Counterparty vs Neumark vs Trust Token
What problem does this service solve?
Counterparty enables users to issue tokens and extends the functionality of the Bitcoin network. | Neumark makes it easier to create legally binding security tokens. | Trust Token's platform allows users to create asset-backed tokens on the Ethereum blocckhain. |
Token Stats
Company Description
Counterparty is a DApp development and tokenization platform that is built on the bitcoin blockchain. The open source protocol is powered by the native XCP currency and has a Proof of Burn mechanism. The platform allows users to create their own virtual assets and trade them on a decentralized exchange. It also enables developers to create financial applications that extend the peer to peer functionalities of the bitcoin blockchain. | Neumark is a German company that has developed an Ethereum-based tokenization platform. It allows users to create legally enforceable security tokens for real-world assets. The platform provides the technical and legal tools for users to create programmable assets, with fractional ownership; while ensuring the rights of both issuers and owners. Their network is powered by the Ethrreum-based NEU token. | Trust Token is an asset tokenization platform that allows users to create asset-backed tokens on the Ethereum blockchain. TrustTokens act as on-chain collateral to protect against adverse events and align incentives between platform participants. The company has created a variety of stablecoins, including TrueUSD, one of the most widely traded USD-backed coins. |