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Cryptocurrency News Articles

Philippine-Made Prismo Blockchain Utilized by Budget Department Launches Gas Token, $PRSM

Dec 13, 2024 at 05:50 pm

Prismo, a currently developing accountability layer, has launched its gas token, $PRSM,  using quadratic funding and an augmented bonding curve for its value strength.

Philippine-Made Prismo Blockchain Utilized by Budget Department Launches Gas Token, $PRSM

Filipino blockchain technology company BayaniChain has launched the gas token for its Prismo blockchain, currently under development.

Filipino blockchain technology company BayaniChain has launched the gas token for its Prismo blockchain, currently under development.

The token, called $PRSM, is designed to support Prismo’s blockchain-utilizing applications for governments and enterprises, including tokenized records, secure data sharing, and seamless on-chain transactions.

The token, called $PRSM, is designed to support Prismo’s blockchain-utilizing applications for governments and enterprises, including tokenized records, secure data sharing, and seamless on-chain transactions.

The launch of the gas token is significant as it will power the Prismo blockchain and enable various use cases for government and enterprise applications.

The launch of the gas token is significant as it will power the Prismo blockchain and enable various use cases for government and enterprise applications.

Currently, Prismo is being utilized by the Philippine Department of Budget and Management (DBM) to enhance transparency and efficiency in government processes.

Currently, Prismo is being utilized by the Philippine Department of Budget and Management (DBM) to enhance transparency and efficiency in government processes.

The gas token will further contribute to the sustainability and scalability of the Prismo blockchain.

Interested parties can still participate in the gas token launch and contribute to the development of the Prismo blockchain.

Interested parties can still participate in the gas token launch and contribute to the development of the Prismo blockchain.

The contribution period will conclude on December 20, 2024, at 8:00 p.m., Philippine time (GMT+8).

The contribution period will conclude on December 20, 2024, at 8:00 p.m., Philippine time (GMT+8).

To participate, visit the Prismo Gas Token Launch website and follow the instructions provided.

News source:bitpinas.com

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