Jonny Fry Posted

Open-source ERC3643 brings standardisation and interoperability to digital securities

Written by Daniel Coheur co-founder Tokeny

 

The proven standard for digital securities

The ERC3643 is a suite of smart contracts that enables issuers to mint and manage identity-based permissioned tokens to enforce compliance. These tokens only allow users who meet eligibility rules to become token holders by verifying the credentials of users’ digital identities. These credentials are issued by third parties of the issuers’ choices, be it a KYC provider, a bank or a government, etc. The identity-based whitelisting approach makes ERC3643 the most suitable standard for digital securities, as it ensures compliance while...