Looking at the emergence of blockchain technology in the financial sector it is easy to see both pros and cons. The pros are any of the tech’s attributes that allow for the surpassing of limits and barriers that the traditional banking systems have in place. The cons are the concerns people have about security and the lack of a proven track record for the blockchain tech. The variable that satisfies the cons while empowering the pros is the security backed Token.
“Inveniam expands the definition of what a ‘token’ represents in the blockchain industry. In general, a token was previously defined as a representation of the right to a service or asset. We broaden this definition to also include the token as a reference to an underlying stream of data on the blockchain, comprised of the transaction’s event series.”