STACS vs STPT Standard Tokenization Protocol vs OST
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. | OST aims to make it easier for companies to leverage blockchain and create branded tokens for their business needs. |
Token Stats
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. | OST is developing a tokenization platform that will allow companies to integrate blockchain into their apps and existing business practices. The OpenST Protocol is a framework for tokenizing business assets. The company is also working on a suite of developer tools, APIs, and SDKs to make implementing blockchain easier. The network is powered by the Ethereum-based OST token. |