With the emergence of the ERC-721 token standard, new digital collectibles (like CryptoKitties) or tokenized goods, have changed collectible ownership discussions.
It's built on the token standard ERC-20, which is widely supported by the existing Ethereum ecosystem.
When it does launch, it will be powered by OMG, the Omise Go cryptocurrency which is based on ERC20 token standard and was sold in this ICO.
Omise plans to open-source its mobile wallet technology, and develop a decentralized payment system using the blockchain and OMG, which Ethereum's ERC20 token standard.
Amano says the R-Token Standard can enforce compliance across any trading platform that supports ERC-20 tokens.
And the R-Token Standard ostensibly provides an interface that embeds compliance at the token level and can be implemented in a way that ensures that specified requirements like investor caps and holding periods are met before a trade is approved.
How it all works is a bit complicated, but according to Harbor co-founder and chief product officer Arisa Amano, Harbor's first project is what it's calling the Regulated Token (or "R-Token") Standard, an open-source project that addresses the compliance problem for secondary trading.
Finally, the token ring standard, the token bus standard, internetwork connections, and network operating systems and architectures are elaborated in the chapter.
