The Gibraltar Blockchain Exchange (GBX) has just announced the first approved token that will launch on the GBX grid, Traceto.io’s utility token, Traceto Token (T2T).
The GBX Grid, due for release in April, provides companies with access to a registered list of whitelisted and KYC-verified potential participants.
The listing process is what sets the GBX aside from its competitors, projects cannot join the GBX Grid directly and instead Sponsor Firms are responsible for introducing token sale projects to the GBX. This ensures that only quality tokens are approved and allowed to enter the GBX ecosystem.
T2T is the ECR20 utility token underpinning Traceto.io, a decentralised Know Your Customer (KYC) network. It provides an inclusive KYC solution for cryptocurrency and blockchain product companies, fusing smart contract and artificial intelligence technologies. Traceto.io was brought to the GBX Grid by a founding sponsor firm, Broctagon Fintech Group.