Tokens - assets

According to Bancor, its protocol presents a technological solution in the domain of asset exchange to the classic paradox in economics known as the “double coincidence of wants” paradox. Bancor uses smart contracts to create tokens with the ability to hold one or more tokens in reserve. These tokens may represent fiat and/or national currencies or other types of assets. This creates a new type of ecosystem that is essentially a decentralized asset exchange where instant liquidity is achieved regardless of a token’s market cap or status. In addition, the Bancor protocol enables the creation of decentralized ETFs (Exchange Traded Funds).

https://www.ethnews.com/israeli-startup-wins-at-the-international-blockchain-competition