Boost

2024

Chainlink

Chainlink Labs, together with other prominent figures in the tokenization sector, has joined forces with the ERC3643 Association to champion the adoption of the ERC-3643 token standard, tailor-made for real-world asset (RWA) tokenization.&nbsp; 
This collaborative effort aims to unite industry leaders to establish and advocate for standards that streamline and improve the tokenization process, ultimately enhancing efficiency and acceptance across the board.&nbsp; 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 .<a href="https://twitter.com/chainlinklabs?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@ChainlinkLabs</a> has joined the ERC3643 Association (<a href="https://twitter.com/ERC3643Org?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@ERC3643Org</a>) alongside other tokenization industry leaders. The goal of the association is to catalyze industry adoption of the ERC-3643 token standard for real-world asset (RWA) tokenization. <a href="https://t.co/kJqNREYP3h" target="_blank">https://t.co/kJqNREYP3h</a>— Chainlink (@chainlink) <a href="https://twitter.com/chainlink/status/1791506468933439618?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">May 17, 2024</a>
 </blockquote> 
 </div>
</figure> 
The ERC3643 Association has laid out several pivotal <a href="https://www.erc3643.org/members" target="_blank" rel="noreferrer noopener">objectives</a> to promote the widespread adoption of the open-source ERC3643 token standard, ensuring compliance on-chain.&nbsp; 
Among these goals is the formation of a membership group comprising key stakeholders who will provide support and guidance to drive adoption. Moreover, the association is dedicated to educating stakeholders at all levels about the importance of implementing this standard while also fostering ethical conduct, professionalism, and integrity within the tokenization realm.&nbsp; 
Finally, the association is steadfast in its commitment to facilitating unrestricted access to the ERC3643 standard to foster its broad utilization. 
By joining this association, Chainlink Labs is taking a significant step toward advancing the integration of blockchain technology with real-world assets, fostering innovation, and supporting the growth of the digital asset ecosystem. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/05/17/dtcc-chainlink-boosts-fund-tokenization-via-blockchain/" target="_blank" rel="noreferrer noopener">DTCC &amp; Chainlink Boost Fund Tokenization via Blockchain</a> 
</blockquote>

Chainlink Labs Join ERC3643 Association for RWA Tokenization

The Crypto Times

Other articles published on May 17, 2024

Shiba Armstrong Price Prediction: SHIBA Skyrockets 163% As AI Meme Coin WienerAI Soars Past $2 Mi...

Solana's Price Increased More Than 6% Within 24 hours

Next Big Crypto Wave: Altcoins to Hold for Phenomenal Returns

Bitcoin Recovery Boosts ETF Trading Volume

Bitcoin ETFs Trading Volume Witnesses Surge as BTC Price Holds Strong

Binance executive denied bail in Nigerian money laundering case

Join our free newsletter for daily crypto updates!