March 10, 2018 Singapore – Tech startup ETHMS has announced its intention to implement blockchain technology through its ERC-20-based token to revolutionize the cross-border services market. The company is building an infrastructure based on ethereum technology to bring general services, contractual agreements and specifically cross-border services into the digital realm. The cryptocurrency market has had a banner year thanks to the meteoric rise in bitcoin prices and the huge popularity of initial coin offerings as a new way of fundraising.
Many people are buying into new digital tokens with the assumption that those virtual currencies will appreciate over time at levels similar to Bitcoin, or its rival Ether. Market watchers have stated they expect more dramatic movements in the cryptocurrency market in 2018.
As cryptocurrencies grow and expand exponentially, they are also beginning to take over the role of paper currencies. From cryptocurrencies being a form of investment for your Average Joe all the way up to your Wall Street superstars such as Thomson Reuters Corp, these people have all invested in cryptocurrencies.
However, this year was especially unique with governments competing against one and other in order to become the next Silicon Valley of cryptocurrencies. With much of Asia adopting blockchain technology and other Nations creating the necessary infrastructure to implement such technology.
Despite all these developments, there is one financial sector that cryptocurrency technology is lagging in and that is the use of cryptocurrencies in the services and contractual agreements, especially cross border services. However a solution lies in ETHMS, which uses the Ethereum Shares Token. Read more from themerkle.com…
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