What is CryptoABS and do we need it?
CryptoABS is a platform for issuing ABS tokens which are backed by physical assets. By introducting the power of smart contract and IOT technology, the CryptoABS is a bridge between the real world and the so-called crypto-world. CryptoABS is attempting to introduce a revolutionary way to use the crypto-currency by imposing the physical assets from the real world. Its goal is not only stabilize the Ethereum ecosystem but revitalize the real-world as well.
Crypto-financing with physical assets
Using the decentralization and unaltered feature of block chain, to anchored the real assets in the block chain system. Issuance of Asset Certificates (Token), provides an open and transparent platform to manage and trade asset certificates (Token).