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Tokenization of assets
by nutek 8y ago
Tokenization of assets
- wcarron 8y agoIn what world does this solve anything? Tokenize it! You mean assign the worth of an asset to an arbitrary symbol of value? Like, say....a dollar?
- nutek 8y agoIt's simpler and cheaper to buy and sell tokens than complex paper contracts. It also works better for small amounts of money. The difference in owning a token of a real estate to owning a dollar is that the token owner is entitled a fraction of the rental income and enhancement of value. https://www.nasdaq.com/article/how-tokenization-is-putting-real-world-assets-on-blockchains-cm767952 https://www.nasdaq.com/article/how-tokenization-is-putting-r...