Security tokens might have their own Ethereum-based token standard called ERC-1400.
Polymath is working on tokenizing any kind of real-world asset that is offered only to accredited investors.
They automated the services needed for issuing a token and then trading it.ERC-1400 works as an umbrella that interoperates with several other token standards to manage fungible and non-fungible trading regulation.
They promise on-chain ownership but have not made the case why this is legally mandatory.
It is meant to help entities organize security token offerings (STOs) and better comply with regulations.According to the authors, who presented their security token standard via Github, the new resulting token should be compliant with both ERC-20 and ERC-777 standards.
Also, the token will have to ensure a complex connectivity environment between on-chain and off-chain actors.So what do you think of the continued development of the ERC-1400 security token standard suite?
Security tokens might have their own Ethereum-based token standard called ERC-1400.
Polymath is working on tokenizing any kind of real-world asset that is offered only to accredited investors.
They automated the services needed for issuing a token and then trading it.ERC-1400 works as an umbrella that interoperates with several other token standards to manage fungible and non-fungible trading regulation.
They promise on-chain ownership but have not made the case why this is legally mandatory.
It is meant to help entities organize security token offerings (STOs) and better comply with regulations.According to the authors, who presented their security token standard via Github, the new resulting token should be compliant with both ERC-20 and ERC-777 standards.
Also, the token will have to ensure a complex connectivity environment between on-chain and off-chain actors.So what do you think of the continued development of the ERC-1400 security token standard suite?