Microsoft Corporation
Ledger-independent token service

Abstract:

Techniques for implementing a ledger-independent token service are provided. According to one set of embodiments, a computer system executing the service can receive, from a user, a request to create a token on a distributed ledger network. The computer system can further provide to the user one or more token templates, where each token template corresponds to a type of physical or digital asset and defines a set of one or more attributes and one or more control functions associated with the type. The computer system can then receive, from the user, a selection of a token template in the one or more token templates and create the token on the distributed ledger network, where the created token includes the set of one or more attributes and one or more control functions defined in the selected token template.