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New Hedera Token Service Offers Native Token Issuance and Configurability Without Smart Contracts HTS Enables Enterprises to Embrace the Disruption of Tokenization in a Secure, Performant Manner News provided by Share this article DALLAS, Feb. 9, 2021 /PRNewswire/ Hedera Hashgraph, the enterprise-grade distributed public ledger, today announced the public availability of the Hedera Token Service (HTS), a new Hedera network service that offers users the ability to issue and configure tokens on the Hedera platform, taking full advantage of Hedera Hashgraph s native performance, security, stability, and governance. HTS offers a faster and more efficient alternative to smart contract token creation, and is based on the emerging industry standard Token Taxonomy Framework from the InterWork Alliance. ....
What: Hedera Hashgraph, the enterprise-grade distributed ledger, is hosting Hedera21 - a virtual hackathon to showcase the tokenization of digital or physical assets. Hedera announced the hackathon with an open call for developers to build applications on the Hedera Token Service (HTS), with an opportunity to win up to $35,000+ USD in HBAR rewards. There is vast potential in the tokenization of assets to make business processes more efficient, as well as opening up new revenue streams. HTS simplifies the issuance of native tokens, while ditching congestion and high gas fees. This comes with the added guarantee of network stability, as facilitated by Hedera s decentralized governing body of global organizations. ....