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In the current era of Blockchain evolution, a new concept has emerged: Tokenization. Tokenization is an intrinsic part of the Blockchain technology that serves the purpose of platform identification and accessibility. The power of tokens Every Blockchain platform is powered by tokens, sometimes also referred to as “coins.” Bitcoin is a token, as is Litecoin, […]
Most Ethereum and cryptocurrency enthusiasts have become familiar with ERC20 tokens. This token standard is used to create new forms of currency on the Ethereum blockchain. Now that Ethereum Improvement Proposal 20 has been formally adopted, the ERC20 token standard is officially instituted. This is a major development for the ecosystem as a whole, as the proposal […]