BCH tokenization solutions to be announced in November - CoinGeek

Eren Sengezer FXStreet

Back in February, CoinGeek announced that it launched a contest with the available prize of £5 million worth of Bitcoin Cash challenging the community to put tokenization on the BCH chain.

Just recently, Cision PR Newswire published an update provided by CoinGeek saying that they were expecting the solutions to the challenges to be rolled out before the CoinGeek conference in November, which will take place a few days after the network upgrade is executed on November 15.

"Since the contest was announced early this year, more than 50 teams have taken on the challenge to design a tokenization solution that runs on the BCH blockchain as well as its associated test networks. Among the participants, CoinGeek has already seen three impressive drafts of white papers solving the token and smart contract issue," the article read.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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