Why Asset Tokenization is the Strongest Cryptocurrency Trend Right Now
The world is filled with assets, including real estate, stocks, gold, oil, among many others. Most of these assets are not easily transferable or subdividable physically. A switch to a digital system along the lines of blockchain presents a viable solution to these problems, hence the growing interest in tokenization of assets. Despite the attention, tokenization and its implications are yet to be properly understood and appreciated. In fact, technologists and financial intermediaries continue to stir up interest on how to move real assets into a blockchain while retaining inextricable connection between a token and an asset. Here are some useful insights why tokenization is trending, why Stellar is becoming more popular than ever, and why it is the perfect choice as the blockchain for tokenisation.