A company running a small scooter rental service in Taipei, Taiwan’s capital city, has minted an SLP token on the Bitcoin Cash network to support its business and to attract investors and customers. The company issues its own cryptocurrency, a Simple Ledger Protocol (SLP) token. SLP is a token-based protocol built on top of the Bitcoin Cash (BCH) blockchain. It facilitates the creation of tokens that can serve various purposes depending on the needs of the issuer.

Also read: SLP Token Trading Platform Cryptophyl Adds BTC Pair With Bitcoin Cash at Flat 0.15% Fee

Taipei Scooter Offers Tourists a Fun Way to Get Around

Motor scooters are arguably the most popular means of transportation in Taiwan, a common sight on the roads of the densely populated island where there are almost 600 scooters per 1,000 people. In central Taipei, however, with its narrow streets and pedestrian areas, electric kick scooters have been gaining ground too. Locals and visitors alike often choose this smart and efficient way to move around in the urban jungle…

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Source: https://news.bitcoin.com/slp-token-fuels-scooter-rental-business/