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You're reading from  Hands-On Blockchain for Python Developers

Product typeBook
Published inFeb 2019
Reading LevelExpert
PublisherPackt
ISBN-139781788627856
Edition1st Edition
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Author (1)
Arjuna Sky Kok
Arjuna Sky Kok
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Arjuna Sky Kok

Arjuna Sky Kok has experience more than 10 years in expressing himself as a software engineer. He has developed web applications using Symfony, Laravel, Ruby on Rails, and Django. He also has built mobile applications on top of Android and iOS platforms. Currently, he is researching Ethereum technology. Other than that, he teaches Android and iOS programming to students. He graduated from Bina Nusantara University with majors in Computer Science and Applied Mathematics. He always strives to become a holistic person by enjoying leisure activities, such as dancing Salsa, learning French, and playing StarCraft 2. He lives quietly in the bustling city of Jakarta. In loving memory of my late brother, Hengdra Santoso (1979-2011).
Read more about Arjuna Sky Kok

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Stable coin

You have created a digital token that can be sold autonomously. However, you should not restrict yourself to the generic token. You could be more creative in your token smart contract by adding more methods to spice up your smart contract. What methods you should add are dependent on your smart contract's purpose. The token smart contract that is used in a game as currency will have different methods to the token smart contract that is used in a supply chain tracking system.

Let's create a stable coin smart contract. This is a token smart contract that is pegged to fiat money, such as the US dollar. We also want this smart contract to be a bank where we, as an owner, can freeze an account.

We can base our work on an ERC 20 token smart contract. We just need to add three methods—a method to freeze an account, a method to add some coins, and a method...

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Hands-On Blockchain for Python Developers
Published in: Feb 2019Publisher: PacktISBN-13: 9781788627856

Author (1)

author image
Arjuna Sky Kok

Arjuna Sky Kok has experience more than 10 years in expressing himself as a software engineer. He has developed web applications using Symfony, Laravel, Ruby on Rails, and Django. He also has built mobile applications on top of Android and iOS platforms. Currently, he is researching Ethereum technology. Other than that, he teaches Android and iOS programming to students. He graduated from Bina Nusantara University with majors in Computer Science and Applied Mathematics. He always strives to become a holistic person by enjoying leisure activities, such as dancing Salsa, learning French, and playing StarCraft 2. He lives quietly in the bustling city of Jakarta. In loving memory of my late brother, Hengdra Santoso (1979-2011).
Read more about Arjuna Sky Kok