Cryptoshare - Definition from the Hotspot Shield Encyclopedia
Cryptoshare is a form of share (i.e. a share in a business) that provides a digital means for the submission, storage, registration and transfer of shares over the public Blockchain. The Blockchain is used predominantly for the transfer of Bitcoins and other digital currencies, however it does have other potential uses, one of which is the creation and transferal of digital shares. Coins can be used to represent a share in a business, i.e. 1 Bitcoin could represent 1 share in a business. The Cryptoshare technology allows businesses to issue digital shares or transform their traditional shares into digital shares. As with digital currencies, to access, store and transfer digital shares, a business must obtain a digital wallet for facilitation.