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Showing posts with the label erc20tokens

Asset Tokenization Platform-ICO App Factory

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What is an Asset Token or Asset Based Tokens ( ABT )? With the emergence of Blockchain, the concept of ‘Tokenization Blockchain’ is becoming mainstream. Lets go back a little and start with Cryptocurrency . The era of crypto witnessed many coins being born ( Bitcoin, Ether, Neo, Zcash etc. ). It became clear to the world that anyone can create a coin based on an algorithm and pre-defined logic ( There are 4000+ coins at this moment ). This trend shifted to people creating Utility tokens, which are again a cryptocurrency that was used to facilitate an event or transaction in a business logic ( Ex: XRP is used to transfer money across borders ). These coins or tokens were priced and traded. This gave launch to something called the Initial Coin Offering (ICO ). But then many ICO’s crossed the barrier of being just a Utility token, to being a share of the issuing company. The regulatory bodies across the globe took notice and started issuing strict warning on this. So, was

How to Integrate ERC20 Token and Ripple XRP?

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How it works? The difficult parts in integrating an ERC20 token to any application / Exchange Development are: In-Sufficient libraries for all technologies, the installation of the Ethereum Node, The deployment of the respective contracts (that differ from token to token), the seamless communication between the node and the application for the respective contracts for the respective commands. We have solved all the above by creating an Add-on that is written on NodeJS.  Step 1 : Install this fantastic Add-on on a separate instance (using our user friendly Step-by-Step installation manual) Step 2 : Install the Ethereum Node. ( using our crystal clear step-by-step instructions ) Step 3 : Connect the Add-on to the ETH Node using the robust API’s provided (and instructions provided) Step 4 : Get the Admin Panel up & running (using the simple step-by-step instructions). Step 5 : Add the required ERC20 tokens via. the Admin Panel ( by keying in a couple of