Development of a security ERC token

ERCs
1

erc: 271
title: SHIELD Security Token Standard (ERC-271)
author: Rexjaden
status: Draft
type: Standards Track
category: ERC
created: 2025-10-18
requires: ERC-20, ERC-721

Abstract

ERC-271, SHIELD Security Token Standard, defines a security token protocol for the GuardianShield platform. Each token has a unique serial number for traceability, a burn/remint process for fraud and recovery, batch-level agent monitoring, and treasury management for unclaimed tokens.

Motivation

Existing ERCs do not provide comprehensive mechanisms for digital securities requiring traceability, fraud remediation, or regulated batch oversight. ERC-271 is designed to fill these gaps, supporting security, compliance, and recovery for real-world asset-backed tokens.

Specification

1. Token Properties

  • Each ERC-271 token has a unique serial number (serialNumber).
  • Tokens are non-fungible and individually tracked.
  • Tokens are grouped into batches, each assigned to a monitoring agent.

2. Burn Feature

  • Tokens can be burned in the event of theft, fraud, or contamination.
  • Burn actions are logged, including the reason and agent involved.

3. Reminting Process

  • Rightful owners may remint tokens after proving ownership.
  • Unclaimed tokens after a defined period are reminted to the GuardianShield treasury.

4. Agent Oversight

  • Batches are assigned monitoring agents responsible for compliance and incident response.

5. Events

event TokenBurned(uint256 tokenId, string reason, address indexed agent);
event TokenReminted(uint256 tokenId, address indexed to, address indexed agent, bool returnedToOwner);
event AgentAssigned(uint256 batchId, address agent);

6. Core Interface

interface IERC271 {
    function serialNumber(uint256 tokenId) external view returns (string memory);
    function burn(uint256 tokenId, string calldata reason) external;
    function remint(uint256 tokenId, address to, bool returnedToOwner) external;
    function assignAgent(uint256 batchId, address agent) external;
}

7. Treasury Management

  • Unclaimed tokens are reminted and sent to the GuardianShield treasury wallet.

8. Compliance & Documentation

  • Reminting requires proof of ownership (off-chain, referenced via on-chain event).
  • Agents monitor and report incidents (off-chain, referenced via on-chain events).

Rationale

  • Unique serial numbers enable regulatory compliance and auditability.
  • Burn/remint processes mitigate risks for asset-backed tokens.
  • Batch-level agent oversight increases accountability and trust.
  • Treasury management prevents loss of unclaimed tokens.

Backwards Compatibility

ERC-271 builds on ERC-721 and is compatible with ERC-20 for treasury operations.

Reference Implementation

A sample Solidity contract will be provided separately.

Test Cases

  • Minting, assigning serial numbers and agents.
  • Burning with agent oversight.
  • Reminting with documentation.
  • Reminting to treasury after unclaimed period.

Copyright

CC0 1.0 Universal

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2

this has been tested to be its own ERC,ITwill ride with erc20 and erc 721

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