What is Asset Tokenization?
christyolivia last edited by
As it might have already been known, blockchain is a transparent and immutable distributed ledger that keeps a secure and accessible record of transactions. If the assets of the real world are moved into the blockchain in the form of decentralized protocols, this paves way for many investors of different sizes to purchase shares in the asset.
If everything has to be compressed in a single line, Asset Tokenization facilitates the conversion of the rights to the asset with economic value into a digital token.
These tokens can be stored and managed on a blockchain network, and it has a tremendously positive impact on trading and investment by bringing in greater transparency, liquidity, and data integrity.