Popular Use Cases of Tokenization

1
Popular Use Cases of Tokenization
www.securitytokenizer.io
2
Introduction

• Tokenization is a process of converting a piece
  of data or value into a random string of
  characters so it cannot be misused even if it is
  breached.
• These string of encrypted characters are called
  as tokens.
• These tokens are used by the token holder to
  represent a digital or physical item instead of
  exhibiting its original vulnerable data.
• The following are some of the major use cases of
  Tokenization.

www.securitytokenizer.io
3
Crowdfunding

• In crowdfunding, ICO is a perfect example of
  implementing Tokenization .
• This ICO- Initial Coin Offering is a popular
  method through which the cryptocurrency startups
  raise funds.
• The main advantage of ICOs is that there will be
  a direct interaction between the companies and
  the investors and no middlemen will be involved
  in the process of capital-raising.

www.securitytokenizer.io
4
Art and Music

• The process of tokenizing art work or music can
  help the original creator to get a hold of
  effective proof of their ownership over the item
  and it also helps them to showcase their work
  online rather than going after a long term
  traditional process.
• Along with art and music, gaming assets can also
  be tokenized using the NFT tokens thus has lead
  to a huge demand of NFT token development
  services among several digital content creators
  and artists.

www.securitytokenizer.io
5
Asset Tokenization

• For asset tokenization, the best example is Real
  Estate tokens.
• Real Estate Tokenization is a process of creating
  tokens on a blockchain and assigning it to a user
  to represent the ownership that the user have
  over a real estate property that already exists.
• This process replaces the paper documents
  involved in the transaction of a property and
  lets the buyers as well as the sellers to use
  digital tokens for transactions.

www.securitytokenizer.io
6
Digital Currency Payment

• These digital tokens are also in online payments
  in the form of digital currency.
• Crypto token is considered as another form of
  currency that is available in a digital format.
• Making payments using these tokens has several
  benefits like no limitation, no intermediaries
  and instant transaction etc.

www.securitytokenizer.io
7
Conclusion

• If you are planning
  to get involved with tokenization, then it is
  better to get assistance from a professional
  token development company like Security
  Tokenizer, so that you can find the right token
  development service that suits your industry and
  enhance your business.

www.securitytokenizer.io