
Security tokens become a crucial factor in the cryptosphere! Security token development becomes the next great phase in the crypto industry. So everyone wants to launch their own ERC-1400 Token. In this article we have to see separately What is ERC-1400 token, Benefits of ERC-1400 token, Features of ERC-1400 token, Features of ERC-1400 token, What is STO and ICO, Difference between STO and ICO.
What is ERC – 1400 Tokens?
ERC-1400 token is a Crypto token built on Ethereum blockchain and it was created by Polymath
along with numerous external contributors. Security tokens can be a digital form of all financial securities and they might have their own Ethereum-based token standard called ERC-1400, it works with several other token standards to manage both Fungible and Non-fungible token. ERC- 1400 makes the security token transactions more transparent and the status of any transactions can be checked in real-time.ERC-1400 is the combination of both ERC-20 and ERC-777 standards and it will ensure that security tokens are often backed by real-world assets.
History of ERC-1400 tokens:
ERC-1400 token is developed by Adam Dossa, Fabian vogelsteller, Stephane Gosselin and Pablo Ruiz. ERC -1400 security token development is the latest protocol development and it was initiated by a few months ago.
Benefits of using ERC- 1400 tokens
ERC -1400 token is used to available for both small and big businesses around the world and It gives the best results for transactions.
In ERC 1400 makes the security token transaction more transparent since it consists of a standard interface through which the status of any transaction can be checked in real-time.
ERC 1400 will make tokens a more dependable form of investment.
By using this ERC – 1400 tokens, holders will be the sole owner of their token, which would be treated as a security.
It also gives the option to recover the funds easier.
Features of ERC- 1400 tokens:
Some of the featured of ERC-1400 tokens are
Get document/Set document:
It is used to manage a library of documents associated with the token.
It is used to determine the on-chain function if a transfer will succeed, and also gives the return details that indicate the reason if the transfer is not valid.
Issuale:
It helps the token sender to verify if the token issuance has finished.
By using ERC-1400 token, it is possible to modify metadata and transaction parameter on both on-chain and off-chain
Whitelist all potential buyers/sellers and limit the number of tokens per wallet and many more.
It is a Standard interface to query, validate and justify the success and failure of transactions.
Before using the ERC-1400 standard token they have some major requirements
ERC-1400 must have a standard interface to query the successful execution of a transfer and in the event of a failed transfer, return reason for failure and must be able to perform a forced transfer for legal action or fund recovery, Must emit standard events for issuance and redemption.
Some of the ERC standard tokens come under the ERC-1400 standards are
ERC-1594: core Security Token Standard
This ERC-1594 will be needed for all security tokens created under the ERC-1400 umbrella standard the main purpose of using this tokens is to transfers, issuance, redemption and also the ability to check the validity of a transfer and it is designed to support these off-chain inputs and authorizations by facilitating for the injection for the off-chain injection of data.
ERC-1410 It is partially fungible tokens that allow for attaching of metadata to the partial balance of a token holder. This standard describes an interface in which an owner’s token can be organized into a set of partitions with each partition being represented by a corresponding key and balance.
ERC-1643: Document Management Standard to support the attaching of documentation to security token contracts.
Explore more from here: https://bit.ly/2mOV2Lz








