To reach major corporations, institutions, fintech companies, and startups with blockchain solutions, Polkadot can achieve significant progress through this proposal. As a trusted provider of regulated custody solutions in Spain and Andorra, [Onyze](https://www.onyze.com/en/)  will facilitate Polkadot's entry into these markets, emphasizing its expertise in business development and regulatory compliance.
 With a proven track record of serving large corporations, including banks, Onyze offers unparalleled experience in interpreting client needs and ensuring regulatory compliance.

Onyze has access to a network of companies seeking to integrate blockchain technology. Through strategic meetings, Onyze aims to guide these companies in transitioning from conceptual ideas to tangible products.

This collaboration signifies a significant milestone for Polkadot's expansion into the Spanish and Andorran markets. 


For more information, please read the complete proposal [here](https://docs.google.com/document/d/15iW5NKLrsXPrjpAu-t5tt9d-KdWK6nHPwlQTV_HcyoA/edit?usp=sharing).

**First report,** Update 15-03-2024 - [Link to Report](https://docs.google.com/document/d/1JEwXBSHl8QBIgYLu_jKGp9ir7G0FIEf7GZAwIY2r_TM/edit?usp=drive_link)

[Onyze](https://www.onyze.com/en/) is a leading digital asset custody solution provider based in Spain and Andorra. Since its founding in 2019, the company has emerged as a reference point for regulated digital asset custody services in the region. As a registered exchange and custody provider at the Bank of Spain, Onyze fully complies with regulations and works closely with the National Securities Market Commission (CNMV) in the first and second regulatory Sandboxes.

The proposal aims to overcome the challenge Polkadot may face in bringing its blockchain solutions to the Spanish and Andorran markets by providing a regulated avenue for institutional clients, such as banks and corporations, to access the benefits of the Polkadot ecosystem.

The integration of Polkadot into the Onyze custody solution would provide a secure and compliant way for financial institutions and other organizations to store, receive, transfer, and trade DOT tokens. This would enable users to leverage the benefits of Polkadot's interoperability between different blockchains, its scalability, and its secure platform for decentralized applications and services.

Onyze, as a reputable regulated custody solution provider in Spain and Andorra, can help bridge the gap between Polkadot and institutional clients. Onyze has a proven track record of working with large corporations, including banks, and it has the expertise to translate the needs of these clients and support regulatory compliance. This makes Onyze the best option for the Polkadot ecosystem to access the Spanish and Andorran markets due to its relationship with stakeholders and experience with large corporations.

The success of the proposal will be measured by the achievement of success metrics, which include bussines development and increased adoption by corporate companies and organizations.

Developing new use cases and applications would involve working with partners and clients to identify areas where blockchain technology could improve existing processes or create new business opportunities. This would help to expand the Polkadot ecosystem and attract more companies and institutions as partners.


For more information, please read the complete proposal [here](https://docs.google.com/document/d/15iW5NKLrsXPrjpAu-t5tt9d-KdWK6nHPwlQTV_HcyoA/edit?usp=sharing).

Providing Access to Corporate Companies and Organizations for Polkadot Ecosystem

Democracy

- **Problem Statement:** To expand Polkadot's reach to major corporations, institutions, fintech companies, and startups with blockchain solutions.
- **Significance:** Onyze's expertise in regulated custody solutions and business development can facilitate Polkadot's entry into Spanish and Andorran markets.
- **Proposed Solution:** Collaboration with Onyze to leverage their experience and network for guiding companies in integrating blockchain technology.
- **Expected Outcomes:** Enhanced market presence for Polkadot in Spain and Andorra through strategic partnerships and regulatory compliance.

#343 Business Expansion with Fintech, Corporate and Institutions in Spain and Andorra

No Active Proposals