The news is by your side.

Transactions

0 1

Get real time updates directly on you device, subscribe now.

A transaction is just an entry to the ledger that changes the state of the
ledger. We have previously discussed transactions that change the
ownership of tokens. But transactions can also represent changes to the
ownership of tokens. But transactions can also represent changes to the
token itself, if allowed by the rules for that particular token. For example,
a token representing a share could change status from ‘pre-dividend’ to
‘ex-dividend,’ if signed by the right participant and a dividend is paid.
That same token could be marked with ‘voted’ after a shareholder vote
has taken place. A token representing a bond could change status from
‘coupon due’ to ‘coupon paid’ if accompanied by a transaction that pays
the coupon. A utility token representing a service could be marked as
‘partially redeemed’ if the service had a number of elements to it. And so
on. At this stage in the evolution of cryptoassets, we are just scratching
the surface of what is possible.

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

Subscribe to our newsletter
Sign up here to get the latest news delivered directly to your inbox.
You can unsubscribe at any time

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More