About asset tokenization

in #money • 9 years ago

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Tokenization is a process of transformation of accounting and asset management, in which each asset is represented in the form of a digital token. The essence of tokenization is the creation of digital analogs for real values ​​with the aim of quickly and safely working with them. For example, a bakery owner creates an electronic accounting system in which he issues digital obligations for rolls - tokens. Having a fairly good reputation, this owner can pre-sell rolls, selling tokens on trading floors on the Internet. In this case, any owner of tokens can come to the bakery and exchange one token for one roll.

#education #trading #tips #cryptocurreny
9 years ago in #money by
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