Book Image

Security Tokens and Stablecoins Quick Start Guide

By : Weimin Sun, Xun (Brian) Wu, Angela Kwok
Book Image

Security Tokens and Stablecoins Quick Start Guide

By: Weimin Sun, Xun (Brian) Wu, Angela Kwok

Overview of this book

The failure of initial coin offerings (ICOs) is no accident, as most ICOs do not link to a real asset and are not regulated. Realizing the shortcomings of ICOs, the blockchain community and potential investors embraced security token offerings (STOs) and stablecoins enthusiastically. In this book, we start with an overview of the blockchain technology along with its basic concepts. We introduce the concept behind STO, and cover the basic requirements for launching a STO and the relevant regulations governing its issuance. We discuss U.S. securities laws development in launching security digital tokens using blockchain technology and show some real use cases. We also explore the process of STO launches and legal considerations. We introduce popular security tokens in the current blockchain space and talk about how to develop a security token DApp, including smart contract development for ERC1404 tokens. Later, you'll learn to build frontend side functionalities to interact with smart contracts. Finally, we discuss stablecoin technical design functionalities for issuing and operating STO tokens by interacting with Ethereum smart contracts. By the end of this book, you will have learned more about STOs and gained a detailed knowledge of building relevant applications—all with the help of practical examples.
Table of Contents (9 chapters)

Building a Security Token Dapp

In the previous chapter, Chapter 5, Security Token Smart Contracts, we learned about the popular security token standards and an overview of the basic Solidity smart contract language. We should be quite comfortable with the fundamentals of the security token smart contract. In this chapter, we are going to write a security token smart contract and build a Dapp. We will be utilizing the Truffle development tool to help develop, test, debug, and deploy our security token Dapp.

This chapter is organized around five major topics, as follows:

  • Security token offerings (STO) smart contract development tools
  • Setting up an Ethereum development environment
  • Creating a security token Truffle project
  • Developing and testing a security token smart contract
  • Writing Dapp web components