Bitpanda launches Pantos, The Initial Multi-Blockchain Token System

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Bitcoin Push Launch: Bitpanda, Europe’s leading retail broker for electronic currencies, has begun an open up-source investigate task named Pantos, with each other with experts from the Complex College of Vienna, the Academy of Sciences, and the Investigation Institute for Foreseeable future Cryptoeconomics (RIAT). The task will acquire the Token Atomic Swap Technologies (TAST) and will release the produced work as an open-resource know-how.

March 9th, 2018. Austria, Vienna:  Pantos will be financed by a Engineering ICO, which will be capped at 1500 BTC to make certain the development of open-resource technology that really should empower a vital know-how for a token-based mostly ecosystem – the Token Atomic Swap Engineering (TAST).

Pantos wants to clear up the blockchain fragmentation challenge. After Bitcoin, many electronic currencies based mostly on the blockchain know-how have been launched, every with their very own technical specs and protocols. A potential with many blockchain networks is extremely very likely.

Founders of Bitpanda Eric Demuth, Paul Klanschek and Christian Trummer Mentioned That:

“The various networks compete not only for expense, assets and industry share – but also for expertise. This is in which Pantos arrives into perform: With the new technology and the PAN Token, for the 1st time, it is intended to empower worthwhile transfers of tokens across many blockchains,“

With it’s open resource solution, Pantos will enable sustainable collaborations among blockchain projects and typical complex standards for cross-blockchain transfers can be established. Pantos will be originally introduced on Ethereum, with Bitcoin, Litecoin, Lisk, Komodo and Waves, all initial blockchain-era, help predicted to comply with before long.

The Three Founders Also Stated:

“It is especially significant to us, that the connected Engineering ICO finances the new engineering and research, which is why it is confined to 1500 BTC, to present an open up-source technologies for the market. It is deliberately not a commence-up funding method.”

Enabling True-Time Arbitrage:

Pantos will permit close to-actual-time arbitrage investing, ensuing in enhanced volumes across all decentralised marketplaces and an anticipated improve in demand from customers for PAN tokens. Traders will be able to exploit the resulting price distinctions between pairs of ‘digital currencies’.

A new metric: Blockchain Domination Index

The versatile portability capabilities enable the PAN token to sort a common denominator and therefore, the introduction of a new device intended for the crypto-financial system. The Blockchain Domination Index shows the token usage and distribution between all supported blockchains in genuine time. Many thanks to PAN, this will allow the importance of every blockchain to be measured on the basis of genuine usage.

About Bitpanda

Bitpanda’s founding users are electronic currency enthusiasts given that the emergence of Bitcoin. Back again in 2013 it was challenging to get digital currencies in Europe, which led them to their visionary notion of Bitpanda. Considering the fact that then, has developed to become Europe’s primary retail broker for electronic currencies, presently providing Bitcoin, Ethereum, Litecoin, Sprint, Bitcoin Hard cash and Ripple, and totally built-in EUR buying and selling, which includes in-property-designed wallet answers for all belongings.

Pantos supporters: Pantos is remaining supported and recommended by some of the most respected projects and men and women in the world wide blockchain place. For the entire list you can verify out or the Pantos Vision-paper.

You can come across much more data and a push kit on the formal website

Media Get in touch with
Place: Vienna, Austria
Electronic mail: [email protected]

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Pantos is the source of this information. Virtual forex is not authorized tender, is not backed by the govt, and accounts and value balances are not issue to customer protections. This push release is for informational needs only. The information does not represent expense guidance or an offer to devote.

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