STPT Standard Tokenization Protocol vs OST vs Trust Token
What problem does this service solve?
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. | Trust Token's platform allows users to create asset-backed tokens on the Ethereum blocckhain. |
Token Stats
Company Description
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. | 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. |