ERC-20 Tokenization Standard

    The ERC-20 standard defines the common set of criteria and technical specifications that an Ethereum token must adhere to in order to operate optimally and interoperably on the Ethereum blockchain. It enables the creation of tokenized assets that can be purchased, sold, and traded alongside cryptocurrencies such as bitcoin (BTC) and ether (ETH). The ERC-20 standard makes use of smart contracts to create tokens that can be exchanged on the Ethereum network and used interchangeably by Ethereum-based decentralized applications (dApps). It is the most widely used Ethereum token standard, and it has been used to create a number of notable digital assets.