Project information
Smart Layer is a unique solution that solves integration, privacy and trust challenges in digital environments. It introduces a new integration layer that enables trustless token logic, paving the way for a representative network with unlimited integration potential. Smart Layer enables large Web2 companies to easily improve customer experience and business efficiency through tokenization, unlocking the next wave of digital transformation
technology:
From a macro perspective, Smart Layer's technology as a whole consists of three parts, the public chain, the anchoring node (Anchoring Node) and the service node (Service Node). From the perspective of what users can perceive, the innovative technology structure of the above three layers of Smart Layer can be divided into two major parts:
Smart Token ERC-5169: An innovative token standard issued on the EVM public chain, which can bring interactivity to tokens while inheriting the functions of traditional tokens.
Smart Layer Network: A network layer that enables tokens to interact. It is a decentralized network infrastructure that is different from public chains.
smart token
Smart Token Labs proposed the Ethereum standard ERC-5169 in May 2022, aiming to enhance the functionality and interoperability of tokens by introducing the scriptURI() function.
This proposal allows tokens to be associated with executable scripts, so that tokens not only carry value, but can also execute complex logic and interact with various systems. From an industry development perspective, ERC-5169 is a key innovation in realizing the Web3 vision, which enables tokens to become intelligent tools that connect users, data and services.
Currently, ERC-5169 has attracted widespread attention from the community and has received a certain degree of recognition. By allowing tokens to be directly associated with external scripts, it opens up a new dimension of token usage and functional gameplay. It is believed that ERC-5169 will one day be included in the official standards of the Ethereum community.
development route
So far completed:
2017 - Integrating the Web through tokenization: Smart Token Labs was established to provide an integrated Web through tokenization, greatly improving business efficiency and user experience
2018 — Advanced tokenization projects: Full-time development of TokenScript and AlphaWallet. The first mobile wallet to natively support NFT. Tokenization of VIP ticketing for the 2018 FIFA World Cup. ERC 875, Blockchain Certification, EIP 1386, EIP 1387, EIP 1388
2019 — TokenScript delivers smart tokens: The TokenScript design document introduces smart tokens. Similar to ERC20 or ERC721 tokens, but with extensible structure and signed JavaScript, enabling rich functionality and complete composability that is difficult to achieve with DApps
2019 — Advanced tokenization projects: Car ownership tokens in partnership with Karma Automotive; ENS contributions; Qoin e-commerce; EURO2020 VIP ticketing; Alipay 2020 coupons; AliEuro App; Music Rights Tokens (NFT & FT).
2020/21 — Corporate and investor support: Continued development and implementation of smart token technology and use cases. Leading Web3 investors including Mechanism Capital, Framework, Mark Cuban, Fenbushi, HashKey Global, Crypto.com back tokenization vision
2022/23 — Technology Market Fit: Smart Token technology deployed as an open loyalty enabler via Devcon6, DevConnect, EDCON, CatchMax, Perion Gaming, La Prairie Switzerland, Nifty Tailor. EIP5169 is adopted as the new Ethereum standard
2023 — Smart Layer Network: Accelerating the integration of the Web based on smart tokens. Server-side deployment via Smart Layer makes integration with web service providers easier and reduces work for smart token issuers. SLN Token is used to bootstrap the network/incentivize participation. Token demand is primarily driven by mainstream web2 use cases.
at last
After the two-part introduction of technology and interaction, it is enough to see the sincerity of the team. Whether it is the core product technology ERC-5169 and Smart Layer Network, or the user interaction side Alpha Wallet and TokenScript Viewer, the team has made great efforts in the construction of the ecosystem in order to bring smart tokens to the market.
The combination of ERC404 and Smart Layer allows us to see the strong compatibility and scalability of Smart Layer technology. It also reflects the very solid strength of the team, which not only knows the technology and has high development efficiency, but also understands the market and has a keen sense of smell.
In general, Smart Layer narratively fills in the missing technical landscape from Web2 to Web3, and provides the first answer in the industry to the problem of how to combine traditional public chain technology with the vision of Web3. It is believed that after the official mainnet incentives are launched soon, its ecological territory will be further expanded.
