04 Dec 2017
Simple Token aims to bring the power and marketability of the token economy to mainstream business and everyday use-cases through an end-to-end B2B service offering.
We break down the goals of Simple Token as follows:
1) Establishment of a platform named as ‘OpenST’ which enables the creation of utility tokens on a utility blockchain and staked by crypto-assets.
2) Operability and bridging of two separate chains (value and utility) to reduce transaction fees and optimise for speed.
3) Create a seamless ‘CMS-style’ platform for the creation and branding of such tokens by businesses globally. This involves an end-to-end system of designing the token, establishment of a wallet, enablement of transactions and creation of ledger functionality.
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