Overview

The Token standard for RWA Tokenization

🤖 ERC-3643, the standard for permissioned tokens

THERE WAS NO STANDARD FOR REAL WORLD ASSETS AND DIGITAL SECURITIES, SO WE BUILT IT

The ERC3643 protocol is an open-source suite of smart contracts that enables the issuance, management, and transfer of permissioned tokens. Its built-in decentralized identity framework, ONCHAINID, ensures only users meeting pre-defined conditions can become token holders, even on permissionless blockchains.

The protocol has been created by Tokeny in 2018 and improved over the years thanks to 100+ issuers in production. In 2023, the non-profit association ERC3643 was created to ensure the adoption and continuous development of the standard. The v4.0 became the sole permissioned token standard earning the ‘Final’ status ensuring official recognition and trust from the EVM developer community.

_What can you tokenize with ERC-3643?

  • Real World Assets (RWA)
    Any asset can be tokenized by an issuer owning it legally. It can be done directly or, generally, via the creation of an investment vehicle to respect co-ownership rights and protect owners. Commodities or rare items such as cars, wine or watches may be tokenized.
  • Securities
    Securities represent a global market of 100+ trillions of dollars. Funds, Equities, Bonds, ETFs, Loans: any financial instrument can be tokenized. Compliance rules are specifically important to enforce. Private and public markets may be tokenized.
  • E-Money
    Instant transfers and programmability are among the main benefits made possible by DLT. From remittance to securities settlement, the applications for tokenized cash are endless. Many blockchain-based payment systems will emerge thanks to permissioned tokens and cost-efficient networks.
  • Loyalty Programs
    Permissioned tokens allow brands and companies to issue and manage digital loyalty programs that remain under their control. Rules for creation, redemption, and transfers can be coded and updated at anytime. With much more features and capabilities than NFTs, they enable long-term loyalty programs strategies.