The Power of Security Token

Hagen Hübel
1 min readJan 10, 2019

The power of security token:

- issue securities without syndicate banks which reduces high costs of a IPO

- voting-rights of shareholders are happening via smart contracts and can be submitted at any time. Just a web browser is required.

- joining of General Meetings is not necessary anymore -> save time and travel costs for shareholders and even the company as well

- paying dividends is based on code. Full digitalisation of the whole process without the need of any banks or market makers in the middle

- high liquidity towards open permission less blockchain technology behind the scenes

- rules are code! Rules that was coded, happens immutable on the blockchain and can’t be changed or modified by a single attacker

- the most trust a shareholder can ever get because code is not lying, and all code behind the token can be viewed and audited at any time by everyone, independently of how many shares one holds

- high transparency due to all this for everybody: the shareholders, the company, the board, the employees, tax authorities and so on

Exciting times are coming. I am so glad to be one of the first movers in this field. I love challenges and probably this will be the most exciting piece of code i will have ever written so far :)