The Syscoin Foundation and Blockchain Foundry, a core developer of the Syscoin blockchain, today announced their new partnership with the 2Tokens project, alongside blockchain companies including Ocean Protocol, Dusk, Odyssey, and others.
2Tokens aims to establish a set of clear rules and guidelines on how to deal with tokenization, and they will begin by identifying the immediate challenges that need to be addressed. Together with associated industry partners, the 2Tokens project will explore a common perspective and understanding of the benefits of tokenization.
Tokens offer the chance to rethink collaboration across society as a whole, from businesses to governments and citizens. With this ethos in mind, 2Tokens aims to inspire a seismic shift in how we think about cryptocurrency tokens across the globe.
Groundwork will be realized during several round table discussions, practical workshops, awareness, and inspirational sessions; where industry leaders, incubators, academics, banks, ministries, and businesses will come together to share knowledge and experience from their sectors.
“Tokenisation will transform our economic landscape in much the same way that shares and stock markets did in the 17th century. For the 2Tokens movement, it is key that we create the right environment to allow these innovations to happen – so it is great that the Syscoin Foundation and Blockchain Foundry have come together to do what is necessary to realize this potential. We understand that, to achieve widely supported token regulation, we have to raise awareness, stimulate discussions and bring together knowledge and expertise.’’
– 2Token’s executive Team lead Alex Bausch
The 2Token project looks to raise awareness of tokenization, stimulate relevant discussions, and bring together knowledge and expertise in an effort to reduce adoption barriers to tokenization and help realize the wider societal benefits.
Officially established on December 11th, 2018, the Syscoin Foundation is a non-profit organization that represents the core development team of the Syscoin blockchain, secures the code repositories and oversees public relations for the protocol. Its goal is to expedite the global adoption of blockchain technology by championing the unique decentralization features offered by the Syscoin Platform.
“The Syscoin Platform was established in 2014 and has been successfully working and advising on Tokenisation challenges since then. We look forward to bringing our valuable experience to the 2Token project and to successfully sharing our knowledge with the other members.”
– Reinier Martens Syscoin Foundation Secretary