Bridging Traditional Assets to the Blockchain Through Tokenization
hackernoon.comHigh entry barriers, complex transaction processes, and geographical boundaries have historically constrained the real estate and fine art markets. These difficulties though aren't slowing down the management of traditional assets—especially on the blockchain. According to a
This significant potential growth points to the untapped potential of real-world assets. Tokenization through the blockchain is revolutionizing how traditional assets are managed today. It is transforming global trade by improving accessibility and liquidity.
Blockchain technology is shaking up traditional asset management by improving transparency and immutability, increasing efficiency, enhancing security, and providing global accessibility. There is less intermediary involvement in tokenized assets, unlike what is obtainable with traditional asset management. Eliminating middlemen makes the process more transparent (reducing fraud and increasing trust) and less complex.
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