Token Taxonomy Framework (TTF)
The Token Taxonomy Framework (TTF) provides a common language to define tokenization use cases and is implemented today in products and services utilizing tokenization.
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What is the token taxonomy framework (TTF)?
The Token Taxonomy Framework is an open-source resource library designed to bridge the gap between developers, businesses, and regulators by simplifying a common language to describe tokenization attributes, behaviors, and data properties. This common language enables technical and non-technical stakeholders to collaborate in modelling existing and future business models based on tokens.
how to use ttf
Build your own token using TTF
- Input your specifications, such as token type (fungible, non-fungible, etc.)
- Outline behaviors needed (divisible, transferable, mintable, etc.)
3. Outline data attributes the token needs to hold or link to (emissions data, shipping manifest, etc.)4. TTF then delivers a blueprint of meta data for a developer to build the token
Education
Another strength of the TTF and its tooling is that it is a great resource to use when teaching about tokenization. For non-technical individuals, it is often easier to understand how a token is structured and what it is capable of doing by seeing a visual representation.
Additionally, having a common language framework for discussing tokens makes it easier to bridge the gap between the more technical and the more business-minded individuals.
Start Building With TTF
