ERC223 Token Development Services — Security Tokenizer

Sophia Linnea
2 min readAug 16, 2021

What is ERC223?

ERC223 tokens are compatible with ERC20 tokens. It symbolizes that ERC223 undergoes ERC20’s functionality as well the contracts working with ERC20 tokens suits well to work with ERC223 tokens.

ERC223 lets users transfer tokens to wallet and smart contracts with the same function. As well, ERC-223 tokens enhance the adaptability of ERC-20s through undergoing transfers which come with a single step, which symbolizes that ERC-223 token transfers need only half the gas while in comparison with ERC20.

The two chief functions of ERC223 are the following

  • Users can accept or reject tokens arriving at their smart contracts
  • Rejected transactions never burn the tokens, it just fails.

Features of ERC223

  • Builds a new interface specifically for the deprecated functions
  • Since the event pattern is followed it enables the contract developers for managing the incoming tokens (eg. accept/reject).
  • Uses one transaction in simultaneous of two (transfer vs. approve/transfer From) which saves gas and blockchain storage.
  • Examples of ERC223
  • ChainLink Token (LINK)
  • Cute Coin (CUTE)
  • CNEXCHANGE (CNEX)
  • Eterbase Coin (XBASE)
  • JSE Token (JSE)
  • ShineCoin (SHC)
  • Bethereum (BETHER)
  • MarketCoin (MKC)
  • Ethereum Money (ETHMNY)
  • EXSERION (EXR)
  • AlphaCityCoin (ACC)

Benefits of ERC223 Tokens

  • Lower fee
  • Smart contracts
  • Better security
  • Compatibility

If you are seeking to launch tokens or need a new idea for an online business, Security Tokenier is here to assist you. Being a leading ERC223 token development company, we are specialized in providing ERC standards token development solutions. Here are our token development services.

Token Creation

We furnish optimized and surpass token creation within the blockchain ecosystem that makes the tokens sustainable and recyclable.

Token Transfer

We develop tokens and furnis transferring services that lead to easy token transfer within encryption and architecture decentralized blockchain.

Token Web Wallet

We offer token web wallet services that come with lifetime longevity and ace security tokens.

Cold Storage

We furnish this service which is a hardware security which guarantees for the tokens safekeeping and obviates any compromise.

Github Source Code

Our token development also extended to Computer embedded coding with GitHub that furnishes an open-source platform to the users for the multiple tasks.

Verify on Etherscan

After our token development, we undergo Etherscan verification. the significant cryptocurrency market and crypto news provider for your for the better verification.

Avail ERC223 token development services from the leading Token Development Company like Security Tokenizer and enhance your token business seamlessly.

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