I'm looking at it in a proof of stake kinda way. Why not encrypted unique strings that match a trusted person (such as the way Bank Identification Numbers serve a purpose). Encrypted strings that contain info like, where was this token created(BIN), who has current ownership etc. The string is only valid for use by the current owner

Something like this:


Don't know but...... thesis :v

I'll get back to this when I get more info.

I just got thinking about this. Why use a ledger that just changes numbers when we could have used encrypted string tokens to represent a currency and also contain other information within the string. Such string(token)'s ownership can be transferred and encoded within the encrypted string?

I'm just curious. It might be a dumb question but you know, I just started thinking of this.