Unique Referencing and Identification in the Token Universe: Cross-Chain, Worldwide, and Fork-Resilient

Introduction

Short video on Youtube: “The Uniform Token Locator (UTL) — A Concept to Identify Tokens Uniquely, Cross-Chain, Worldwide, and Fork-Resilient”
Figure 1: There will be significantly more DL based tokens than assets in the traditional world.

A new identification and reference standard for the decentralized economy

Figure 2: Tokens are defined by software on different DL-Protocols and digitally represent a specific asset, i.e. some form of economic value. While traditional identifiers, such as ISIN, FIGI or currency codes, focus on assigning unique codes (or names) directly to assets, the ITIN aims at unambiguously locating tokens across DLs in a fork-resilient manner.
Figure 3: Example of a token purchase agreement referring an ambiguous Ethereum address
Figure 4: Example how a token can be addressed in a paper-based contract via a QR code

Structure and origin of the UTL

Figure 5: Building upon the URL — ITSA’s concept of a Uniform Token Locator (UTL)
Figure 6: A real-life example for the UTL and the ITIN

Assumptions and Limitations

Conclusion and Outlook

References

Remarks

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