Shardefi-Tokenizing Real World Assets

Shardefi-Tokenizing Real World Assets

A token factory dApp which enables easy creation of tokens,which can be used for tokenizing real world assets.

Shardefi-Tokenizing Real World Assets

Shardefi-Tokenizing Real World Assets

A token factory dApp which enables easy creation of tokens,which can be used for tokenizing real world assets.

The problem Shardefi-Tokenizing Real World Assets solves

Despite the growing interest in blockchain technology, creating and managing tokens on the Ethereum network remains a difficult and error-prone process for many users. The current token creation process is not only time-consuming but also lack of transparency and security. Many users struggle with the technical complexity of the process and are often at risk of losing their assets. Additionally, there can be high fees associated with token creation and management can be a deterrent for many users, especially for small businesses and individuals. Moreover, there is a lack of user-friendly interfaces and a complex process for managing and distributing tokens which make it difficult for many users to fully utilize the potential of blockchain technology.

In reference to the problem statement, it is important to address the need for unique tokens in the blockchain. Tokens, or digital assets, are a fundamental aspect of blockchain technology and have various use cases such as representing ownership of an asset, serving as a medium of exchange.
Unique tokens allow for the creation of custom assets that can represent anything from a physical asset, such as real estate or artwork, to a virtual asset, such as in-game currency or access to a service.
Features:
Allow users to trade the tokens they have created on your Dapp with other users.
Allow users to transfer the tokens they have created to other users.
Use event logging to track token creation, transfer, and other actions.
Allow users to check their token balance and transaction history.

In summary, unique tokens in blockchain enable the creation of digital assets that can represent a wide range of things, and allow for new revenue streams. Our Dapp aims to make the process of creating and managing these tokens more accessible and efficient on the Shardeum TestNet network.

Challenges we ran into

Issues in deployment on Netlify.
In trying to make the project dynamic(having video or image background),we faced issues in deployment in the Vercel app having a specific type error and npm/yarn build errors.
Faced arithmetical overflow in the contract, which was debugged by using SafeMath library.

Tracks Applied (1)

Build Scalable Decentralized application on Shardeum

The project is a decentralized application (dApp) that enables easy creation of customizable tokens so that users can cr...Read More

Shardeum

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