Blockchain is a name that is quickly being associated with applications within the financial sector and given the current cryptocurrency craze; readers would think that the technology remains synonymous with them. In fact, blockchain technology has plenty of applications across different business operations, and it could transform the value chains of most organizations.

Despite, this popularity not everyone interested has the technical knowledge on how to unlock the value of blockchain and unleash the full benefits for their enterprises. That is where tools and services such as FundersToken come in to offer a significant competitive advantage over the need to source professionals. And as we shall see, their innovation could stand to make it easy for firms to tokenize their businesses.

FundersToken is an advanced business augmentation tool with the aim to allow business to utilize the power of blockchain through the issuance of their token. The thoughtful innovation seeks to help bring businesses closer to the blockchain environment without them having to waste their time and resources on searching for professional involvement. The FundersToken also aims to focus towards a new tokenization standard that will help build reasonable and supportive regulations on matters of blockchain and tokenization.

The FundersToken Engine forms the foundation in which users can issue tokens, manage virtual coins, create token utility and control the token's market utility. The engine comprises of the following parts.

The FsTK Engine operates a tokenization feature that allows users to access tools for DIY creation or issuance of their Smart Tokens that meet the ERC20/33 standards. The Smart Token is lean and optimized to allow for the support of business needs.

The FsTK Engine also creates a voucher system that helps deliver the concept of virtual assets and their certification. Users can utilize the voucher system within the customer relationship management portal to create crypto assets through the Publish Voucher option.

The Customer Relationship Management supports the business in reaching clients and interacting with them through promotion, opinions, feedback or holding digital campaign sales. The logic with the concept is that companies can react to customer request while also manage the community without the need for coding knowledge.

The FsTK platform forms an extension of the FsTK engine, and itself is a decentralized application that consists of web infrastructure, smart contracts, and consensus algorithm

The FST token acts as the service gas to cater for the expense of all smart contract services that are present within the FsTK platform. Potential token holders of FST will stand to gain

FundersToken is by no means the first of its kind to offer such tools or services. However, its FsTK services remain unique since it’s focusing on building the adoption of blockchain user community through enterprises. Overall, the critical aspect is that FundersToken is providing essential solutions for businesses looking to use blockchain as a backbone.

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