The post HBAR Foundation Teams Up to Push ERC-3643 RWA Adoption appeared on BitcoinEthereumNews.com.

HBAR Foundation joins the ERC3643 Association to boost real-world asset tokenization using ERC-3643. Partnership aims to accelerate compliant RWA adoption across the Hedera ecosystem. HBAR Foundation has officially joined the ERC3643 Association, a strategic move that demonstrates their commitment to expanding the application of Real World Assets (RWA) tokenization. More than just a formality, this collaboration paves the way for broader collaboration with various institutions in utilizing ERC-3643, a standard that has been widely used in issuing and managing blockchain-based assets in a regulatory-compliant manner. In other words, this is like laying a strong foundation before building a magnificent house called the future digital economy. ERC-3643 itself is not a new player. This standard has been used in various cases, including the tokenization of green bonds by major banks such as Citi and ABN AMRO. With its permission-based characteristics, ERC-3643 allows the issuance of digital assets that are more controllable and in accordance with the law. So if you imagine digital assets like building access cards, ERC-3643 ensures that only people with permission can enter. Bridging Enterprises to Web3 With a Proven Standard Joining the HBAR Foundation is not just a matter of branding. Through this collaboration, they will encourage more institutions to look at and use ERC-3643, especially on the Hedera network. On the other hand, the position of the HBAR Foundation, which is directly involved in the Hedera Governing Council, gives them the space to align this standard with enterprise needs without having to sacrifice the technological efficiency that is already Hedera’s hallmark. If usually the adoption of new technology takes a long time because large companies tend to be careful, the presence of a proven standard such as ERC-3643 can be a bridge. Moreover, with the HBAR Foundation helping to encourage the use of this standardization, the…

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Filed under: News - @ March 31, 2025 8:22 am