SIMBCOIN (SMB) is a Token based on the Ethereum ERC20 system, an intelligent contract technology in Blockchain. In the operation of this technology, the mining is not essential. A token contract deployed on Ethereum is a smart-contract like any other, simply containing a register designating the owners of tokens of the contract and managing all the transfers of these tokens by updating said register.
For example, if X sends a transfer transaction of 100 tokens to Y, the contract modifies its register to reduce the total number of tokens of X by 100 and at the same time increase that of Y. So it is a question of intelligent register, hence the name Ethereum Request Comment (ERC20).
Thus, the new asset management system tokens in regulation offers a maximum level of security, which want that when buying a token, it is about a share of corresponding share of the issuing company, because behind all token is a project, hence the type of token that is SIMBCOIN, a Security Token Offering (STO).[simbcoin, Simbcoin, Simb, coin ]