Bitcoin.com and CYBAVO have announced the recent support of SLP tokens on enterprise wallet management platforms CYBAVO VAULT and CYBAVO Wallet SDK.
Simple Ledger Protocol (or SLP) is a simple token system allows to create tokens on Bitcoin Cash network in a permissionless way. SLP tokens can be spent, traded or sent. The tokens are transferred, attached to a minimal amount BCH transaction. All transactions are recorded on chain, and custom token behavior can be defined using bitcoin Script developing language.
SLP tokens adoption has grown rapidly during 2019. Bitcoin.com has started trading SLP tokens on its exchange, such as GoCrypto’s GOC, a token that enables online or physical merchants to accept crypto payments and receive settlement in their local fiat currency. Other cases of SLP-based token adoption are the launch and trade of an SLP token called ACD issued by the Tokyo-based ANA Holdings subsidiary Alliance Cargo Direct, or tokens built for the cities of Dublin and Ohio. More than 6,200 tokens have been created using SLP framework so far.
Paul Fan, CEO at CYBAVO states that “One of the main points that is stopping a broad adoption of cryptocurrency today is the complexity barrier and the lack of user-friendly solutions. SLP tokens allow companies and users to easily issue tokens on their own terms. Including SLP support into CYBAVO products it is a natural step in our mission to offer secure and user-friendly enterprise cryptocurrency wallets”.
Bitcoin.com is a company focusing on the adoption of Bitcoin Cash and Bitcoin digital currencies. Its services include a cryptocurrency wallet, exchange, mining service and cryptocurrency news outlet.
CYBAVO is a cybersecurity firm providing enterprise-level secure private key management platforms for blockchain applications. Its cryptocurrency custody platform CYBAVO VAULT is being used by more than 20 companies, including Taiwan top 2 cryptocurrency exchanges.
CYBAVO has worked closely with Bitcoin.com to bring support for SLP token to its enterprise wallet system CYBAVO VAULT and the mobile wallet development kit CYBAVO Wallet SDK. SLP tokens are already available on both platforms.
Bitcoin.com is supercharged to change the world with Bitcoin Cash (BCH). Their suite of developer tools has been downloaded 36,000+ times from over 100 countries. The company’s team is the heart and soul of the Bitcoin Cash industry and they are committed to makingBCHavailable to all people, whatever their age, gender, nationality or financial status.
About CYBAVO Pte. Ltd.
CYBAVO Pte. Ltd. provides secure private key storage and management enterprise solutions for blockchain, including usable cryptocurrency custody platform and services for enterprise and financial institutions, such as cryptocurrency exchanges, digital asset managers or custodians.
The company was founded in 2018 by a team of experts from cybersecurity, blockchain and digital currency industries. The company has developers and researchers with solid experience in the security and cryptocurrency fields.
Contact: Roberto Machado - robert[at]cybavo.com