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Canadian publicly traded company Republic, licensed by the Sign Foundation... expanding Ethereum-based verification infrastructure
Republic Technologies, which operates Ethereum-based verification infrastructure, has begun expanding digital public notice and capital market infrastructure by introducing the core blockchain verification technology of Sign Foundation.
According to Investing.com, on the 14th (local time), Republic Technologies Inc., a company listed on the Canadian Securities Exchange (CSE), signed a global software licensing agreement for its core technology stack this month with Sign Foundation, a blockchain-based verification company.
Under the agreement, Republic will obtain the right to non-exclusively use Sign’s “S.I.G.N.” architecture worldwide.
The S.I.G.N. architecture consists of a full-chain proof framework ▲Sign Protocol, which can generate and verify structured information on the blockchain, and ▲Sign App, an auditable and difficult-to-forge digital contract management system.
Currently, Republic—operating a validator infrastructure based on Ethereum (ETH) financial structures—plans to use this license to strengthen its capability to develop proof and verification functions across digital contracts, public notices, and the overall capital markets business.
Xin Yan, co-founder and CEO of Sign Foundation, said: “Investors will be able to participate in the newly built digital verification infrastructure across multiple countries and markets in a more transparent and verifiable way.” He also said: “Republic’s public notice system and transparency standards are highly aligned with Sign’s business direction toward government and enterprise clients.”
Daniel Liu, CEO of Republic Technologies, said: “Our company’s strategy is to enable shareholders to invest, with full disclosure and verification, in the core technology fields that make up the infrastructure of the next generation of the internet.” He added: “Sign’s verification technology occupies an important pillar position in this strategy.”
After the two companies confirmed the signing of the licensing agreement, they also signed a business memorandum of understanding (MOU) aimed at discussing potential plans for further cooperation in the future.
This includes developing a joint technical framework for publicly listed company issuers, researching verifiable credentials and programmable capital, and advancing pilot projects related to Sign’s existing public sector clients.
It is also reported that the two sides are exploring the possibility of technical linkage between Republic’s Ethereum verification activities and Sign’s proof network.