Why Do Tokens Matter?
By Emre Camlilar, Product Manager, MV Index Solutions
Tokens can bring investment value beyond speculative returns.
Tokens are different from coins: While a coin possesses its own blockchain, i.e., its own distributed database and its own network, a token resides on an existing blockchain, e.g., supporting smart contracts. This can make it is easier to create tokens.
Tokens can have a broader functionality than coins, especially as a means of payment: Tokens aspire to provide faster, more convenient, and less expensive transactions between businesses and customers. For example, OmiseGo seeks to challenge traditional payment networks by building less costly and more secure payment systems.
Emre Camlilar oversees product management for MVIS indices globally. He is an index expert with 5 years of experience in index development, management and maintenance. As product manager with extensive index expertise, he offers deep knowledge of MVIS products, operations and new index construction and administration. Emre Camlilar holds an M.Sc. in Economics from the University of Freiburg, Germany.
The article above is an opinion of the author and does not necessarily reflect the opinion of MV Index Solutions or its affiliates.