Sentences with phrase «utility coin»

For example, UBS might have its own blockchain - based platform to issue bonds, and another bank might have a blockchain - based stock - trading platform, but both would use the same utility coin for settlement.

For this reason, my personal view is that most ICOs — even the «utility coins» — are unlikely to escape regulation by jurisdiction - appropriate rules regarding public offerings, financial promotions and unfair trade practices.

The Rock Token (RKT) is the currency of choice for transactions, listings and a multitude of functions, serving as the medium of exchange and the utility coin that powers the GBX - GSX ecosystem.

Phase one of the ICO will involve putting the utility coin on offer, while Phase 2 will kick in when cryptocurrency exchanges are up and running, he said.

Velocity Ledger uses Ethereum's ERC20 protocol to tokenize and maintain a dynamic, real - time ledger of securities, cash and utility coins.

The utility coin...

Last but not least, as noted above, PART serves as the utility coin on the Particl Platform.