Repo Coin, a platform that uses stellar protocol for token operation as a replacement for the usual ERC20. Our project belongs to the car repossession industry. Our project was developed by a number of professionals with extensive knowledge of the industry. Our major aim is to solve problems that are relating to insecurities of non-payment by the borrowers towards finance companies with the aid of technology and business solutions. Our strategic goal is to decentralize the entire process thereby taking it beyond traditional practices that consumes time and efforts. With the aid of blockchain and automatic digital license plate number reader technology, this project will provide an end to end technology solution. This project will incorporate blockchain technology to the lending and service market.
Standard Tokenization Protocol is a smart contract platform that allows issuers to create and issue token offerings in a regulatory compliant manner in a large number of jurisdictions around the globe. The protocol allows the integration of international regulations to enable compliant issuance of tokenized assets and cross-jurisdictional transfers of ownership. It also allows for issuer-specific parameters such as ownership concentration, holding periods, and voting. By issuing a permissioned ERC-20 token (STPT) on the Ethereum blockchain, Standard Tokenization Protocol ensures that: 1) regulatory and issuer-specific compliance requirements included in the smart contract are met at the token level, and 2) changes in the regulatory landscape can be captured and integrated. Standard Tokenization Protocol standard enables the tokenization of any type of asset in a globally compliant manner.