kaz29Вестник Казахстанско-Британского технического университетаHerald of the Kazakh-British Technical University1998-66882959-8109Казахстанско-Британский Технический Университет10.55452/1998-6688-2025-22-2-127-140kaz29-1994Research ArticleКОМПЬЮТЕРНЫЕ НАУКИCOMPUTER SCIENCEДИНАМИКА ТОКЕНИЗАЦИИ: ВЫПУСК НА ОСНОВЕ БЛОКЧЕЙНА И ИНТЕГРАЦИЯ ДЕЦЕНТРАЛИЗОВАННОЙ БИРЖИTOKENIZATION DYNAMICS: BLOCKCHAIN-BASED ISSUANCE AND DECENTRALIZED EXCHANGE INTEGRATIONhttps://orcid.org/0009-0008-6784-3842КемелбековН.KemelbekovN.

магистр 

Алматы

 Master 

 Almaty 

n_kemelbekov@kbtu.kzhttps://orcid.org/0000-0002-4907-3345БегимбаеваЕ.BegimbayevaYe.

 PhD, ассоциированный профессор 

Алматы

 PhD, Associate Professor 

 Almaty 

enlikb89@gmail.comhttps://orcid.org/0000-0002-5276-6118УсатоваО.UssatovaO.

 PhD, ассоциированный профессор 

Алматы

 PhD, Associate Professor 

 Almaty 

uoa_olga@mail.ruКазахстанско-Британский технический университетКазахстанKazakh-British Technical UniversityKazakhstanИнститут информационных и вычислительных технологий КН МНВО РК; Алматинский университет энергетики и связи им. Г. ДаукееваКазахстанInstitute of information and computational technologies CS MSHE RK; Almaty University of Energy and Communications named after. G. DaukeevaKazakhstanКазахстанско-Британский технический университет; Институт информационных и вычислительных технологий КН МНВО РКРоссияKazakh-British Technical University; Institute of information and computational technologies CS MSHE RKRussian Federation202506072025222127140Copyright © Кемелбеков Н., Бегимбаева Е., Усатова О., 20252025Кемелбеков Н., Бегимбаева Е., Усатова О.Kemelbekov N., Begimbayeva Y., Ussatova O.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://vestnik.kbtu.edu.kz/jour/article/view/1994

В данной статье рассматриваются процессы выпуска токенов на блокчейне и их интеграция с децентрализованными биржами. С развитием технологий криптовалюты и блокчейна выпуск токенов на блокчейне стал популярным методом финансирования проектов и создания новых цифровых активов. Этот процесс сопряжен с различными техническими и организационными проблемами, включая выбор стандартного токена, разработку смарт-контракта, его тестирование и развертывание на блокчейне Ethereum. Далее исследуется интеграция выпущенных токенов с децентрализованными биржами. Децентрализованные биржи обеспечивают среду для торговли токенами без необходимости доверять централизованным посредникам. Интеграция токенов с децентрализованными биржами требует соответствующих технических решений и учета особенностей протоколов обмена. В рамках статьи рассматриваются технические аспекты создания токенов на блокчейне Ethereum, включая выбор стандарта ERC-20, разработку смарт-контрактов и их внедрение. Также проанализированы особенности интеграции токенов с децентрализованными биржами с учетом преимуществ и ограничений такого подхода.

In this article, we explore the complexities surrounding token issuance within blockchain networks and their integration with decentralized exchanges (DEXs). With the swift evolution of cryptocurrency and blockchain technologies, token issuance has become a prevalent means of funding initiatives and creating novel digital assets. This journey involves tackling a spectrum of technical and organizational hurdles, ranging from choosing the right token standard to crafting, testing, and deploying smart contracts on the Ethereum blockchain. Further, we explore the integration of issued tokens with decentralized exchanges, highlighting the importance of such platforms in enabling token trading without reliance on centralized intermediaries. The technical solutions required for this integration, along with considerations of the unique aspects of exchange protocols, are critically analyzed. We pay special attention to the ERC-20 standard for token creation, detailing the process of smart contract development and deployment on the Ethereum network. Additionally, the advantages and limitations of integrating tokens with DEXs are examined, providing a comprehensive understanding of both the opportunities and challenges within the rapidly evolving digital asset ecosystem. This study extends the current understanding of token dynamics by incorporating an in-depth analysis of scalability challenges, cross-chain interoperability, and the evolving regulatory landscape affecting token issuance and trading. By offering practical recommendations for overcoming identified hurdles, this research guides practitioners and policymakers in navigating the complexities of the decentralized finance (DeFi) space, making a significant contribution to the field of blockchain technology and digital finance.

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The authors declare that there are no conflicts of interest present.