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Token API enables secure creation and management of blockchain-based digital tokens using Ethereum’s ERC-20 (fungible) and ERC-721 (NFT) standards. This API provides tools to manage token lifecycles while maintaining Blockchain’s core advantages of immutability and decentralized verification. A digital token represents either:
  • Fungible token (ERC-20): Interchangeable value units like currencies, rewards points, or voting rights.
  • Unique token (ERC-721): Indivisible digital items like artwork, collectibles, or ownership certificates. Also known as Non-Fungible Tokens (NFTs).
Key capabilities:
  • Token Deployment: Create standardized contracts with configurable properties.
  • Token Provenance: The Blockchain allows to cryptographically track ownership history from minting through transfers.
  • Compliance-Ready Operations: Built-in burning and transfer transactions.
Tokens serve as verifiable trust anchors - each transaction creates an immutable record protected by blockchain cryptography. This enables businesses to:
  • Digitize physical assets with NFT certificates.
  • Create incentive systems with tokenized rewards.
  • Establish transparent supply chain tracking.