Traditional ETN (Exchange-traded Note) concept needs a third party to keep a ledger. This requires additional trust-related costs with limited access times and clearing times. Credit Washington (CW) has developed the next-generation ETN technology on blockchain networks, called Blockchain-traded Note (BTN) and offered 2x bi-directional Ethereum BTNs. Through ICO, CW will develop and integrate more BTNs to Ultrashares.io.
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