Blockchain is one of the fastest-growing digital technologies in recent history, and its revolutionary decentralized model is being appropriated by industries far and wide. Part of its popularity is derived from cryptocurrency, which is now a decade old—calculating by 2009, the launch year of Bitcoin, the first established cryptocurrency.
When Bitcoin was born, cryptocurrency was just that: a currency. However, the term «cryptocurrency» is now somewhat dated. The rise of initial coin offerings (ICOs) means that thousands of different cryptocurrencies are out there, with ICO-generated coins commonly referred to as ‘tokens.'
2021 will likely signal the rise of one special kind of token, called a security token, which provides one of the most
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