The Role of the Security Token Smart Contract

The Security Token Smart Contract acts as the backbone of the tokenization process. It is responsible for the creation, issuance, and management of digital tokens that represent fractional ownership of the claims on renewable energy assets. This smart contract enforces the rules embedded within the ERC3643 standard and encapsulates the logic for verifying token holders, managing transfers, and interfacing with other contracts within the penomo ecosystem to ensure seamless transactions.