Silk Road Coin (SRC)

Utility Token Powering the LGR Global Platform & Uniting Silk Road Countries in the 21st Century.

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Interest lvl

Medium

Updated: May 17, 2023

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User Rating

Highest

5/5 • 2 votes

Ticker

SRC

Type

Utility-token

FoundedEstonia

Registration countryEstonia

Registration year2021

Office addressPapiniidu 5, 80042, Pärnu, the Republic of Estonia

What is Silk Road Coin

The Silk Road Coin (SRC) is a next-generation blockchain-powered utility token engineered specifically for use within the SRC Business Ecosystem / LGR Global Digital Platform.

With SRC Business Ecosystem or LGR’s focus on the 68+ countries that make up the Silk Road Area (Europe-Central Asia-China), the SRC provides business clients access to a suite of digital trade and trade finance services and tools, and offers users unprecedented levels of network security and transparency, plus best-in-class transaction speeds.

The SRC Business Ecosystem is a medium of exchange that serves different trading partners (producers, end-users, trading, insurance, shipping, freight forwarding, port authorities and government) in the commodity trade – reducing total transaction cost to all trading partners.

The SRC business ecosystem is powered by blockchain and smart contracts, reinforced by SRC utility token - allowing for secure digital transfer of funds which are pegged into Euro or Yuan – as a transparent and stable source of digital tender – supporting all aspects of commodity trade transaction; trade finance, money-movements, supply chain finance, insurance and across subsidiary/business unit money movement transactions.