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What is the important thing about tokenizing physical assets? (blockchainappfactory.com)
1 point by sophiawil0707 110 days ago | web | 1 comment





Tokenization of an asset involves supplying digital tokens corresponding to either digital or physical assets on a distributed ledger or blockchain. Land, machinery, buildings, tools, equipment, vehicles, gold, silver, and any other form of material economic resource are examples of physical assets. However, tokenizing these kinds of assets is referred to as tokenizing physical assets. Tokenization of an asset involves supplying digital tokens corresponding to either digital or physical assets on a distributed ledger or blockchain