Digital Tokens
Utilizing blockchain technology, digital tokens revolutionize the way of transferring real-world assets. We provide two established methods of implementing digital tokens: Colored Coins and Ethereum Tokens.
Colored Coins
Colored coins as the name indicates, are digital tokens based upon the Bitcoin blockchain. Every bitcoin transaction provides an optional text field which can be used as an identifier to make a normal transaction represent more than just a mere transfer of bitcoin. Simply put, one can use these identifiers to allow bitcoin represent any asset outside the Bitcoin blockchain (e.g., stocks, cars, property rights etc). Such bitcoins which have other assets attached to them are called “Colored Coins”.
Ethereum Tokens
Ethereum tokens are digital tokens based upon the Ethereum blockchain. While the Bitcoin blockchain verifies, records, and replicates transaction data on many computers across the world (therefore the name “distributed ledger”), Ethereum takes a step further, enabling to run small computer programs called smart contracts equivalently on many computers globally. Such functionality allows ethereum tokens to not only represent different assets, but to run complete computer applications through these tokens.
