What is Asset Tokenization?
stodevelopment last edited by
When the Bitcoin ushered the world of cryptocurrency, little did it realize that it was opening up a new world of unlimited opportunities that might revolutionize the way in which assets and investments are looked at. The decentralized network called the blockchain has been holding the floodgates to a method of investment that will attend the financial landscape.
Blockchain enables an otherwise illiquid asset to be broken down into smaller units representing ownership that will increase the chances of smaller market participants investing in larger assets.
So, what’s the funda behind asset tokenization?
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.
Continue Reading: What is Asset Tokenization?