Author: cs_admin

One of the largest mobile providers in Austria is planning to accept cryptocurrency for payment at certain store locations. A1, which services some 5.1 million mobile and 2.1 million fixed lines across Austria, is testing cryptocurrency payments at store locations across Austria. Dash, ethereum, litecoin, stellar and XRP will be available for payment,...

블록체인 기반 글로벌 종합 부동산 서비스 플랫폼 사업 진출 [보안뉴스 원병철 기자] 한컴그룹 계열사인 ‘한컴위드(대표 노윤선, 구 한컴시큐어)’가 블록체인 사업 다각화를 위해 글로벌 종합 부동산 서비스 시장에 진출한다. 한컴위드는 블록체인 기반의 글로벌 종합 부동산 서비스 플랫폼 사업을 위해 자회사인 ‘한컴드림텍’을 설립하고, 인공지능, 가상현실(VR) 등 첨단 기술을 부동산과...

Vanguard, the 44-year-old mutual giant famous for popularizing index investing, has completed one of the most noteworthy implementations of blockchain technology for a financial institution to date. It’s now using blockchain—the distributed ledger software that underpins cryptocurrencies like bitcoin—to help manage data for some of...

What is a Utility Token?

 

Utility tokens are simply app coins or user tokens. They enable future access to the products or services offered by a company. Therefore, utility tokens are not created to be an investment.

 

Just like an electronics dealer might accept orders for a video game that will be released several months later, a startup can create utility tokens and sell digital coupons for the services or products it is developing.

What is a Security Token?

 

A security token is a digital asset that derives its value from an external asset that can be traded. Therefore, these tokens are subject to federal laws that govern securities. Failure to comply with these regulations could result in severe consequences including penalties and potential derailment of the development of a project.

 

Security tokens can offer a vast array of applications if the startup abides by all the regulatory requirements. The most promising of these features is the ability to offer tokens as a digital representation of shares of a company’s stock.