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New Token Standard for High Compliance Environments BTSHCE (Bitnet Token Standard for High Compliance Environments) has been deployed as yet another exclusive token standard of the Bitnet Network. It caters for very niche use cases and features as (to my knowledge) the first token standard in existence to support KYC by default. It is another step forward towards fulfilling Bitnet's vision and making it the host of choice for all digital monies. This is not a standard that I do expect to be immediately widely used, but nonetheless one that differentiates Bitnet's token standards, broadens the scope of its public, and opens the door for future institutional and sovereign adoption of the network. A few niche use case examples would be: - Banking & Financial Institutions - KYC & Identity Verification - Central Bank Digital Currencies (CBDCs) - Loyalty Programs - Exclusive Membership Clubs - Verified P2P Lending - Compliance-Heavy Asset Trading - Regulated Voting Mechanisms - Fundraising and Crowdsourcing More extensive documentation will be written in due course, but for now you can use the main repository's wiki to access three pages with further information: General Information: https://t.co/sheD3vgDTz Functions Rundown: https://t.co/HAyfZRt4lt Deployment Example: https://t.co/SUQ9AHRdF7 And you can access https://t.co/e4g3UIrE2D to see the raw commented code. This is an extensive and extremely complex standard, with advanced management roles, batch functions, ownership transfer with timelocks, and more, and was only achieved due to extensive contributions from two community members that have chosen to remain anonymous at this time. Thank you for the insights and help. #BTN #POW #proofofwork #blockchain #L1