Standard Tokenization Protocol

STPT (Standard Tokenization Protocol, Standard Tokenization Protocol) is an open source standard at the token level, which defines how token assets can be issued and transferred under the premise of complying with all necessary relevant regulations. STP allows assets to be tokenized in various countries and regions in compliance with local regulations, and token assets can be circulated and transferred between any platforms. This is a compliant open source standard and decentralized network that allows any asset to realize compliant and transparent asset tokenization, thereby improving investment behavior and investment channels.

The STP standard of the Standard Token Protocol is an open source standard used to define how to generate, issue, send and receive ownership of token assets while complying with all necessary regulations. The token built on the STP standard will use the protocol’s on-chain compliance verifier to verify compliance with relevant regulations (in the example below, including knowing the customer, counter-, authentication, etc.), as well as any issuer-specific requirements (ie Concentration of ownership, holding period, voting). The Verifier Committee will provide consulting services to ensure that compliance verifiers always implement the latest standards. The STP standard tokenization protocol allows the tokenization of assets, making them fully compatible with laws and regulations in different jurisdictions, and cross-platform transfer on any ERC-20 platform.