A Token is a digital balance accounting unit, a record, in the blockchain. Originally there were user/utility tokens. They made it possible to receive a product or a service, serving as a means of payment or exchange. Then came investment tokens — the modern equivalent to securities.
Tokenized assets have many advantages over simple ones:
🔹 — They allow for share ownership, even with small investments.
🔹 — With a decentralized investment system, intermediaries are eliminated. As a result, the transaction costs are reduced.
🔹 — Thanks to blockchain technology, the transaction becomes transparent, data substitution, fraud and corruption are eliminated. The process itself is significantly accelerated.
👉Tokens can not only be stored — they are used for payment, exchange, guarantees as collateral, bonuses in loyalty programs. You can even vote with them!
For example, NRON tokens are the internal equivalent for all services provided on the basis of NeuronChain. They serve as the internal payment unit and are used to pay for the platform services. All commissions in our affiliate program are paid in NRON tokens, which can be exchanged for any currency on NeuronEx. NRON tokens will be accepted as a means of payment for all the services of the platform, as well as payment to our multiple partners.
Join NeuronChain! http://neuronchain.io
#NeuronChain #NeuronEx #NeuronWallet #Banxe #DeFi #Finance #blockchain
