Some instances of technology have been so powerful that they transcend the territory that they were supposed to benefit and start to impact multiple verticals of business positively. One such technology is blockchain technology.
Often, this new revolutionary digital ledger is associated with cryptocurrency. However, it has a lot more than just bitcoin and ethereum. Its immutable and secure nature makes it a perfect platform for tokenizing real-world assets for trading purposes.
What is asset tokenization?
Simply put, the definition is self-explanatory. This is the process of converting actual assets or rights to the specific as it with a tangible economic value into a digital token. These tokens exist on a blockchain network, making them extremely secure and tradable at the same time. Real estate tokenization and Art tokenization are the two emerging areas of tokenization of assets. Follow the link to know more - https://hackernoon.com/end-to-end-asset-tokenization-the-emerging-trend-in-investment-strategies-li6w38ow