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TokenScript is an XML dialect. It describes the functions provided by the token (through smart contract or not), the method to render it on the user's interface, the ERCs token behaviour templates it uses and the javascript needed to construct transactions and render the token. It also defines how attestations are used to decorate, or convert to, or validate a transaction.
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## TokenScript Project introduction:
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## TokenScript Project introduction
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The TokenScript project is an initiative to help spread adoption of TokenScript.
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The remarkable blockchain speculations that took place in 2017 - 2018 brought everyone's attention to crypto tokens. As we bought and sold them, we forgot their intended purpose was to be used; this is analogous to the housing bubble in which people forgot that houses were not merely speculative assets but rather a place to live. To provide a practical use of the blockchain, we must understand its utility to the world economy and the internet. The people behind this project are technical experts who went through years of study and experimentation into its applications both via financial institutions and startups. With this experience, we recognise the blockchain technology's utility in providing a frictionless market and integrating the web.
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Despite the great folly in 2017-2018, it is not a bad thing to initially focus on tokens. Tokens are the enabler of the two primary functions. We define the technique to make it happen in "Tokenisation". Tokenised rights can be traded on the market and integrated across systems, forming a frictionless market and allowing free integration. Previous efforts in this industry primarily focused on enriching the capacity of the technology. This project will focus on tokenisation and introduce a standardisation effort known as TokenScript (Token Behaviour Markup Language) which will make the blockchain technical stack complete, providing utility for the economy and the internet.
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The TokenScript project is an initiative to design, progress Tokenscript and nurture the use of Tokenscript.
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# Git repo
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