Blockchain classification

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Coin class, platform class, application class, asset tokenization

1. The currency class

Coins mainly serve as the “medium of exchange” in the blockchain asset field, which refers to general equivalents, such as gold and bank notes in the past.

We’ve heard of similar coins like Bitcoin, litecoin, dogecoin, etc. The value of money is to be recognized or accepted by everyone, so it is natural to have his value. One advantage of virtual currency is that it has a constant circulation, is decentralized and is not controlled by any organization, which can effectively curb inflation and stabilize economic development.

Platform projects refer to the establishment of technology platforms for the development of various blockchain applications, which can lower the threshold of developing applications on the blockchain.

Platform tokens let’s take Ether as an example. Ethereum is a digital token of Ethereum that developers pay to run their apps. Ethereum is a platform and programming language that enables developers to build and distribute the next generation of distributed applications.

Application projects have a wide range, covering finance, social networking, gaming, property rights protection and many other fields, and are also the fastest growing field of blockchain assets.

Application class tokens in our life is really too much, you see the financial aspect we can through the tokens to represent the stock or objects, such as gold, and the social aspects of currency, such as chat, cable group of scrip game tokens of a class is change our daily game integral to tokens, based on the block chain application class tokens in the 18th annual meeting.

4. Tokenization of assets

Asset tokenization project refers to the blockchain mapping of physical assets, that is, the chain of physical assets. At present, there are no more than 10 varieties.

Take real estate for example, we can issue a token called real estate coin, which can be used for financing in the early stage of real estate or for some friends who do not have enough down payment to buy some real estate coins, otherwise the speed of struggle cannot keep up with the price of the house.

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