R3 Releases Token SDK Developer Toolkit For Business Tokens on Corda

As per R3 blog post, the 1.0 version of its SDK will do for Corda what ERC20 did for Ethereum. It will provide business developers what they need to launch native tokens on the Corda platform.

Emerging digital asset exchanges and businesses looking to securitize real-world assets are already using the Token SDK to represent debt equity and cash instruments on Corda, as well as exploring the tokenization of other goods, commodities, and services,” R3 wrote in a document filing about the development kit.