Hello and welcome to this blog post about CryptoFranc XCHF White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.
There is a lot to learn about this futuristic tech, lets get started to dive into the CryptoFranc XCHF white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.
The aim of this blog post is to help you quickly understand about the philosophy behind the CryptoFranc (XCHF).
I can ensue you that, you will be able to understand every bits and pieces related to CryptoFranc (XCHF) after going through the CryptoFranc XCHF white paper.
Without wasting any further time lets get started to dive right in and lets understand white paper first.
What is white paper?
A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.
A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.
CryptoFranc XCHF White Paper
CryptoFranc XCHF white paper will be going to provide you, all the information that is needed to get started with CryptoFranc (XCHF), including the inspiration for creating, the problem it is trying to solve and the solution proposed by CryptoFranc (XCHF).
“ Swiss Crypto Tokens AG (SCT) was founded in July 2018, with Bitcoin Suisse AG (BTCS) being its majority shareholder. SCT is registered in the Canton of Zug, Switzerland’s “Crypto Valley”.
Its purpose is to provide comprehensive services related to the issuing of tokens, including the issuance of own such tokens. The CryptoFranc Bond as described in this prospectus is the first token issued by SCT.
The company is set up as a corporation (Aktiengesellschaft) under Swiss Law with a paid-in capital of CHF 1’000’000 (10’000 restricted registered shares with a nominal value of CHF 100 each) and is led by the CEO Armin Schmid.
SCT has no participating certificates outstanding (Genussscheine) and there have never been any dividends distributed due to the recent foundation of the company. The Board of Director consists of Niklas Nikolajsen and Luzius Meisser, whereas Niklas Nikolajsen serves as Chairman.
SCT is a Member of the Swiss self-regulation organization (SRO) VQF since November 2018. The Board of Directors (BOD) of SCT has decided on June 14th, 2019 to continue to issue the CryptoFranc Bond in general and the current XCHF 2019-07 specifically. The BOD will decide in July 2019, if subsequent CryptoFranc Bonds will be issued and under which conditions.”
White Paper Link: CryptoFranc (XCHF) White Paper
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