A step-by-step guide to tokenizing blockchain assets - PowerPoint PPT Presentation

About This Presentation
Title:

A step-by-step guide to tokenizing blockchain assets

Description:

In the process of transforming tangible and non-physical assets into blockchain tokens, tokenization is the term used. Recently, the concept of blockchain tokenization has started to catch on. While it is early days, there is clearly interest in tokenization in existing sectors such as real estate, equity markets, and art. The reason for the creation of tokens was to promote readability and comprehension. – PowerPoint PPT presentation

Number of Views:118
Slides: 10
Provided by: Oliviajune1010
Category: Other

less

Transcript and Presenter's Notes

Title: A step-by-step guide to tokenizing blockchain assets


1
(No Transcript)
2
A step-by-step guide to tokenizing blockchain
assets
  • In the process of transforming tangible and
    non-physical assets into blockchain tokens,
    tokenization is the term used. Recently, the
    concept of blockchain tokenization has started to
    catch on. While it is early days, there is
    clearly interest in tokenization in existing
    sectors such as real estate, equity markets, and
    art. The reason for the creation of tokens was to
    promote readability and comprehension.
  • Some individuals feel that the asset tokenization
    of Bitcoin started with the increase in Bitcoin's
    value. Although the use of tokenization is still
    limited in the financial services industry, it
    has been used as a data security measure in the
    industry since the 1970s.

3
  • The above described strategies for tokenization
    are used generally,
  • and they replace sensitive user data with a
    token, which is a string of non-sensitive letters
    and integers. Take a look at how conventional
    asset tokenization works. To some, tokenization
    appears in some of the most public ways, such
    mobile payments.
  • To become a blockchain professional, take
    blockchain technology classes. Learn blockchain,
    because that is the future now.
  • To put it simply, asset tokenization is the
    ability to trade physical assets using tokens.

4
  • The practice of creating tokens that reflect a
    proportion of the
  • value of an asset is known as asset tokenization.
    An investor who
  • previously owned stock may now take direct,
    partial ownership of the asset instead of just
    being a shareholder in the firm that owns it.
    There are a lot of key benefits to this.
  • To what purpose does it serve?
  • A system known as tokenization is sometimes used
    to secure login credentials for patient data and
    software packages in hospitals. Tokenization is
    also used in several governance applications,
    such as voter registration. The implementation of
    asset tokenization in blockchain for government
    purposes may help to safeguard a significant
    volume of sensitive data. In addition, it's
    important to keep in mind why blockchain
    tokenization was originally created in the first
    place.

5
  • After completing the aforementioned tasks, the
    bank inserts the
  • customer's information into a cryptographic
    system in order to
  • produce tokens. After that, the user will get a
    phone token, which will be used to access their
    credit card information. If a thief were seeking
    to get access to the user's phone, the token
    would only be found, and the user's credit card
    information would be secure. There are a number
    of noteworthy features of asset tokenization,
    including the fact that tokenization does not
    have to be confined to financial data.
  • In the past, it all began with cryptocurrencies,
    and now CBDC (central bank digital currencies)
    are expected in the future. Categorically
    speaking, cryptocurrencies and central bank
    digital currency are both digital assets, but
    they serve separate objectives.

6
Assets that have been tokenizedprovide several
benefits.
  • If you have a tokenized asset, you may have
    access to it any time of day or night, seven days
    a week from anywhere in the world.
  • When you purchase a token, you will get full
    ownership of it. In certain cases, a piece of
    artwork may be transferred from one owner to
    another if the original owner sells it to someone
    else. When two parties dispute about ownership,
    they may quickly settle the conflict by referring
    to a record of ownership that is fixed and
    unchanging.
  • Everyone has to be open and honest about what
    they own no one may fraudulently claim to have
    assets because everything is stored on a shared,
    irreversible ledger.

7
Summary
  • Webinar It is particularly interesting to see
    how asset tokenization lets more investors to
    engage in the purchase of high-value items by
    offering built-in incentives for investors,
    owners, and exchanges, as well as custodians and
    other financial specialists. While tokenization,
    we believe, will become one of the more reliable
    value sources for digital assets as the benefits
    of tokenization become more widely known and an
    ecosystem develops to accommodate asset owners
    who do not have their own infrastructure, we see
    tokenization as a key way to support and further
    the overall value of digital assets.

8
Blockchain Council Certifications
  • You can check out our certifications, and kick
    start your career in the Blockchain space today.
  • Certified Blockchain Expert
  • Certified Blockchain Developer
  • Certified Smart Contract Developer
  • Certified Solidity Developer
  • Certified Ethereum Developer

9
(No Transcript)
Write a Comment
User Comments (0)
About PowerShow.com