A coin is a unit of digital value. When describing cryptocurrencies, they are built using the bitcoin technology and have no other value unlike tokens which have the potential of software being built with them.
A token is a unit of value that is released by an organization and based on a blockchain, acting as an alternative for tasks when a cryptocurrency is unable to be used. Tokens exist digitally as a distributed record in the register of a blockchain. To understand tokens better, it is important to realize that they are to attract investors in an initial coin offering or ICO. While new Bitcoins are made through mining, new tokens are made by an individual or entity that already has Bitcoins or other kinds of digital money. Everyone can invest in a start-up with a guarantee of getting a share of the income from transactions. So here, tokens work as stock but does not give its owner managing rights in the company. Inside an application, tokens function as an internal currency for buying products and services and they facilitate the investment of fiat money into the cryptocurrency-related projects. Here they perform as debentures with a guarantee of profit in a fixed period of time.
The Bollore Lab projects are based on four domains of innovation. They are driven to evolve regularly thanks to their co-creation approach, focusing on the evolution of the technologies and uses of the customers. BOLLORE Lab is Bolloré Logistics’ digital innovation booster.
Its aim is to accelerate the digitization of the supply chain by supporting all innovation initiatives, from ideation to go-to-market phase.
The experimental and collaborative approach focuses on the needs of the customers in a context of Digital revolution, Volatile & complex markets, and facing New competitors. It is based on a design thinking methodology.
These innovation initiatives are led by four technologies…
…and relies on four pillars