Asset Tokenization – Tokenize All Your Real World Assets
Tokenization of Things is the buzzword at the moment around the blockchain and cryptocurrency industry. Large conglomerates and financial giants have started to move into Tokenized Asset Offerings(TAO) and offering Tokenization as a Service(TaaS). The cryptocurrency market has evolved itself from Bitcoin to ICOs and now to TAOs. The expansion of cryptos into asset tokenization is a natural progression since it allows traditional real estate, art galleries and illiquid asset classes to move into blockchain. Asset tokenization refers to the process of converting the ownership of real-world assets into multiple digital tokens. Be it venture capital funds, equity shares, real estate, precious metals like gold, silver, diamond, etc. it is possible to tokenize any asset. The tokens are backed by…