How Tokenization Is Transforming Several Industries

Vanessajane10 Feb, 2021Business

It refers to dividing a physical asset into tradable digital tokens on the immutable blockchain network. All the transactions and account balances will be known to the token holders on a real-time basis. Each token offers a stake in the ownership of an asset to the users. The main benefits of tokenization are higher liquidity, better access, especially for small investors, and can be easily traded in secondary markets and cryptocurrency exchanges.