Australia Token is an ecosystem intended to solve problem associated with traditional banking. It allows users to get rid of all the problems associated with traditional financial system by providing them with a decentralized exchange of digital data between its peers featuring an incorruptible ledger recording all transactions. Based on ethereum blockchain, the process is fully transparent at all times. All of the transactions are fully traceable, irreversible and incorruptible.
Australia Token bank is currently developing a prepaid digital payment system, which includes account recharging, transfers and withdrawals as well as a digital-currency management system. It’s currently undergoing integration and stabilisation tests, and if all goes well, ICON aims for expanded banking partnerships in 2019.
Securities
Q4 2018 launch the CHAIN ID system, a blockchain-based shared security system for a consortium of Australia securities firms. Development plans to implement blockchain utilisation on the clearing and settlement sector, while the trading sector will be waiting until 2019.
Token: Australia
Project protocol: ERC20
www.australiatokens.com
