STACS vs STPT Standard Tokenization Protocol vs CodeChain
What problem does this service solve?
STACS will establish a technical protocol to standardize the creation and management of digital tokens. | 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
STACS (Securities Trading Asset Classification Settlement), is an Ethereum-based tokenization protocol. It will allow users to create legally enforceable security tokens for real-world assets. The platform will provide the tools for users to create programmable assets, with fractional ownership; while ensuring the rights of both issuers and owners. STACS will have a built-in mechanism to ensure compliance with KYC/AML regulations. Their network is powered by the Ethrreum-based STACS token. The platform is being developed by GSX Limited, the same company that created the Gibraltar Blockchain Exchange (GBX), which is a subsidiary of the Gibraltar Stock Exchange (GSX). | 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. |