Thursday, August 11, 2022 2:06:01 PM
“Tokenization is one of the many areas that blockchain technology has already transformed, changing our understanding and approach to the use of tokens. It has become one of the most promising means for online exchange due to its ability to represent real assets in the form of virtual assets.
With the introduction of blockchain technology, tokenization applications that previously helped protect users’ personal financial information, and the security of their transactions, have received a completely new ‘use case’. The word “tokenization” in the context of blockchain refers to a highly secure process of converting property or financial assets into digital assets.
It is important to understand that blockchain networks provide encryption and traceability of each transaction within the informational block. As a result, tokenization based on blockchain technology offers an open, risk-free, and forward-looking solution for the valuation and management of any valuable asset..........”
https://corestateholdings.com/news/why-tokenization-is-important-and-how-blockchain-can-transform-industries/2022/08/11/
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