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Showing posts with the label ERC20

Powerful Cryptocurrency in Blockchain Voting System

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Not many people know how voting takes place in the blockchain .  It all starts from a public or a private blockchain. The first concern is related to the user’s privacy. A blockchain should hide the voter’s cast. This process is achievable by using zero-knowledge proofs or encryption methods. Secondly, each citizen must register and prove their identity. The voter needs to have a unique identification ID. Voters can submit a passport or biometrics like a fingerprint. After that, the identity is recorded on the blockchain associated with that user’s private key and public key. Instead of a ballot box to cast a vote, a voting token and a smart contract can be used. Each token once sent to the user’s account would have a time limit defined by the smart contract. All candidates would receive an address. Then citizens can use their token to vote by sending it to the candidate’s address. By following these simple rules, this system can easily count each vote. The most int...

XcelToken - Best Utility Token

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XcelToken is a digital Decentralized Digital Assets, general-purpose utility token based on the ERC20 Ethereum protocol. It helps hotels, restaurants and marketing partners earn while participating, while travelers enjoy the benefits of a learner eco-system. But some historical facts can show the revolution of money and digital currency. In 1661, banking institutions and their own state-sponsored banknotes were created in Sweden. Then a bank was created in England. Special laws and policies were created to prevent counterfeiting and various types of fraud. Since then, various world currencies have been used. Subsequently, they began to use digital currencies, e-wallets such as PayPal to streamline transactions and new technologies. And paper currencies were normalized. This is of great importance for reducing paper currencies. People have shown great interest in using digital money. They are increasingly using electronic wallets and are interested in growth and th...

XcelToken now on LATOKEN!

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XcelToken Plus is an ERC20 token on the Ethereum Blockchain Platform that is created to build, engage and foster a large crypto-community within the hospitality, retail and gaming sectors.   With more than 100,000 token holders, XcelToken Plus , XcelLab is proud to announce that XcelToken Plus will now be available for trading on LATOKEN . To know more about LATOKEN , keep reading on. LATOKEN LA (top 100 cryptocurrency by Coinmarketcap ) is the main currency on the LATOKEN platform. It is a utility token which has been confirmed in a legal memorandum prepared by White Summers Caffee & James, a premier technology, and international law firm based in San Francisco with 18 years of experience. The memorandum states that “LA Tokens have a distinct utility purpose separate from producing profits”. Some of the features on LATOKEN include: Instant exchange (LA DIRECT) advanced trading feature and crypto/fiat gateway. XcelToken Plus is adopted into us...