From Bricks to Bytes: Tokenisation of Real Assets
14:00-15:00
From Bricks to Bytes: Tokenisation of Real Assets
Tokenization of real-world assets involves converting the ownership of physical and digital assets into digital tokens on a blockchain. This innovative process democratizes access to investments, allowing broader participation in asset markets previously reserved for the affluent or institutional investors. It enhances liquidity in markets for traditionally illiquid assets, such as real estate or art, by enabling fractional ownership and easier exchange. Tokenization also brings about increased transparency and security, as blockchain technology provides an immutable record of ownership and transactions. Moreover, it streamlines the transaction process, reducing the need for intermediaries, and potentially lowering costs and transaction times. Ultimately, tokenization could transform how we invest in, own, and trade assets, making it a pivotal development in the financial sector.