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Let's talk about asset tokenization.

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.

Screenshot taken at: PixaBay

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.

All the images used by the Author @Chucho27 are Public Domain, in each one of them you can find the source of the image.
The image of the Banner at the bottom, is in the public domain obtained from: PixaBay

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