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Tech Fact: ERC-20 is a technological standard that is used on Ethereum's blockchain to develp smart contracts and create tokenized infrastructures of your own, while leveraging the Ethereum Blockchain as the platform to accomplish it on. ERC is an acronym that stands for "Ethereum Request for Comments". Vitalik Buterin was the first to develop ERC-20 standards in 2015. There are six key functions that must be implemented to meet the ERC-20 standard.