In addition EIP-7208 is foundational to Nexera’s Token Market Infrastructure. It Enables customizable markets, onboarding, token issuance, and cross-chain interoperability.
Nexera also offers APIs/SDKs for institutions to integrate this infrastructure into their solutions Look this up for more: https://t.me/nexerafoundation/493555
what does customizable markets specifically mean in this context? We talking about new market structures or merely configuration?
If eip 7208 is enabling token issuance, what distinguishes it from existing standards like erc-20, erc-721 & other?
Eip 7208 enables omnichain interoperability, allowing tokens to operate across multiple blockchains than the later.
why would a dev or project choose eip-7208 over the other protocols?
The aforementioned are one of the reasons also for scalability due to it's composable infrastructure, which is important for projects that anticipate growth and need flexible, future-proof solutions
what is composable infrastructure? linked to data centers?
plus, omnichain increase the attack surface due to the involvement of multiple blockchains.
AFAIK infrastructure in data centers enables dynamic reconfiguration of compute, storage, and networking resources, providing flexibility and scalability to meet changing workload demands.
This will be handled via Implementation of cross-chain security, and encryption for protection.
how the infrastructure of data centers is relevant to the security risks, scalability here?
these are baseline requirements for any, this doesn’t provide a compelling reason to adopt it..
Just as said while omnichain systems introduce more complexity, careful design of cross-chain security and scalability measures can help mitigate potential risks
I believe the team will get up to task on this
still doesn’t address the basic core questions raised.
What is the Design in here, how it solve securty risk & what is these risks?
This is basic in the space even for ERC-20, setup are based according to the project build up
see nothing fundamentally new beyond what is already possible then, if its such basic things here.
Hi @BitBuddhaa, just to reiterate once again ERC-7208 is a standard for Universal Blockchain Identities, enabling secure, interoperable identities across multiple blockchains like Ethereum, BSC, and Avalanche. It consolidates digital and real-world IDs, offering users control and efficiency. With digital identity and asset tokenization markets growing, ERC-7208 bridges identity and asset ownership, supporting cross-border transactions. It doesn't transfer ownership but enables flexible on-chain data management and complex asset interactions. Nexera’s solutions enhance this by enabling seamless integration, cross-chain functionality, and regulatory compliance, empowering scalable, secure digital identity and asset management across decentralized ecosystems. Please read below for our solutions: https://www.nexera.network And more here also https://www.nexera.network/stories/universal-id-how-the-nexera-standard-erc-7208-is-unifying-blockchain-identities
You can go through the website for in-depth information
will go through, thanks. Seeing mention of regulatory compliance is intriguing. How Nexera solution here ensure this across multiple jurisdictions with varying standards for digital identity and asset tokenization?
Any more updates from the PLUG and PLAY event?
The products and solutions currently offered within Nexera’s ecosystem are: Nexera ID, Fundrs, Nexera Bridge, Composable Markets, ComPilot AI, Nexera Omnichain Infrastructure, SDKs and APIs, Real-World Asset Tokenization (RWA), Merit Tokens ($MERIT)
Updates on PLAY and PLUG will be pinned here. Fingers crossed
Which currently operational and accessible to usage & which are used?
I was intrigued by a recent seminar on tokenization. It was mention the problem is not tokenization of assets but adding liquidity to the asset. What does NEXERA have in place for this and or partnership. Thanks!
Nexera has constantly proven itself by forging great partnerships. Even now, more work is going on. Hence the PLUG and PLAY.
Thats the matter, nexera will offer such capabilities and flexibility thanks to their erc
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