Counterparty vs Trust Token vs CodeChain
What problem does this service solve?
Counterparty enables users to issue tokens and extends the functionality of the Bitcoin network. | Trust Token's platform allows users to create asset-backed tokens on the Ethereum blocckhain. | 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. | 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. | 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. |