Create Your own ERC20 Token on Ethereum blockchain

ERC-20 is the technical standard for fungible tokens created using the Ethereum blockchain. ERC-20 allows different smart-contract-enabled tokens a way to be exchanged. Tokens, in this regard, are a representation of an asset, right, ownership, access, cryptocurrency, or anything else that is not unique in and of itself but can be transferred. The standard allows tokens representing one of these factors—along with smart contracts—to be exchanged for a token that represents another. Smart contracts are conditions written into the coding that execute different aspects of a transaction between parties.