Asset Tokenization. Asset tokenization is the process of creating a digital equivalent of an asset.
01 Dec 2022, 10:55
🌐Asset Tokenization🌐
Asset tokenization is the process of creating a digital equivalent of an asset. This digital copy, recorded on the blockchain, carries with it all the properties of the physical asset, and the person who holds this digital copy (token) is the sole physical asset owner.
Tokenization Benefits Include:
💎Ease & Speed of Transactions
You can easily exchange or sell your assets on digital exchanges.
💎Reliability & Safety of Operations
Tokenization removes the middlemen required for physical asset transactions. Records of all transactions are further protected by the blockchain.
💎Convenience & Ease
Holding real precious metal bars yourself, for instance, is much more of a hassle than owning their digital copies.
Take VNX for example! VNX Gold is the digital ticket to your very own physical gold bars, stored in a secure vault in Liechtenstein, redeemable on request. It’s safe, convenient and the ultimate way to invest in the modern world.
💢Find out more at vnx.li