Security Tokens and Stablecoins Quick Start Guide

A complete guide to understanding, developing, and testing popular security-token smart contracts

Key Features

• Understand key Blockchain and Ethereum platforms concepts
• Step-by-step guide to developing STO smart contracts on Ethereum
• Monetize digital tokens under various U.S. securities laws

Book Description

The failure of initial coin offerings (ICOs) is no accident, as most ICOs do not link to a real asset and are not regulated. Realizing the shortcomings of ICOs, the blockchain community and potential investors embraced security token offerings (STOs) and stablecoins enthusiastically.

In this book, we start with an overview of the blockchain technology along with its basic concepts. We introduce the concept behind STO, and cover the basic requirements for launching a STO and the relevant regulations governing its issuance. We discuss U.S. securities laws development in launching security digital tokens using blockchain technology and show some real use cases. We also explore the process of STO launches and legal considerations. We introduce popular security tokens in the current blockchain space and talk about how to develop a security token DApp, including smart contract development for ERC1404 tokens. Later, you'll learn to build frontend side functionalities to interact with smart contracts. Finally, we discuss stablecoin technical design functionalities for issuing and operating STO tokens by interacting with Ethereum smart contracts.

By the end of this book, you will have learned more about STOs and gained a detailed knowledge of building relevant applications?all with the help of practical examples.

What you will learn

• Understand the basic requirements for launching a security token offering
• Explore various US securities laws governing the offering of security digital tokens
• Get to grips with the stablecoin concept with the help of use cases
• Learn how to develop security token decentralized applications
• Understand the difference between ERC-20 and ERC-721 tokens
• Learn how to set up a development environment and build security tokens
• Explore the technical design of stablecoins

Who this book is for

This book is ideal for blockchain beginners and business user developers who want to quickly master popular Security Token Offerings and stablecoins. Readers will learn how to develop blockchain/digital cryptos, guided by U.S. securities laws and utilizing some real use cases. Prior exposure to an Object-Oriented Programming language such as JavaScript would be an advantage, but is not mandatory.

Table of Contents

1. Introduction to Blockchain
2. STO - Security Token Offering
3. Monetizing Digital Tokens Under U.S. Security Laws
4. Stablecoin
5. Security Token Smart Contracts
6. Building a Security Token Dapp
7. Stablecoin Smart Contracts

Weimin Sun has 20 years' of experience working in the financial industry. He has worked for top-tier investment and commercial banks such as J.P. Morgan, Bank of America, Citibank, and Morgan Stanley, where he also managed large teams for developing IT applications. Weimin has also held corporate titles such as executive director and senior VP in some of these firms. Weimin has in-depth knowledge of the blockchain technology, data science, data architecture, data modeling, and big data platforms. He holds Ph.D, M.B.A and M.Sc degrees. He has co-authored Blockchain Quick Start Guide and published several statistical journal papers.

Xun (Brian) Wu has more than 17 years of extensive, hands-on design and development experience with blockchain, big data, cloud, UI, and systems infrastructure. He has coauthored a number of books, including Seven NoSQL Databases in a Week, Blockchain by Example, Hyperledger Cookbook, Learning Ethereum, and Blockchain Quick Start Guide. He has been a technical reviewer on more than 50 technical books for Packt Publishing. He serves as a board adviser for several blockchain start-ups and owns several patents on blockchain. Brian also holds an NJIT computer science M.Sc degree. He lives in New Jersey with his two beautiful daughters, Bridget and Charlotte.

Angela Kwok, is a lawyer, specializing in high-tech and blockchain start-ups and venture capital financing. She also focuses on general corporate and commercial matters, fund formation, cross-border and domestic investments, mergers and acquisitions, and related tax matters in the TMT industry. She has represented clients in blockchain-related cases.