STK Whitepaper

Abstract

The STK token will enable real time point of sale (POS) transactions directly from users’ private cryptocurrency
wallets. We predict the ability to make purchases in-store and online using cryptocurrencies will speed
up mass adoption of the technology. The STK token is part of a global solution to facilitate borderless
transactions. To make instant payments at point of sale from a blockchain wallet requires we do a real-time
exchange of cryptocurrency into fat. The STK token provides access to our state channels which a) ensure
there is suffcient cryptocurrency (i.e. Bitcoin, Ether) in the digital wallet and b) users spending fat at point
of sale will complete the purchase from their cryptocurrency assets. STK automatically opens a state channel
between each user and STK’s own wallet. STK tokens fund the transaction, much like gas funds Ethereum
transactions. The frst implementation will be with STACK’s digital wallet. STK tokens will be implemented
on the public Ethereum blockchain and adhere to the ERC20 protocol.

STK Website
STK Whitepaper

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