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

Latest News

Huge rallies led by students demand tighter U.S. gun controls

Mar 24, 2018

By Ian Simpson and Katanga JohnsonWASHINGTON (Reuters) - Hundreds of thousands of Americans galvanized by last month's Florida school massacre rallied in cities across the country on Saturday to demand tighter gun laws.Carrying signs with slogans such as "If they choose guns over our kids, vote them out," protesters in Washington jammed Pennsylvania Avenue as students from the Parkland, Florida, high school where 17 people were shot to death called on lawmakers and President Donald Trump to confront the issue.The massive March For Our Lives rallies, some led by student survivors from Parkland, aim to break legislative gridlock that has...

Thomas, Watson, Noren and Kisner make Match Play semi-finals

Mar 24, 2018

(Reuters) - Americans Justin Thomas and Bubba Watson are set for a heavyweight showdown at the WGC-Dell Match Play after winning their quarter-finals in Texas on Saturday.Second seed Thomas, in brilliant form all week, continued his hot run with a 2&1 win over fellow American Kyle Stanley at Austin Country Club.Watson was even more dominant, thrashing Thailand's Kiradech Aphibarnrat 5&3.Swedish 13th seed Alex Noren will face American 32nd seed Kevin Kisner in the other semi-final on Sunday morning.Noren beat Australian Cameron Smith 4&2 while Kisner crushed Englishman Ian Poulter 8&6.Thomas did not play quite as smoothly against Stanley as in...

Turkey takes full control of Syria's Afrin: military source

Mar 24, 2018

By Bulent UstaAFRIN, Syria (Reuters) - Turkey's military and its Syrian rebel allies have taken full control of northwest Syria's Afrin region, a Turkish army source said on Saturday, as aid workers distributed food to people in the area.Turkish forces and the Syrian fighters swept into the main Afrin town last Sunday after an eight-week campaign to drive out the Kurdish YPG militia, which Ankara regards as a terrorist group.A military source told Reuters the last remaining villages had been seized and control established overnight."Control has been completely achieved in the Afrin region and search operations are continuing so that...

Wozniacki says she, her family verbally abused at Miami match

Mar 24, 2018

(Reuters) - Australian Open champion Caroline Wozniacki said on Saturday she and her family were verbally abused and the subject of death threats by spectators during her loss to Monica Puig at the Miami Open the previous day. Wozniacki, in a Twitter posting, said tournament staff and security did nothing to prevent the abuse. However, Miami Open officials said they were not aware during the match of any threats and would have been handled the situation immediately if notified.Number two seed Wozniacki won the first set against Puig 6-0, but then lost the next two 6-4 6-4."I am fully aware...

As Syrian rebels quit Ghouta, Douma stands alone

Mar 24, 2018

BEIRUT (Reuters) - Syrian rebels began pulling out of several towns in their former enclave of eastern Ghouta on Saturday, surrendering them to the government and leaving the besieged city of Douma as their last bastion there. It comes after a month-long assault that devastated the already battered eastern Ghouta, an area of farmland and towns that was one of the first centers of the uprising in 2011 and the last major rebel stronghold near the capital Damascus. Ten buses carrying fighters along with their families and other civilians started to leave the enclave after dark, the vanguard of a...


Obserworld delivers the most accurate and up-to-date world news for the global audience with a thorough research and in-depth interviews. Discover the world through Obserworld.

Contact us: