What are the TFD tokens used for?

TFD is a tokenized software licence. In order to access and use the TE-FOOD ecosystem, supply chain companies or implementation partners have to obtain an appropriate number of tokenized software licences.

The utility of the tokenized licences is to provide access for a certain number of users, and to provide eligibility for a certain number of transactions. A tracking transaction involves the storage of data in the blockchain, allowing for tracking or further processing. By means of the transaction, data are retrieved or a tracking transaction is executed, i.e. a data set is written in the blockchain (read or write access executed).

More details in this blog post:

https://medium.com/te-food/token-economy-of-te-food-b617efe17115

No Comments

Leave a Reply

Your email address will not be published.