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Security Tokens and Stablecoins Quick Start Guide

You're reading from   Security Tokens and Stablecoins Quick Start Guide Learn how to build STO and stablecoin decentralized applications

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Product type Paperback
Published in Apr 2019
Publisher Packt
ISBN-13 9781838551063
Length 234 pages
Edition 1st Edition
Languages
Concepts
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Authors (3):
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Weimin Sun Weimin Sun
Author Profile Icon Weimin Sun
Weimin Sun
Xun (Brian) Wu Xun (Brian) Wu
Author Profile Icon Xun (Brian) Wu
Xun (Brian) Wu
Angela Kwok Angela Kwok
Author Profile Icon Angela Kwok
Angela Kwok
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Toc

What is an STO?

A security, in a general sense (but not according to the legal definition), is described as a financial instrument secured by a certain type of valuable asset. Securities can also be backed by revenues or profits in a company. Historically, a security is issued and purchased by signing the transaction documents on paper, such as share-purchase agreements or subscription agreements. The offer and sale of any security by any issuer in the US is subject to the federal and state securities laws and regulations.

A security token (a token classified as a security) performs a similar function as a traditional security, except that it confirms ownership through blockchain transactions rather than paper documents. Security tokens provide some key financial rights to the investors that include shares of revenue, shares of profit, equity, dividends, rights to vote, and some...

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