Innovations

The best way of predicting the future is by creating it today.

Standardisation is important and should be adhered to as much as possible. We strongly believe that innovations, or changing the standard, must have strong reason to exist and should be orthogonal to existing methods or applications.

ERC 20 - Tokens

ERC20s are probably the most utilised token type within web3 today. We have chosen to customise them through state-of-the art innovations in order to enable:

  • The ability to create a payment streams of an ERC20 token between two addresses or between an address and an address / token id combo. This last combination allows us to stream tokens to NFTs.

  • Streamlined and native support for escrows that feed the payment streams mentioned above. These escrows are created as soon as a payment stream is opened and allow the received to see the earmarked funds availability before the funds are due to be transferred.

  • The assignment of ERC20 token balances to ERC721 tokens a.k.a. NFTs. Anyone can stream ERC20 tokens to any NFT.

ERC 721 - NFTs

NFTs are not just artwork, unless you consider trade agreements as works of art as well. Our extension of the ERC 721 standard to encompass the necessities of trade agreements is a novel application of NFTs. This additional functionality offers the ability to:

  • Compose NFTs from sub NFTs.

  • Describe a asset's terms and payment schedules in an immutable way.

  • Cryptographically sign the agreement to the terms on-chain in a much more secure way than an email and a digital signature.

  • Rate the level of collaboration between trade partners. This rating is only given to trading counterparts by their counterparts during live trades ensuring a high degree of data integrity.

ERC 1155 - NFT / Tokens

Versatile tokens that aggregate features from both ERC20 and ERC721. Our extension wraps the ERC1155 functionality around escrows stored in a related ERC20 contracts.

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