Cryptyk

CTK is a utility token that leverages the permanent immutable nature of consensus driven blockchain technology to underpin a new independent digital economy for secure, private cloud storage applications. The primary function of the CTK Token is for the processing, auditing and logging of cyber-security verification tasks for Cryptyk’s SaaS Cloud Storage and Security platform. When initially listed in 2019 the CTK smart contract was built on top of the ERC-20 Ethereum protocol to establish initial liquidity and a trading regime. However CTK is blockchain agnostic and can sit on top of public protocols such as Bitcoin and Ethereum, and also private permissioned protocols such as Hyperledger. This effectively makes CTK tokens “future-proof” against the potential availability of improved blockchain protocols, and applicable to enterprise, business and consumer applications.