Bitpanda launches Pantos, The First Multi-Blockchain Token System

Bitpanda, Europe’s leading retail broker for digital currencies, has started an open-source research project named Pantos, together with scientists from the Technical University of Vienna, the Academy of Sciences, and the Research Institute for Future Cryptoeconomics (RIAT).

Austria, Vienna - March 14, 2018 /MarketersMedia/ —

Bitpanda, Europe’s leading retail broker for digital currencies, has started an open-source research project named Pantos, together with scientists from the Technical University of Vienna, the Academy of Sciences, and the Research Institute for Future Cryptoeconomics (RIAT). The project will develop the Token Atomic Swap Technology (TAST) and will release the developed work as an open-source technology.

Pantos will be financed by a Technology ICO, which will be capped at 1500 BTC to ensure the development of open-source technology that should enable a key technology for a token-based environment – the Token Atomic Swap Technology (TAST).

Pantos wants to solve the blockchain fragmentation problem. After Bitcoin, many digital currencies based on the blockchain technology have been launched, each with their own specifications and protocols. A future with multiple blockchain networks is very likely.

Founders of Bitpanda Eric Demuth, Paul Klanschek and Christian Trummer Stated That:

“The various networks compete not only for investment, resources and market share – but also for knowledge. This is where Pantos comes into play: With the new technology and the PAN Token, for the first time, it is intended to enable valuable transfers of tokens across several blockchains,“

With it’s open source approach, Pantos will enable sustainable collaborations between blockchain projects and common technical standards for cross-blockchain transfers can be set. Pantos will be initially launched on Ethereum, with Bitcoin, Litecoin, Lisk, Komodo and Waves, all first blockchain-generation, support expected to follow soon.

The Three Founders Also Stated:

“It is particularly important to us, that the associated Technology ICO finances the new technology and research, which is why it is limited to 1500 BTC, to provide an open-source technology for the industry. It is deliberately not a start-up financing system.”

Enabling Real-Time Arbitrage:

Pantos will enable near-real-time arbitrage trading, resulting in increased volumes across all decentralised marketplaces and an expected increase in demand for PAN tokens. Traders will be able to exploit the resulting price differences between pairs of ‘digital currencies’.

A new metric: Blockchain Domination Index

The flexible portability functions allow the PAN token to form a common denominator and thus, the introduction of a new unit designed for the crypto-economy. The Blockchain Domination Index displays the token usage and distribution among all supported blockchains in real time. Thanks to PAN, this allows the significance of each blockchain to be measured on the basis of genuine usage.

About Bitpanda

Bitpanda’s founding members are digital currency enthusiasts since the emergence of Bitcoin. Back in 2013 it was difficult to buy digital currencies in Europe, which led them to their visionary idea of Bitpanda. Since then, has grown to become Europe’s leading retail broker for digital currencies, currently offering Bitcoin, Ethereum, Litecoin, Dash, Bitcoin Cash and Ripple, and fully integrated EUR trading, including in-house-developed wallet solutions for all assets.

Pantos supporters: Pantos is being supported and advised by some of the most respected projects and people in the global blockchain space. For the full list you can check out or the Pantos Vision-paper.

You can find more information and a press kit on the official website

Media Contact
Location: Vienna, Austria

Visit the Website:
Read the Whitepaper:
Join on Facebook:
Follow onTwitter:
Subscribe on YouTube:
Chat on Telegram:

Pantos is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

Contact Info:
Name: Pantos
Organization: Pantos

For more information, please visit

Source: MarketersMedia

Release ID: 314208

More News From

Karthik smashes 6 off last ball as India beats Bangladesh

Mar 20, 2018

COLOMBO, Sri Lanka — Dinesh Karthik smashed a six off the last ball to pull off a stunning four-wicket win for India over Bangladesh in the final of the Independence Cup T20 tri-nation series on Sunday. Asked to bat first, Bangladesh scored 166-8 in its 20 overs with Sabbir Rahman top scoring with 77 off 50 balls. India started the chase well but stumbled midway and needed 34 runs off the last two overs when Karthik came out to bat. Karthik scored 22 runs in the 19th over against seamer Rubel Hossain. India needed 12 off the last over and...

Bangladesh pair Shakib and Nurul fined for misconduct

Mar 20, 2018

COLOMBO, Sri Lanka — Bangladesh captain Shakib Al Hasan and squad player Nurul Hasan have been fined for their conduct during an acrimonious final over of a Twenty20 tri-series match against Sri Lanka. The International Cricket Council announced Saturday that both players would be fined 25 percent of their match fees and given one demerit point apiece following incidents on Friday. The demerit points, if accumulated, can eventually lead to suspension. The ICC said in a statement that the duo had pleaded guilty to their offenses. Shakib briefly called his batsmen off the field, almost forfeiting the match, when the...

Bangladesh beat Sri Lanka to reach T20 tri-series final

Mar 20, 2018

COLOMBO, Sri Lanka — Mahmudullah smashed a six off the second-to-last delivery in a dramatic final over for Bangladesh to beat Sri Lanka by two wickets on Friday and qualify for the Twenty20 tri-series final. Tournament host Sri Lanka will miss the climax of its own party. Bangladesh will face India in the final on Sunday. Bangladesh needed 12 off the last four balls and nearly left the field and forfeited the match after protesting that the umpires did not award them a no ball. However, when play resumed Mahmudullah hit 4-2-6 off left-arm medium-pacer Isuru Udana. The winning hit...

Egypt coach facing obstacle of Ramadan ahead of World Cup

Mar 20, 2018

CAIRO — Well-traveled and much experienced as a soccer coach, Hector Cuper is facing a new obstacle when it comes to preparing Egypt for this year's World Cup. The tournament in Russia starts on the final day of Ramadan, the holy month that requires Muslims to fast from sunrise to sunset. Egypt is scheduled to play its opening match a day later, on June 15, against Uruguay. That means much of Egypt's preparations for the World Cup — the country's first in 28 years — will be done while the all-Muslim team is supposed to be fasting during daylight hours....

India chases down Sri Lanka to lead Twenty20 tri-series

Mar 20, 2018

COLOMBO, Sri Lanka — India led the Twenty20 tri-series after beating host Sri Lanka by six wickets with nine deliveries to spare in their rain-affected match on Monday. After putting Sri Lanka into bat, India medium-pacer Shardul Thakur took a career-best 4-27 to restrict Sri Lanka to 152-9. In the chase in a match reduced to 19 overs per side by rain, India was led home by an unbroken 68-run stand for the fifth wicket between Manish Pandey (42) and Dinesh Karthik (39). India has one more win than Sri Lanka and Bangladesh, and can clinch a place in the...

About Us

Get all the up-to-date breaking news about politics, business, entertainment, sports, lifestyles, weather, traffic, and local news in a seamless digital environment only in Morning Dispatcher.

Contact us: sales[at]

Subscribe Now!

Quick Links