10 years ago, Bitcoin was founded by Satoshi Nakamoto and a team of developers. Many people did not foresee that Bitcoin would revolutionize the world as it did today. The idea behind Bitcoin was to eliminate the central authorities such as banks with a new peer to peer electronic cash system. The system was elegant and transparent, every transaction made in the system is recorded in the blocks and anyone could track them down, besides, it was not revealing anyone’s identity since the addresses were not coupled with any real people. These features attracted more people in time and in the recent years many blockchain systems have emerged. Nowadays, many experts state that blockchain’s current situation is similar to World Wide Web’s first days.
4 years ago, talented people created Ethereum which united the contracts with Blockchain and smart contracts were born. That became a gateway for developers to create their own tokens and smart contracts. Today, a lot of cryptocurrencies are using Ethereum platform and that proves Ethereum help blockchains develop in a good way.
Even though the Blockchain and cryptocurrencies represent the future, they need to touch people’s daily life. If they cannot manage that they will be traded in cryptocurrency markets for a while and they people will forget them in a few years. That is what Herbalist team desired, creating a real use case for cryptocurrencies and help them revolutionize the world into a better place. In this greenpaper, we will explain how Herbalist Token Project unite the power of herbs with the latest technology.
Before diving into what Herbalist Token Project is, we will share some important information about rare herbs.
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