Blockchain technology has been in our lives for almost 10 years. The way technology has come in this short time is truly incredible. As of today, Bitcoin alone has a market volume of $ 100 billion. As of the moment I write this article, the price is approaching $ 8,000. This technology, which permeates our lives very quickly, has also provided new business opportunities in many areas. And when this is the case, many business opportunities and opportunities come to our feet. In order to spend the cryptcurrency we earn, we attack the stock markets and branding. There are thousands of stock markets around now and we really have a lot of doubts about which one to choose. This is due to security problems. Because every year tens of millions of dollars worth of cryptocurrency is stolen. As this technology is new, it is still a blunt in taking security measures.
Security Token (STO): It is important to distinguish between Utility tokens and Security tokens before clearing the Security tokens. Utility tokens are also referred to as user tokens or application tokens, and are used to access a company’s product or service.
The distinctive feature of Utility tokens is that they are not built for investment purposes. Utility tokens are not tied to the security laws. The ERC-20 tokens of the Ethereum platform are Service tokens.
Security tokens are supported by real assets such as stocks or commodities of a limited liability partnership. They are also subject to securities laws. Security token will create a formidable change in the representation of company shares. In addition, there are intensive studies on the use of Security tokens in the real estate sector.
Companies use this as a way of offering part of their business to investors, in return for a short-term cash injection that can help them to realize their latest goals and plans. Investors can also be entitled to profits, dividends and interest rates.
The project i will discussing today is called – Bitbond. Bitbond is a decentralized business lending platform and the first of it's kind, operating worldwide in more than 80 countries. The project belongs to Bitbond GmbH, which is officially registered in Berlin (Germany) and has one of the most worthy financial licenses of the country from the BaFin regulator. For the founders of Bitbond it is a great honor and a tribute from the German regulatory authorities. Given the fact that this is the first blockchain platform in Germany, which received this license.
To enlighten a little about the history of the Bitbond project, the company Bitbond GmbH had already successfully established itself and show itself in many countries of Europe and Africa since 2013. It has accredited more than 3,000 small and medium-sized businesses worldwide, totaling more than 13 million euros. At the current time, the founders of Bitbond are able to provide monthly loans in the amount of about 1 million euros, which is a worthy result, which the developers assure they do not intend to stop.
Of course, the idea of the Bitbond project did not appear by chance, it was preceded by various problems that have met and still occur in all countries of our world. Almost every second small and medium-sized entrepreneur is faced with the lack of adequate funding for their business ideas or a ready-made working model. As a rule, they seek financial assistance from various banks or other financial institutions. Which in turn do not always have the opportunity to support every entrepreneur.
The concept of Bitbond eliminates this problem, helping to develop small and medium-sized businesses in all corners of the planet by means of high-tech tools and technologies. All they want to offer mothers now is to become part of this direction and help to develop business lending to small and medium-sized businesses became more affordable.
To do this, the founders of Bitbond are ready to offer us security tokens, each of which is a bond based on the BB1 tokens proposed by the project. If we talk about the technical side of the issue, the BB1 security tokens are created on the basis of the Stellar Lumens blockchain and will be distributed through STO medium, also will work with all online wallets that support this blockchain.
Bitbond project proves the effectiveness of blockchain technology in the modern world. When everyone can become a part of something bigger, and also allow another person to realize some dreams and plans. Moreover, all this is carried out in a reliable and transparent way, as it has all the necessary legal licenses and agreements. It is important to realize that Bitbond brings benefits bilaterally and benefits here not only the investor who bought BB1 token, but also the entrepreneur who applied for help in Bitbond. That I believe an important fact in our days.
For those who are interested in learning more about Bitbond, I have prepared the entire list of project resources. Links are located at the end of this article. That's all and see you next year!
Official resources of the Bitbond project:
WEBSITE: https://www.bitbondsto.com
TELEGRAM: https://t.me/BitbondSTOen
LIGHTPAPER: https://www.bitbondsto.com/files/bitbond-sto-lightpaper.pdf
PROSPECTUS: https://www.bitbondsto.com/files/bitbond-sto-prospectus.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5130337.0
FACEBOOK: https://www.facebook.com/Bitbond/
TWITTER: https://twitter.com/bitbond
MEDIUM: https://medium.com/bitbond
REDDIT: https://www.reddit.com/r/BitbondSTO/
INSTAGRAM: https://www.instagram.com/bitbondofficial/
YOUTUBE: https://www.youtube.com/user/Bitbond
Author Information
Bitcointalk Username: sebastianluv
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2459524;sa=summary
Affiliate Link: https://www.bitbondsto.com/?a=LTOPID
