Counterparty vs STPT Standard Tokenization Protocol vs CodeChain
What problem does this service solve?
Counterparty enables users to issue tokens and extends the functionality of the Bitcoin network. | STPT's goal is to make it easier to create and manage an asset-backed digital token. | CodeChain will make it easier to convert real-world assets into trade-able security tokens. |
Token Stats
Not Relevant |
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. | STPT, which stands for Standard Tokenization Protocol, is a decentralized network for tokenizing assets. STPT is designed to be an open-source standard for defining how tokenized assets are issued and transferred, while complying with all necessary regulations. Users will be able to use STPT's protocol to tokenize a variety of assets and insure that they are compliant. Asset owners will also be able to connect with retail investors. | CodeChain is developing a security tokenization platform that will provide an end-to-end solution for real-world asset digitization. Their platform will assist clients in a variety of industries to convert assets into digital tokens. |