stages of ratification. We then focused on how the Veriglif model works as a comprehensive compliance layer and a data liquidity marketplace, with an in depth view of the architecture and features of the system. We had almost two hundred attendees, which was wonderful and had many, many great questions from the audience!
Our general position is that all the laws in play have common principles that Veriglif can ensure compliance on:
We do this by leveraging our technology to create a compliance framework that guarantees six key features for all data stakeholders:
Specifically, the blockchain layer of the network delivers on three critical elements necessary for compliance:
And of course, all while actually unlocking greater usage, volume, and value for the key stakeholders in the value chain:
You can download the presentation using this link:
Wefunder supports three different federal laws that allow startups to raise money legally. To comply with the law, Wefunder Advisors LLC and Wefunder Portal LLC (both owned by Wefunder Inc) also list startups depending on the regulation used.
Legal May 16th 2016
Wefunder Portal LLC
for 369 startups
Wefunder Advisors LLC
for 109 startups
for 3 startups
Curious how well the companies have done? Or how many raised follow-on financing?
Some fine print: 1) These numbers include startups currently live on Wefunder if they pass their minimum target. 2) Some startups use two different laws at the same time (i.e., Regulation D and Regulation Crowdfunding).
Join 640,479 investors who funded 456 startups with over $165.5 million1
wefunder.com/updates/126271-veriglif-and-privacy-law-compliance-presentation is managed by
Wefunder Portal LLC.
Wefunder Inc. runs wefunder.com and is the parent company of Wefunder Advisors LLC and Wefunder Portal LLC. Wefunder Advisors is an exempt reporting adviser that advises SPVs used in Reg D offerings. Wefunder Portal is a funding portal (CRD #283503) that operates sections of wefunder.com where some Regulation Crowdfunding offerings are made.
Wefunder, Inc. operates sections of wefunder.com where some Regulation D and A offerings are made. Wefunder, Inc. is not regulated as either a broker-dealer or funding portal and is not a member of FINRA.
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