Active digitalization not only transformed payment systems into a new dimension but also made it possible to digitize the various assets and rights that are associated with them, which is called tokenization. One can tokenize stocks, fiat currencies, real estate, et cetera, and this phenomenon is a bridge between cryptocurrency and the traditional global economy. Moreover, tokenization makes it faster and easier to raise capital, and transfer assets between owners since the only issue that alters is an entry in a distributed registry. Therefore, due to blockchain, it is possible to easily track the history of ownership of one or another asset. The change or falsification of the history is not implied after tokenization.
What is crypto tokenization’s impact on clarifying rights and assets?
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Academic.Tips. (2022) 'What is crypto tokenization’s impact on clarifying rights and assets'. 31 January.
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Academic.Tips. (2022, January 31). What is crypto tokenization’s impact on clarifying rights and assets? https://academic.tips/question/what-is-crypto-tokenizations-impact-on-clarifying-rights-and-assets/
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Academic.Tips. 2022. "What is crypto tokenization’s impact on clarifying rights and assets?" January 31, 2022. https://academic.tips/question/what-is-crypto-tokenizations-impact-on-clarifying-rights-and-assets/.
1. Academic.Tips. "What is crypto tokenization’s impact on clarifying rights and assets?" January 31, 2022. https://academic.tips/question/what-is-crypto-tokenizations-impact-on-clarifying-rights-and-assets/.
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Academic.Tips. "What is crypto tokenization’s impact on clarifying rights and assets?" January 31, 2022. https://academic.tips/question/what-is-crypto-tokenizations-impact-on-clarifying-rights-and-assets/.
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"What is crypto tokenization’s impact on clarifying rights and assets?" Academic.Tips, 31 Jan. 2022, academic.tips/question/what-is-crypto-tokenizations-impact-on-clarifying-rights-and-assets/.