diff --git a/libraries/chain/pts_address.cpp b/libraries/chain/pts_address.cpp
new file mode 100644
index 00000000..3d0ff115
--- /dev/null
+++ b/libraries/chain/pts_address.cpp
@@ -0,0 +1,77 @@
+#include <graphene/chain/exceptions.hpp>
+#include <graphene/chain/pts_address.hpp>
+
+#include <fc/crypto/base58.hpp>
+#include <fc/crypto/elliptic.hpp>
+#include <fc/crypto/ripemd160.hpp>
+#include <algorithm>
+
+namespace graphene { namespace chain {
+
+   pts_address::pts_address()
+   {
+      memset( addr.data, 0, sizeof(addr.data) );
+   }
+
+   pts_address::pts_address( const std::string& base58str )
+   {
+      std::vector<char> v = fc::from_base58( fc::string(base58str) );
+      if( v.size() )
+         memcpy( addr.data, v.data(), std::min<size_t>( v.size(), sizeof(addr) ) );
+
+      if( !is_valid() )
+      {
+         FC_THROW_EXCEPTION( invalid_pts_address, "invalid pts_address ${a}", ("a", base58str) );
+      }
+   }
+
+   pts_address::pts_address( const fc::ecc::public_key& pub, bool compressed, uint8_t version )
+   {
+       fc::sha256 sha2;
+       if( compressed )
+       {
+           auto dat = pub.serialize();
+           sha2     = fc::sha256::hash(dat.data, sizeof(dat) );
+       }
+       else
+       {
+           auto dat = pub.serialize_ecc_point();
+           sha2     = fc::sha256::hash(dat.data, sizeof(dat) );
+       }
+       auto rep      = fc::ripemd160::hash((char*)&sha2,sizeof(sha2));
+       addr.data[0]  = version;
+       memcpy( addr.data+1, (char*)&rep, sizeof(rep) );
+       auto check    = fc::sha256::hash( addr.data, sizeof(rep)+1 );
+       check = fc::sha256::hash(check);
+       memcpy( addr.data+1+sizeof(rep), (char*)&check, 4 );
+   }
+
+   /**
+    *  Checks the address to verify it has a
+    *  valid checksum
+    */
+   bool pts_address::is_valid()const
+   {
+       auto check    = fc::sha256::hash( addr.data, sizeof(fc::ripemd160)+1 );
+       check = fc::sha256::hash(check);
+       return memcmp( addr.data+1+sizeof(fc::ripemd160), (char*)&check, 4 ) == 0;
+   }
+
+   pts_address::operator std::string()const
+   {
+        return fc::to_base58( addr.data, sizeof(addr) );
+   }
+
+} } // namespace graphene
+
+namespace fc
+{
+   void to_variant( const graphene::chain::pts_address& var,  variant& vo )
+   {
+        vo = std::string(var);
+   }
+   void from_variant( const variant& var,  graphene::chain::pts_address& vo )
+   {
+        vo = graphene::chain::pts_address( var.as_string() );
+   }
+}