Global Blockchain Assets’ first-ever XScrip launched
Global Blockchain Assets LLC launched its global offering of a new asset-backed cryptocurrency called “Xscrip Smart Security Token”, or “XScrip Token”.
The company, through its parent company, Blockchain Holdings, Inc., has economically backed the XScrip Token with hard assets and revenues associated with oil and gas, gold, blockchain and clean technologies. The oil and gas backing alone represents more than 1 billion barrels of oil secured through production agreements.
“The multiple hard assets and technology gives the XScrip Tokens significant economic backing and greater stability with the upside of asset appreciation and associated revenue,” says Alan Forbes, president and co-founder of Global Blockchain Assets.
“Technology experts and digital traders are expected to be interested in the exceptional tools that are part of the XScrip Token asset base. Large institutions and family offices will find the asset appreciation and associated revenues attractive.”
The investment in patented and patent pending blockchain and clean technologies makes the company a pioneer in the digital trading field.
“The blockchain patented and patent pending technologies include future applications in the medical, insurance and science fields that can benefit from unbreakable security and encryption tools as well as the application of artificial intelligence to the blockchain community. The clean technologies, including patented geothermal fuel cell processes, can significantly reduce the lifting cost of oil while reducing environmental impact. The clean technologies have broad application in a number of industries beyond oil, such as mining, defense and emergency management,” says Forbes.
