Chainlens Introduces Support for Real-World Asset Tokens

We are excited to announce that the Chainlens Blockchain Explorer has rolled out support for real-world asset (RWA) tokens based on the ERC-3643 standard. This integration enhances our platform's capabilities to provide detailed insights into regulated tokens, bridging the gap between traditional assets and blockchain technology.

What are Real-World Asset (RWA) Tokens?

Real-world asset tokens represent physical assets—such as real estate, commodities, or securities—on the blockchain. By tokenizing these assets, they become more accessible, divisible, and tradable. This opens new opportunities for investors and asset owners alike.

Understanding the ERC-3643 Standard

ERC-3643 is a token standard designed for regulated tokens on Ethereum and other EVM-compatible blockchains. It extends existing token standards by introducing compliance features necessary for handling regulated assets.

We unpacked the standard in more detail in our Guide to ERC-3643: A New Standard for Regulated Tokens.

How Chainlens Supports ERC-3643 and RWA Tokens

With Chainlens' new support for ERC-3643, you can quickly navigate to view RWAs on a network via the RWA menu icon.

Here you will see all ERC-3643 compliant tokens on the network in the same way you can view regular tokens and NFTs in Chainlens.

If you then look at an individual RWA you will get information about activity associated with the token. This includes information on transfers, transactions and who the top token holders are.

The transactions view allows you to see the various interactions undertaken by the token owner. This can include compliance related activities.

In addition, should you wish to interact directly with a RWA token, you can do this via its contract page. Click on the RWA address to take you to the Contract Details page. Here, you have the option to interact with all ERC-3643 methods on the contract.

Benefits of RWAs in Chainlens

With this RWA specific support, Chainlens Blockchain Explorer brings a number of benefits to the RWA space, including:

Enhanced Transparency

• Identity Compliance Status: Users can view and verify the identity registries used by ERC-3643 contracts, token holders directly within Chainlens, seeing which addresses are authorized to hold and transfer regulated tokens.
• Transaction Monitoring: Track token transfers to ensure they adhere to ERC-3643's compliance rules, providing visibility into the movement of regulated assets.

Compliance Management Insights

• Authorized Address Tracking: Easily monitor the addresses holding and transferring RWA tokens.
• Audit Trails: Access detailed records of compliance actions on-chain, such as additions or removals from the identity registry, and freezing of holdings

User-Friendly Interface

• Intuitive Design: Making it easier to understand the status and history of RWA tokens.
• Real-Time Updates: Receive immediate insights into compliance status changes and token transfer activities as they are recorded on the blockchain.

Benefits of Using Chainlens for RWA Tokens

• Regulatory Compliance Visibility: Gain insights into how regulatory compliance is enforced on-chain, crucial for participants dealing with regulated assets.
• Security and Trust: Enhance trust by providing transparency into token transfers and compliance status of participants.
• Operational Efficiency: Simplify the process of monitoring regulated tokens with integrated contract management features within the explorer.

Getting Started with Chainlens and RWA Tokens

The integration of ERC-3643 support marks a significant step in our mission to make blockchain assets more accessible and transparent. Whether you're an Real-World Asset investor, developer, or a participant in the ecosystem, Chainlens provides the tools you need to navigate the complexities of these regulated tokens.

Explore the new features today and see how Chainlens can help you understand and monitor real-world asset tokens. If you're interested in learning more about our ERC-3643 support, please contact our team.