SimbCoin

SIMBCOIN SWAP is a Token based on the ERC20 system from Ethereum, a smart contract technology in Blockchain. In the operation of this technology, the mining is not essential. A token contract deployed on Ethereum is a regular smartcontract with a register designating the owners of tokens and managing all the transfers of these tokens by updating the said register. For example, if X sends a transfer transaction of 100 tokens to Y, the contract modifies its register to reduce the total number of tokens of X by 100 and at the same time increase that of Y. So it is a question of smart register, hence the name Ethereum Request Comment (ERC20). Thus the new asset of token management system in regulation offers a maximum level of security, which wants that when buy a token, it is about a share of corresponding shares of the issuing company. More interessing, it is based on a viable project. The emblematic city SIMBCITY, a real estate project, focused on a sector booming in Africa: tourism.