The NKR token will be implemented on the public Ethereum blockchain as an ERC20 token. The Ethereum blockchain is the industry’s standard for issuing custom digital assets and smart contracts. The ERC20 token interface enables the development of a standard token which is compatible with the existing infrastructure of the Ethereum ecosystem, such as development tools, wallets, and exchanges. Ethereum’s ability to deploy Turing-complete trustless smart contracts enables complex issuance rules for digital financial contracts and cryptocurrencies.
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