Core Token will be listed on P2B

About the project

Core Token (CTN), a utility token, is an integral component of the Core Ecosystem and serves multiple functions as a form of exchange of value, facilitator, initiator, verifier, and executor across all supported services. The release of Core Token sparks a naturally high demand, with its value appreciating due to the deliberate limitation of supply to 1,000,000,000 CTN.

With 18 decimal places, Core Token is designed to manage transactions efficiently, ensuring seamless facilitation in the face of high demand and a restricted supply, enhancing its utility within the ecosystem.

Core Token is at the forefront of the digital revolution, employing the cutting-edge CBC20 standard. Core Token is more than just a digital asset. It is a utility token that opens doors to a myriad of services in the Core Ecosystem and facilitates the integration of real-world assets into unique, compliant digital asset management platforms built on the Core Blockchain network in tandem with CorePass. 

Mission

CTN is a resourceful utility token to exchange value or pay for operational services executed by regulated compliant Smart Contracts. The Core Token Platform is the custodial of all Smart Contracts on the Core Blockchain Network.

What does CTN bring to the table?

Core Token (CTN) connects Blockchain technology to governments, businesses, and the general public through innovative Smart Contracts. It’s a utility token that can be used for payments, exchanging value and services. CTN serves as the facilitator between decentralized applications and centralized applications to support consumers, businesses, organizations, and governments initiated by secure smart contracts. It’s built on the philosophy of equal opportunity for businesses and people to easily adopt

blockchain in their daily lives.

Challenges to solve

Scalability:

• One of the primary challenges the project strives to tackle is scalability. As user adoption and demand increase, the project aims to implement scalable solutions that can efficiently handle a growing network, ensuring optimal performance and responsiveness.

Interoperability:

• Achieving interoperability with other blockchain networks, side chains, and centralized platforms poses a significant challenge. The project is focused on developing seamless integration capabilities, fostering collaboration, and expanding the scope of its services across diverse ecosystems.

Security Measures:

• Developed for the Core Blockchain – it is the first blockchain to use the advanced ”Goldilocks” ED448 encryption method to protect its users and the entire infrastructure, keeping data safe at all times. This cryptography is well-tested in the real world and is superior to lesser iterations.

Payments:

• Core Token is a versatile utility token used for peer-to-peer payments and services like secure data protection, traceability, and transparency for governments, businesses, and consumers. It facilitates all services of the CoDeTech ecosystem and offers a unique algorithm that rewards users with income based on participation across various platforms.

Validation and Verification:

• Core Token powers CorePass – a blockchain-based digital identity platform that enables secure execution, data transmission, and ID verification through Smart Contracts. Core Token ensures that digital identities are secure, traceable, and tamper-proof, with Smart Contracts and Core Tokens required for identification and verification. 

Asset Digitization:

• Core Token is applicable across various sectors, such as banking, insurance, asset management, and e-commerce. It uses programmable Smart Contracts to operate decentralized applications on the blockchain, while complying with legal and financial regulations. Core Token facilitates the transfer of ownership of anything of value and is the enabler to an entire tokenized world, revolutionizing shareholding and right of choice along with ownership and control.

Long-Term Sustainability:

• Ensuring the long-term sustainability of the project involves addressing economic challenges, tokenomics, and governance structures. The project is focused on designing and implementing sustainable models that foster growth, value creation, and community engagement over an extended period.

The approach used by Core Token

Community:

Core Token adopts a community-centric approach, allocating tokens to all individuals who participate in public sales, including referral commissions and rewards. This inclusive strategy aims to foster a vibrant and engaged community around the Core Token ecosystem.

Developers:

Core Token is open to developers releasing Dapps, which are supporting CTN in their services. By utilizing the Core Token as the ideal solution for facilitating the transfers, Core Blockchain enables the Dapps economy to support services on its network. 

Blockchain Network:

The Core Blockchain network, fortified with Ed448 “Goldilocks” cryptographic security, operates on a fast, scalable, and interoperable systems platform. This exceptional infrastructure enables seamless integration with any blockchain, side chain, permitted chain, or centralized platform, allowing for utilization of all services within the Core Ecosystem. This approach sets a high standard in the industry, emphasizing security, scalability, and interoperability.

The project will be listed on the P2B Exchange soon.