ERC-3643 Real World Assets (RWA)
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The token standard is variously known as "permissioned tokens", "real world asset tokens" or "T-REX (Token for Regulated EXchanges)". As the names suggest, ERC-3643 is designed to turn , like company shares, loans, or real estate, into digital tokens that can be traded on the blockchain. Unlike regular tokens, it follow strict rules to make sure they meet legal requirements. With this standard, every token holder’s identity is verified to comply with regulations like and laws, making it ideal for assets that need extra security and regulatory approval.
ERC-3643 tokens integrate identity management through ONCHAINID, where verified participant identities are securely stored on-chain. Token transfers follow strict compliance rules, ensuring regulatory requirements are met before execution. While enhancing security and compliance, ERC-3643 remains interoperable with existing ERC-20 platforms, enabling seamless integration into blockchain ecosystems.
ERC-3643
FunctionsTo get a deeper understanding of ERC-3643, see the following:
For insights into token operations:
The original EIP can be found
For comprehensive implementations of functions like setIdentityRegistry
and their interactions with compliance modules or identity registries, refer to the section.
This section provides detailed function definitions and their roles within the ERC-3643 framework.
Identity Registry: The section details the contract responsible for managing and verifying investor identities, ensuring compliance with KYC/AML regulations.
Compliance Management: The section outlines the contract that enforces compliance rules during token transfers, ensuring adherence to regulatory requirements.
Refer to the section for details on the transfer
function implementation.
This demonstrates how compliance rules are integrated into standard ERC-20-like operations.
For details on the forcedTransfer
function, including permission checks and enforcement of whitelisting, refer to the section.
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