Monday, August 14, 2017

LAToken cryptocurrency seeks to digitize every asset and create new blockchain portfolios for investors

The cryptocurrency boom and rise of blockchain technology has seen innovators from Silicon Valley to Wall Street rush out to try to digitize assets in one or more sectors.  But a new cryptocurrency is looking to take this digitization to the ultimate end by 'tokenizing' investor portfolios where individuals can buy, sell, or own parts or a whole of nearly every type of asset imaginable.

Introducing the LAToken.

Based on blockchain technology, LAToken platform allows investors to buy and sell assets like equities, debt, real estate, metal, and works of art in "fractions" by tokenizing them. (See also: How Ethereum Blockchain Can Solve Your Social Media Privacy Problem
The project intends to unlock these global assets, which are valued at $517 trillion, by allowing investors to purchase them at LAT Exchange at minimal transaction costs and maximum transparency and security using Liquid Asset Token (LAT). 
“The LAT Transactions Blockchain is based on EOS vision of DPOS technology with 10-second blocks, TaPoS-technology that allows to know the state of every user by transactions, and offers direct internal references with asset Blockchain objects” as per the White Paper. 
By allowing buying, selling and management of an investor’s portfolio on its blockchain​ and Artificial Intelligence (AI) powered platform, the LAT exchange makes investing not just faster, but also safer. - Investopedia

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