Published by Gregor on

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Imagine that tokenization is possible for each business. Simple examples below.

Safety of transactions
Automated contracts
International usage

Taxi example

In the blockchain, a contract was opened - a taxi will get a payment of xEUR stable coin only if driver takes at a specific place and within a certain time, according to a fixed route with the client. The transaction is executed automatically when the contract condition is fulfilled.

Real estate example

The purchase of a building between two companies. A contract has been made which guarantees of the transfer of xEUR stable coin for the purchased building, provided and backed with the entry in the land register, when it is done. The contract works just like ESCROW.

Categories: Our ecosystem