STOBOX - The Digital Assets Ecosystem

maverickcoins17 (25)in #stoboxetherumblockchain • 4 years ago

Starter information

Cryptocurrency is an electronic money created with technology controlling its creation and protecting transactions, while hiding the identities of its users.

Crypto- is short for “cryptography”, and cryptography is computer technology used for security, hiding information, identities and more. Currency simply means “money currently in use”.

Cryptocurrencies are a digital cash designed to be quicker, cheaper and more reliable than our regular government issued money. Instead of trusting a government to create your money and banks to store, send and receive it, users transact directly with each other and store their money themselves. Because people can send money directly without a middleman, transactions are usually very affordable and fast.

To prevent fraud and manipulation, every user of a cryptocurrency can simultaneously record and verify their own transactions and the transactions of everyone else. The digital transaction recordings are known as a “ledger” and this ledger is publicly available to anyone. With this public ledger, transactions become efficient, permanent, secure and transparent.

With public records, cryptocurrencies don’t require you trust a bank to hold your money. They don’t require you trust the person you are doing business with to actually pay you. Instead, you can actually see the money being sent, received, verified, and recorded by thousands of people. This system requires no trust. This unique positive quality is known as “trustless”.

Blockchain is technology for creating permanent, secure digital recordings that don’t rely on any single person or group. Blockchains can record any information, though the first example was created to record bitcoin transactions.

Imagine the blockchain as a book of records. Each page in that book, is a block, and can record anything. Blocks are created one after the other, chained to each other creating what we know as the blockchain.

Multiple blockchain records are maintained simultaneously by many of unrelated individuals and their computers, making it cloud storage on steroids. Updates are seen immediately and manipulation is extremely difficult/impossible. This positive quality known of many people keeping their own copies of the blockchain is known as “distributed”.

There are hundreds of blockchains created by many groups to records all sorts of information including art, medical records, computer information and much more.

But if a blockchain is not distributed among many individuals and instead run by one government, organization, group or person, than it is not at a blockchain at all. A centralized system like that is simply a database.

What is Stobox?

Stobox an award-winning company that provides technology tools and consulting services to streamline all operations with digital assets and tokenized securities. For the past 2years Stobox have been around in the crypto space, the team have been able to conduct 10000+ hours of research, advised 10 clients, tested several private and public technology infrastructures, built partnerships in 10+ countries,and also worked with 2 governments, which is an impressive work so far.

But before we go any further, please check out this video presentation to get even more acquainted

Now lets get down to the nittygritty of the business.

The solutions provided by Stobox, enabling clients to accelerate the digital transformation of their business. Stobox will streamline all operations with digital assets and tokenized securities. And clients don't need to worry about regulatory or government issues, because Stobox will cooperate with governments to create a clear regulatory framework for matters relating to digital assets, such as virtual assets, security tokens, payment tokens, etc.

Thanks to the solutions provided by Stobox, the company was awarded the "Asset Tokenization of the Year Award" at the AIBC Summit Award Ceremony. This is thanks to the hard work of the Stobox team which allows businesses to be able to transform their platform into a modern one with digital assets and tokenized securities. Clients just need to focus on their business, and Stobox will play its role as an assistant and adviser who will assist businesses in issuing and managing digital assets.

Features of Stobox Platform

Digital Securities Swap : Stobox platform enable users to swap their tokens . Users can swap their tokens to available listed tokens in Stobox platform .

Digital Security Dashboard : It offers a solution which enable clients , businesses , companies to tokenize their businesses , assets and raising funds , reaching out ot the global investors and trading their shares . All these digital services can be conducted on Stobox Digital securities Dashboard.

Consultancy service regarding Tokenization : Businesses willing to tokenize their business can easily partner with Stobox ,the company will offer all technological tools requires to digitize your business. It also support in connecting businesses to legal expertise where the needs are required.

Legal Management : Stobox supports businesses in Legal procedures requires towards issuing and offering digital assets.

NFT asset : Non Fungible Asset (NFT) is a new class of assets that is booming in DeFi space. Stobox will provide these class of asset to early adopters in its platform .

Crypto Exchange Service : Stobox offers Crypto Swapping platform as well as Crypto Exchange service with advance technology that will enable users to trade crypto assets safely and profitably.

About The Stobox Token

Stobox launched 2 tokens which will later support the platform. These tokens are STBU and STBX. STBU is a utility token based on Ethereum's ERC-20. By owning this token, users can get various benefits provided by Stobox. STBX is a security token that will act as Stobox corporate share equity. By owning this token, the user is successful in getting equity and dividends. If you are interested in these two tokens, then you can get them through the token sale program organized by Stobox.

The following are details of these two tokens:

Ticker : STBU

Type: Utility

Total Supply: 100 000 000 STBU

Blockchain: Ethereum

Market Cap: $ 3,317,913.00

Circulation Supply: 32,999,387.54 STBU

Price: $ 0.1002

Ticker: STBX

Class-B Share: Stobox Technologies Inc.

Tokenized Shares: Issued 10,000,000 STBX (100% of Total Equity)

Offered Supply: STO - 1,000,000 STBX (10% of Total Equity)