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*ERC-3643*


ERC-3643 is a token standard designed for regulated assets, particularly real-world assets (RWAs) and securities on the blockchain. It ensures compliance with regulatory requirements, such as Know Your Customer (KYC) and Anti-Money Laundering (AML), by embedding identity verification, transfer restrictions, and compliance logic directly into the token.

*Key Features of ERC-3643

- *Permissioned Tokens*: Only verified users meeting predefined conditions can hold and transfer tokens.
- *Decentralized Identity Verification*: Utilizes ONCHAINID, a blockchain-based identity framework, to validate user identities.
- *Compliance Checks*: Smart contracts verify sender and receiver eligibility before executing transactions.
- *Modular Structure*: Separates identity management, compliance rules, and token logic into distinct smart contracts.
- *Security Protocols*: Includes robust security measures to safeguard against common vulnerabilities.

*Benefits of ERC-3643

- *Regulatory Compliance*: Ensures adherence to legal frameworks and regulatory requirements.
- *Security*: Provides a secure environment for tokenization and transactions.
- *Flexibility*: Supports various asset types, including real estate, art, and commodities.
- *Interoperability*: Compatible with existing blockchain ecosystems and wallets.

*Use Cases for ERC-3643

- *Securities Tokenization*: Enables compliant issuance and trading of security tokens.
- *Real Estate Tokenization*: Facilitates fractional ownership and transfer of real estate assets.
- *Digital Payment Systems*: Supports secure and compliant digital payment systems.

"World GDP on the Blockchain" refers to the concept of tracking and representing the global Gross Domestic Product (GDP) using blockchain technology. This idea involves creating a decentralized, transparent, and tamper-proof record of economic activity, potentially allowing for more accurate and efficient calculation of GDP.

*Potential benefits

- *Increased transparency*: Blockchain technology can provide a clear and auditable record of transactions, reducing the risk of data manipulation.
- *Improved accuracy*: By leveraging blockchain's decentralized nature, GDP calculations could become more precise and reliable.
- *Real-time tracking*: Blockchain-based GDP tracking could enable real-time monitoring of economic activity, facilitating more timely decision-making.

*Challenges

- *Data collection*: Gathering accurate and comprehensive data on economic activity would be crucial.
- *Standardization*: Establishing a standardized framework for representing GDP on the blockchain would be necessary.
- *Scalability*: Blockchain technology would need to be scalable to handle the vast amount of data involved in calculating global GDP.

*Potential applications

- *Economic research*: Blockchain-based GDP tracking could facilitate new research opportunities and insights into global economic trends.
- *Policy-making*: More accurate and timely GDP data could inform policy decisions, potentially leading to more effective economic management.
- *Financial innovation*: Representing GDP on the blockchain could enable new financial instruments or products tied to economic performance.

The result of $14 as from last month. Continue to HODL.

Stellar has recently surpassed 100 million smart contract transactions, marking a major milestone in blockchain adoption.

For Pi Network, the future looks especially promising. Since Pi’s blockchain is built on Stellar Core, every leap forward by Stellar represents a direct advantage and opportunity for Pi. As DeFi continues to scale and Stellar demonstrates proven success, Pi Network is well-positioned to harness this momentum and deliver a truly inclusive, peer-to-peer financial ecosystem