*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.