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Token-marketplace

Token marketplace to issue,transfer,delete (retire)tokens using HFT

Token-marketplace

Created At

ETHOnline 2024

Project Description

This project uses HFT Fungible token to create, issue, transfer, redeem tokens between accounts and for an account. First module contains create account functionality, second module contains creating token, issuing them and retiring them for an account and between accounts.This project leverages Hedera HTS Fungible Tokens to perform a variety of token operations, including the creation, issuance, transfer, and redemption of tokens both for individual accounts and between multiple accounts. The project is divided into two key modules:

  1. Account Creation Module: This module is responsible for setting up new accounts on the Hedera network. It generates public and private keys for the account, which are then used in subsequent transactions such as token transfers and associations. This foundational step is essential for interacting with tokens and other network features.

  2. Token Management Module: In this module, fungible tokens are created and issued to accounts. The module handles token transfers between accounts, allowing users to send tokens from one account to another securely and efficiently. It also includes functionality to associate tokens with specific accounts, ensuring they can hold and manage those tokens. Finally, the module supports the retirement (or deletion) of tokens once they are no longer needed, ensuring proper lifecycle management of digital assets.

How it's Made

This project is built using hedera token sdk-js and tutorials from the hedera.Javascript is used as a main language for creating, issuing,transferring,deleting tokens.Using node.js we can run each of the module i.e creating account which will give us public key and private key . we use that to get the account id by getting some testnet funds from faucet.

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