The XRP Ledger was the first blockchain to support the tokenization of a variety of assets.

This includes stablecoins or other forms of value – anything from US dollars, to euros, gold, stocks, and other cryptocurrencies like Bitcoin or Ethereum – and even non-fungible tokens (NFTs) that might represent valuable items like pieces of art or cinema tickets.

Tokens are often called issued assets, or IOUs, on the XRPL.

Learn more: xrpl.org

Join the XRPL Discord channel: https://discord.gg/v48Rnuky5p

Asset tokenization is gradually entering markets, democratizing them, and making them safer and more equitable. As businesses and individuals constantly find new objects to tokenize, the opinion that this phenomenon is temporary is no longer relevant.

But what to pay attention to if you are aiming at tokenizing assets? Luckily, in this video Alex Dolgov, a notable blockchain consultant, gives a thorough introduction to the topic, explaining the key points of what can become an asset, revealing the essence of a token, and dispelling concerns about this area.

So let’s figure out what asset tokenization looks like and how best to perform such a process.

Chapters:

00:00 What is asset tokenization?
00:36 Asset tokenization benefits
1:05 Risks behind asset tokenization
1:59 Asset-backed tokens — what are they?
2:27 Owning an asset directly vs owning an asset-backed token
2:52 Trade of tokenized assets on the secondary market
3:19 Industries applicable for tokenization
4:42 Reasons why the market shifts to tokenization
6:01 What to consider before participating in the token economy?
7:06 How to tokenize an asset?
8:44 Conclusion

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DigiShares is a white-label platform for issuance, management and trading for security tokens/ management and trading of security tokens/ tokenized securities (tokenization).

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#Tokenization #Tokenisation #RealEstate #DigitalSecurities #DigitalAssets #Tokenize #Tokenise #Commercial #DecentralizedFinance #Defi

The world, as we know it, is on the brink of a new era where everything will be tokenized!

What that means is that there will be a new way of doing things like trading physical objects where traditional currency will no longer be commonplace.

Everything from real estate to music will be bought and sold using virtual tokens, which everyone should be aware of, as it will change how we live our lives.

So, in today’s video, we will go through everything you need to know about Tokenization!

Timestamps:
0:00 – Introduction
0:57 – What is Tokenization?
3:22 – How does Blockchain Tokenization Work?
4:07 – Types of Tokenization
6:03 – The Benefits of Tokenization
7:19 – The Disadvantages of Tokenization
8:56 – What Industries will benefit from Tokenization?
11:49 – Potential Uses Cases of Tokenization
13:16 – Final Thoughts and How to be Prepared for the Tokenization Wave

Cryptocurrency Investing Starter Pack (eBook): https://amzn.to/3atDkpK
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#Crypto #Bitcoin #XRP #Tokenization #TokenizedAssets

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Disclaimer: This video is not financial advice. I am not a financial advisor and cannot give you financial advice. This is only my opinion based on my research, and you should do your own research before making any investment decisions.
The views expressed in this video are those of the author and do not necessarily reflect any organization’s official policy or position. Assumptions made within the analysis are not reflective of the position of any entity other than the author.