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Our Crowdfunding Network Is Growing Part 69
This was a great week. We got more good news today that one of our back end service providers is going to implement new accreditation checks that will be seamless on our site. Our current solution has awkward hops to another site, which investors find very confusing. Additionally, this service will allow investors to select other reasonableness items for accreditation, many of which are less scary to investors and they're more likely to do.
We have basically determined that version next of the site will implement this new service for accreditation. We'll also be implementing site flows for Title IV in preparation for using that exemption for our new debt fund. Once the back end functionality is ready we'll also be implementing international money processing which we can pair with Regulation S and a separate set of documents to receive foreign funds.
The most exciting part of our next set of technology will be implementing the APIs served up to allow licensed securities folks to sell our shares. We're working through both the legal and the technical items for this. Once this is ready it will reduce the need to work with an institutional financier. We'll continue working on these relationships though because I think it will benefit us and our partner companies long term.
Hopefully we can get all of this done in 2015 and roll into 2016 with a handful more deals under our belt and the framework for ramping things up a great deal next year. Our funding efficiency and marketing processes should all get better as the year wears on as well. We're getting better at measuring inbound traffic and what pulls, but this still needs a lot of work.
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