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Token Standard
- The Foundation of Blockchain Application
The token standard aims to satisfy the business needs and provide the perfect foundation for Blockchain products and services, creating the possibility of setting up grounded applications and creating automation.
Service-Friendly
Token Standard
To support business with sufficient utilities of token, this standard has greatly reduced the difficulty of integration with smart contracts and traditional software, achieving complex operations of business logics such as triggering serial smart contracts continuously.
FST Network has completed the implementation on Ethereum (as ERC-1376). Besides compatibility of ERC-20, this can remove the charge of ETH gas of end-users, support Ethereum initiative operations and other tokenisation barriers.
Application Token Standard
This standard is an extension of Service-Friendly Token Standard working as a sub-ledger, enabling enterprises to have multiple ledgers with various structures and flexibly supporting different scenarios of business.
Two additional features have been implemented - Expiry Time and Burnability, through which token can support application with restricted liquidity (when expired) and service activation (when burned) and carry information within both on blockchain and off blockchain.
Application Token Standard can carry various information such as keys, identities, assets, ownerships, credits, vouchers and etc.
Value
Coupons / Tickets
Service
Real Estates / Goods
Asset / Ownership
Identity
Certificate
Shares / Bonds
Credits / Money
Real Estates/ Goods
Application Token