Saturday April 17, 2021
Bitcoin (BTC) $61,023.00   Ether (ETH) $2,401.44
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Networks & Protocols

Hedera Token Service (HTS) now live to offer native token issuance without smart contracts

The HTS launches with fully supportive ecosystem of over 60 initial partners including leading crypto exchanges, members of the Hedera Governing Council, and applications launching HTS-enabled tokens...

Published by CryptoNinjas.net
02/09/2021
Hedera Token Service (HTS) now live to offer native token issuance without smart contracts

Hedera Hashgraph, an enterprise-grade distributed public ledger, today announced the public availability of the Hedera Token Service (HTS), a new Hedera network service that offers users the ability to issue and configure tokens on the Hedera platform.

HTS takes full advantage of Hedera Hashgraph’s native performance, security, stability, and governance. HTS offers a fast and efficient alternative to smart contract token creation, and is based on the emerging industry-standard Token Taxonomy Framework from the InterWork Alliance.

The HTS has launched at scale into an ecosystem of over 60 initial supporting partners. The numerous applications and partners already adopting HTS include wallets supporting any token created on HTS; custody providers enabling custody for any token created on Hedera; exchanges integrating with HTS; applications which have already begun issuing HTS-enabled tokens; and members of the Hedera Governing Council, the association responsible for running nodes on the Hedera network.

Hedera Token Service: Now On Mainnet

“Today, digital tokens are being designed for all kinds of economic activities. Tokenization of a huge range of assets will make traditional financing operations and interacting in marketplaces faster and less costly, fundamentally changing the existing processes for purchase order financing, obtaining loans for working capital, buying insurance, securing inventory financing, and invoice factoring. Tokenization will provide the foundation for enterprises to use distributed ledger technology (DLT) in routine business transactions, thus driving significant acceleration in enterprise adoption.”
– Mance Harmon, Co-Founder, and CEO of Hedera

HTS

The Hedera Token Service makes it easy for developers to manage tokens with scalable performance and predictable cost. Many public and private blockchains that offer tokenization carry the burden of expensive fees or upfront infrastructure costs, slow transaction speeds, complexity in managing governance, and regulatory obstacles. HTS makes it simple to issue native, multi-signature tokens with scalable performance, native compliance features, native token swap capabilities, and predictable costs — all on a reliable network governed by a council made up of large, global, trusted organizations.

“The Hedera Token Service (HTS) strives to bring better performance, configurable compliance, and low fees to a new generation of cryptocurrencies and stablecoins. Bittrex Global believes that supporting assets tokenized on Hedera has numerous upsides, and we can’t wait to see what the future holds for this growing ecosystem.”
– Tom Albright, CEO of Bittrex Global, an exchange integrating with the HTS

26
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram
Source: hedera.com

Related News

SUKU supply chain as a service platform migrates from Ethereum to Hedera Hashgraph
Networks & Protocols

SUKU supply chain as a service platform migrates from Ethereum to Hedera Hashgraph

02/03/2021
Australia’s national debit operator eftpos joins Hedera Governing Council
Networks & Protocols

Australia’s national debit operator eftpos joins Hedera Governing Council

01/27/2021
The NHS Adopts Hedera Hashgraph for COVID-19 Vaccine Storage & Supply
Networks & Protocols

Everyware and Hedera Hashgraph enabling cold chain monitoring of COVID-19 vaccine for NHS

01/19/2021
Hedera to begin hackathon dedicated to building tokenization apps
dApps

Hedera to begin hackathon dedicated to building tokenization apps

01/14/2021
Hyland and Hedera Hashgraph present blockchain PoC for records verification to Texas Secretary of State
Vendor Technology

Hyland and Hedera Hashgraph present blockchain PoC for records verification to Texas Secretary of State

01/11/2021
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Blockchain monitoring provider PARSIQ integrates with crypto custodian Hex Trust

Blockchain monitoring provider PARSIQ integrates with crypto custodian Hex Trust

04/16/2021
SWFT Blockchain (SWFTC) is now available on Binance Smart Chain and Huobi ECO Chain

SWFT Blockchain (SWFTC) is now available on Binance Smart Chain and Huobi ECO Chain

04/16/2021
Crypto trading app Orion Terminal expands to Polkadot with Moonbeam integration

Crypto trading app Orion Terminal expands to Polkadot with Moonbeam integration

04/14/2021
Telos enhances its DeFi with launch of new coins and liquidity on TSwaps platform

Telos enhances its DeFi with launch of new coins and liquidity on TSwaps platform

04/15/2021
DEX liquidity provider PancakeSwap now available on SWFT Blockchain

DEX liquidity provider PancakeSwap now available on SWFT Blockchain

04/09/2021
Blockchain monitoring provider PARSIQ integrates with crypto custodian Hex Trust

Blockchain monitoring provider PARSIQ integrates with crypto custodian Hex Trust

04/16/2021
Blockcap mines 544 bitcoin (BTC) in Q1 2021

Blockcap mines 544 bitcoin (BTC) in Q1 2021

04/16/2021
SWFT Blockchain (SWFTC) is now available on Binance Smart Chain and Huobi ECO Chain

SWFT Blockchain (SWFTC) is now available on Binance Smart Chain and Huobi ECO Chain

04/16/2021
Alpha Finance Lab partners with EPNS bringing better notification system to Alpha Homora users

Alpha Finance Lab partners with EPNS bringing better notification system to Alpha Homora users

04/15/2021
Applied Blockchain launches SILENTDATA to enable privacy-preserving open banking checks

Applied Blockchain launches SILENTDATA to enable privacy-preserving open banking checks

04/15/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version