What is the token of the IOTA blockchain (IOTA blockchain public chain system version 1.0)?

What is the token of the IOTA blockchain? The IOTA blockchain is a digital asset trading platform based on cloud computing technology. It was jointly initiated by the China Academy of Information and Communication Technology and the School of Computer Science at Shanghai Jiao Tong University. It provides a one-stop solution for financial institutions through the “distributed business” model. It adopts decentralized smart contracts, immutability, transparency, and other features to achieve the requirements of open account record keeping, secure and trustworthy settlement, and efficient node operation management in high-concurrency scenarios. On top of the IOTA blockchain, a new network ecology called XueBiToken has been developed. This token can be one of the processes for the value transmission and collective governance of the system participants.

IOTA blockchain public chain system version 1.0

The IOTA blockchain public chain system version 1.0 was officially released on November 3, 2018. It is a new generation alliance-level private cloud platform and application based on Baas technology, independently developed by IOTA. It has completed the upgrades of mainnet, test network, and test environment functionalities and performance.

It is reported that the project is led by Shenzhen Sutong Industrial Co., Ltd., a high-tech enterprise with “new infrastructure” and “smart park” as its core business, and a leading company in the “digital economy” field. It is the only wholly-owned subsidiary of China Construction Group, the leading industrial internet technology provider in China. (Sina Finance)