{"title":"The Token Economy: Assets for the Blockchain Era","authors":"D. R. D. Santos","doi":"10.35841/1550-7521.21.19.226","DOIUrl":null,"url":null,"abstract":"The advent of technology and its advance have impacted the world in a radical form. The digital transformation is redefining markets, industries, and making new business, investment models possible and providing opportunities before unthinkable. This article is intended to talk on a technology of blockchain and a token economy in a digital age with robust databases and the dematerialization has proven a reinvention of the financial market that we currently know. In this research we present the blockchain technology and its growing adoption around the world, the current ecosystem of icos (initial currency offer) and stos (security token offer). The blockchain technology, digital currencies and a token economy enables a break from the financial market mainstream because such technologies make the process faster, less costly and allow international investment.","PeriodicalId":29900,"journal":{"name":"Global Media Journal-Canadian Edition","volume":"15 1","pages":"1-6"},"PeriodicalIF":0.6000,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Global Media Journal-Canadian Edition","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.35841/1550-7521.21.19.226","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"COMMUNICATION","Score":null,"Total":0}
引用次数: 0
Abstract
The advent of technology and its advance have impacted the world in a radical form. The digital transformation is redefining markets, industries, and making new business, investment models possible and providing opportunities before unthinkable. This article is intended to talk on a technology of blockchain and a token economy in a digital age with robust databases and the dematerialization has proven a reinvention of the financial market that we currently know. In this research we present the blockchain technology and its growing adoption around the world, the current ecosystem of icos (initial currency offer) and stos (security token offer). The blockchain technology, digital currencies and a token economy enables a break from the financial market mainstream because such technologies make the process faster, less costly and allow international investment.