What is Asset tokenization? Best asset tokenization services in the market
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Imagine you had to sell a house. The number of formalities and processes involved could drive someone insane. Moreover, this feat could take even a year’s time! In this time frame, a million things could change in the real estate market. This is the same for any large asset. Blockchain technology has brought an amazing solution in the form of tokenization. So what is asset tokenization? Let’s find out.
The value of the asset is represented with digital tokens on the blockchain.
It allows assets to be traded in fractions due to their digital nature.
Retail investors can take part in this trade as small investments are possible.
The transfer of ownership takes less than a week.
The costs involved are greatly reduced.
There is no requirement for intermediaries or third-party agents.
Looking for the perfect development company that can handle your asset tokenization? Blockchain App Factory has good knowledge and experience in this field. Consult with their expert developers and start right away!