Welcome to our November update!


Korporatio aims to create a new generation of cutting edge, truly global businesses, led by entrepreneurs who are citizens of the world. A new era in which everyone is empowered to incorporate, innovate and realise their dreams.



November has been a month of fighting back. After all the issues that happened in the last month, these 30 days have been a super important ‘do or die’ situation. We are on a path with some big changes and achievements that to be honest, I can’t wait for you to read everything that happened in this short period of time.


The coding side has seen a lot of updates, so many that I will go with bullet points for this part: 

  • Back-end updated to a new version of Truffle;
  • Updated code structure to reduce gas cost during deployment;
  • WordPress updates and therefore having to fix quite a lot of things there (yes, the logo for example);
  • Modified notification system to ensure no bottlenecks in the flow;
  • Setting up payments orders with Paypal, Stripe and Coinbase Commerce;

Just a quick note that I think is worth sharing: we have managed to deploy an entire Smart Company at the cost of 1 simple gwei. 

Yes, ETH price dropping and the market crashing certainly has something to do with it, but it still counts as a good result, as this will allow us to create inventory and hopefully give away some nice surprises 😉

Regarding the updates on the website, the coding part is  finally complete. The reason why the new website is still not live is because we are waiting to get approval for a bank account in Singapore so we can connect the payments system and set everything live. I believe we should manage to do so by the end of the year. If this doesn’t happen we will probably go for a simple TransferWise integration and that’s it. 

Gas Station development didn’t slow down, and even in this case, we are on track to deliver the final update of the year. But more about it next month!


On 26th of November our Davide went on stage in Malta at a conference organized by FinanceMalta. Why is this on an entire specific section and not just on the marketing part? 

Well, because we have managed to announce a new product!

I could tell you the entire story from the beginning, but let’s be honest, you want the news, straight and simple: Korporatio will be launching a fully compliant solution to issue STOs via Smart Companies!

The Smart Company will be located in Malta, and that will also open the doors to the European market as that is the only missing continent for Smart Companies.

Let’s put it in an even easier way: Smart Companies are a full-package solution for everything you need to setup an entity.

In this specific case, the STOs package will be, once again, a full-package solution where the only thing you need to work on is the marketing to your offering. 

We are aiming to present the product with one of the most competitive offerings out there. Our goal on this is quite simple: ‘To offer something so simple and affordable that even your grandma can run an STO’.

But let’s be a little bit more specific about this. Every STOs will need to have a prospect approved by MFSA (Malta Financial Services Authority). So, if you are a wanna-be trying to raise easy money with a simple formula of getting-rich-quick, please, feel free to go somewhere else, because we are not even going to touch you. 

So what’s next?

We are going to run a pilot very soon with a simple STO experiment. The reason behind this experiment is for two main reasons: 

  1. There are a lot of stakeholders involved in something like this and we need to ensure everybody works smoothly;
  2. It will be a first for us, switching from regtech to fintech and as we want to have the product in mass production as soon as possible, we need to be sure we can match our internal expectations. 

We are planning to launch this product in Q1 2020, and it will be available to everybody in the European Union. 


1,100 followers on LinkedIn! At this point we are aiming to 2,000 followers by the end of Q1 2020. Yes, difficult result, but if it is not challenging it is not fun.  

I had the pleasure to visit the BlockShow in Singapore. Thank you Publish0x for the ticket. I met many people and I’m so happy to see so many new projects coming to life. Some of the meetings are probably going to bring some good opportunities for the company, but as usual, time will tell. 

Techcryption has wrote an entire article about us. We love it!

Also, Fintechnews.sg has included Korporatio as one of the companies that is pushing the blockchain ecosystem in Singapore


Last and very fast: integration with SelfKey has been completed. All green lights have been matched and we are ready to go live

Also, our partners at Blockpass have released their new dashboard and updated product. This brings the user experience of running KYCs for owners of Smart Companies even easier. 

If you have a lot of shareholders in your company, this part is for you. The entire process for the KYC has gone down to the easiest possible level by today’s laws. You just have to send a QR code (Blockpass) or URL (Selfkey) to the person you want to add to your Smart Company, that’s it. The person will provide information, copy of ID, proof of address and a selfie with the ID. Once the user is approved, we will send the URL of your Smart Company to the user and he or she will be able to join your company. 

KYC checks still require a human integration today, so if in the future AI and facial recognition software will be able to bypass this, we will be able to fully automate that part as well. That said, however, even today, compared to traditional solutions in the incorporation services industry, I think we are quite a bit ahead of the curve. 

As usual, if you want to chat, join our Discord or send us an email at future@korporatio.com.