The crypto currency blockchain will not only allow the creation of new currencies, but it will also be used to manage assets, like a car, that are used daily for transportation and investment.
The blockchain, which is built upon the Ethereum blockchain, aims to make money by decentralizing ownership of assets, and has been used in an effort to provide a decentralized exchange of financial assets such as gold, silver, and bitcoin.
A recent ICO, The Blackmoon Project, which raised $2 million, is aiming to offer the first crypto-based asset, a platform that allows anyone to trade cryptocurrencies in the U.S. through a platform similar to the Bitfinex exchange.
According to a statement, the Blackmoon project is using its new platform to enable the exchange of cryptocurrencies to the U, S.A. and Canada for trading purposes.
It aims to have this exchange up and running by the end of 2019, it said.
The BlackMoon platform will provide the first public crypto-backed tokens, the statement said.
According the company’s website, the project will create a decentralized platform for exchange of digital assets with the purpose of the U., S. A., and Canada.
It plans to use the blockchain to facilitate the safe and secure transfer of digital currencies to U. S. and Canadian consumers, investors and businesses, the company said.
In the last year, there has been an increasing interest in blockchain technology, especially in cryptocurrency markets, said David A. Berenbaum, CEO of the Berenberg Group, a New York-based financial services company.
A few years ago, many banks were hesitant to invest in blockchain companies, he said.
The new ICO is a step in that direction, he added.