Benefits of tokenization for small and medium businesses

Nansy Dunne
bartersmartplace
Published in
2 min readSep 22, 2020

Hello. πŸ‘‹πŸ» Today we will tell you about the benefits of tokenization for small and medium businesses.

πŸ“Œ There are many different assets that are physically difficult to transfer. Examples include real estate, precious metals, oil, stocks, etc. As a consequence, interested parties (buyers and sellers) prefer to trade documents representing these assets.

πŸ“Œ Trading valuable documents representing the value of real assets is a very difficult process to track. An alternative to this is an asset-specific digital system. In other words, tokenization.

πŸ† Tokenization has a number of advantages for small and medium-sized businesses:

βœ”οΈ Data tokenization technology improves security;

βœ”οΈ Tokenization allows to reduce the workload of the company;

βœ”οΈ Compliance with PCI requirements;

βœ”οΈ Possibility of easy application for a wide range of applications;

βœ”οΈ High level of compatibility with payment systems;

βœ”οΈ Making life easier in highly regulated industries.

πŸ† Additional general benefits are as follows:

πŸ”Ή Instant execution of transactions on the blockchain platform;

πŸ”Ή Security of storage and transfer of tokens;

πŸ”Ή No commission for currency conversion;

πŸ”Ή Availability 24/7;

πŸ”Ή Equity participation (the ability to purchase a part of any company);

πŸ”Ή Creation of a legal base;

πŸ”Ή Increased liquidity;

πŸ”Ή Ability to trade assets with almost no liquidity;

πŸ”Ή Faster and more efficient clearing and settlement.

βœ… Barter Smartplace is a confidential digital asset exchange platform based on a legal smart contract. One of the key elements of the Smartplace ecosystem is the tokenization of a real valuable asset that can subsequently be placed on the platform.

βœ… Even the largest transactions on the Barter platform will happen quickly, with low transaction costs and will be legally binding β€” a signed contract.

βš™οΈ On the Barter Smartplace platform, you can tokenize both digital assets (cryptocurrencies, art, steaks, services, etc.) and real (real estate, transport, art, business, and others).

Find out more: http://barter.company/

Join the community: t.me/barterteam

Telegram wallet: t.me/barterwalletbot

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