Greetings to all readers of this great platform, especially those that are part of the great community of #projectHOPE, in this opportunity I want to share with you information related to the tokenization of assets, which is a bit long, and consists of several phases in order to become acceptable, being an essential part for a better understanding of the blockchain, and thus have a broader knowledge of this digital world.
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Tokenization of assets:
When discussing this point, it is necessary to point out that the tokenization of assets consists in transforming an asset is physical or digital, in a certain amount of token, this with the purpose of being sheltered on the blockchain, which causes people to acquire small parts of that asset in the form of a token, which is going to have a value in the market, creating a digital version of this asset will be available to the owner of the token.
This tokenization, has been seen a lot nowadays mainly when we talk about art, which take these pieces of arts to NFT token, which are exclusive and there are no 2 the same in the entire blockchain, representing a great security and confidence for those who acquire it, knowing that they will have a unique piece.
On the other hand, we can talk a little about the benefits that this tokenization represents for investors, because performing a tokenization of the assets increases their security, being accessible only to the person who has power of them, in addition, by performing this process and bringing a large amount of token to the market, it is the way to access a decentralized economy, which is not controlled with one or a small group of people.
Now, the process that must be carried out for this tokenization of some asset, is not a simple process, it consists of several phases among which we can find the feasibility study, token specifications, smart contracts, as well as legal aspects and other things, to achieve a token with the characteristics and the correct value in the market, it is not a simple process but it is good to know superficially how this process is.