How to Integrate ERC20 Tokens and Stellar Lumens (XLM)?-crypto soft india

ERC20 is a protocol standard that defines certain rules and standards for issuing tokens on Ethereum’s network. In ‘ERC20’, ERC stands for Ethereum Request For Comments and 20 stands for a unique ID number to distinguish this standard from others.

How it works?

The difficult parts in integrating an ERC20 token to any application / Exchange are: In-Sufficient libraries for all technologies, the installation of the Ethereum Node, The deployment of the respective smart contracts (that differ from token to token), the seamless communication between the node and the application for the respective contracts for the respective commands.

We have solved all the above by creating an Add-on that is written on NodeJS.

Step 1:

Install this fantastic Add-on on a separate instance (using our user friendly Step-by-Step installation manual)

Step 2:

Install the Ethereum Node.( using our crystal clear step-by-step instructions )

Step 3:

Connect the Add-on to the ETH Node using the robust API’s provided (and instructions provided)

Step 4:

Get the Admin Panel up & running (using the simple step-by-step instructions).

Step 5:

Add the required ERC20 tokens via. the Admin Panel ( by keying in a couple of information about the token in the Admin Panel directly ). The Admin Panel behind the scenes automatically processes the information and deploys the respective contracts.

Step 6:

Just supply the respective commands from your application or Exchange to the Add-on via. the Jason RPC instructions provided ( Ex: Send coins, Receive coins etc. ). Your application or Exchange can be in any technology.

All you need to do is supply data to the Add-on and consume data from the Add-on via.

Stellar Lumens (XLM)?

Stellar is a blockchain-based distributed ledger that is designed to connect people and financial institutions around the world. The currency of the network are called Stellar lumens, or just lumens. The symbol for Stellar lumens is XLM.

Simple. The difficult parts in integrating a Stellar Lumens ( XLM ) coin to any application / Exchange are writing the API layer that communicates between the Stellar Blockchain node and your application.

We have solved the above by creating an Add-on that is written on NodeJS. All you need to do is,

Step 1:

Install this fantastic Add-on on a separate instance ( using our user friendly Step-by-Step installation manual ).

Step 2:

Install the Stellar Harmony Node in Test Net. ( using our crystal clear step-by-step instructions ).

Step 3:

Connect one end of the Add-on to the Stellar Lumens ( XLM ) Testnet Node using the robust API’s provided ( and instructions provided ).

Step 4:

Connect the other end of the Add-on to your App or Exchange using the robust API’s provided( using the simple step-by-step instructions ).

Just supply the respective commands from your application or Cryptocurrency Exchange to the Add-on via. the Jason RPC instructions provided ( Ex: Send coins, Receive coins etc. ). Your application or Exchange can be in any technology. All you need to do is supply data to the Add-on and consume data from the Add-on via. Jason RPC Simple!

Step 5:

Test your App entirely. Once everything is fine > convert the TestNet Node to Main Net.

Thanks for reading our Content. To know more about our Services, kindly Visit our Website:

Crypto Soft India

1/124, DLF IT Park Rd, Ramapuram, Chennai,

Tamil Nadu 600116

https://www.cryptosoftindia.com/

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