What is tokenization?
Asset tokenization on blockchain is essentially a process by which blockchain tokens (i.e. non-fungible tokens, NFTs) are issued to digitally represent any real tradable asset.
Tokenization to some can be seen as feasible alternatives to securitisation and fractional ownership, as the process of tokenization can create tradeable fractions of an asset.
Tokenized into 10,000
1 token = $25
Advantages of asset tokenization
With tokenization, many of the traditionally laborious and manual processes involved in bringing securities to public and private markets may be transferred to the blockchain and automated.
Cheaper and Faster Transactions
Industries adopting asset tokenization
Blockchain is already becoming popular, as you know. But it’s also beginning to challenge practices in business sectors, too. In fact, many industries are finding blockchain technology better than current use measures for completing important elements of work.
The concept of real estate tokenization streamlines the investing process. It eliminates the intermediaries, making it easier and cost-effective for buyers and sellers to interact with each other. It also lets anyone invest any amount, which further results into a better marketplace for all.
The individual "tokens" represent the underlying property on asset level with all its rights and obligations. Contractual details are defined in so-called "smart contracts". If a pre-defined contract condition is fulfilled, the algorithm stored in the digital contract triggers the events specified in the code.
Get in touch with us to discuss the steps to make it reality!
Our experts will help you in understanding the concept of asset tokenization and what factors you should consider before entering the token economy.