How does asset tokenization work?
Asset tokenization, Dnipro is the process of converting a physical asset such as property or gold into digital form. This simplifies the transfer as well as the division of the asset between the owners. For example, someone who owned $ 1 million worth of real estate might want to tokenize their asset in order to quickly raise some capital. But it’s hard to find someone who has a million dollars to spend on an asset like a house. But when an asset is tokenized, it can be split into several parts and offered to several different investors.
The process of converting an asset into a token is not as easy as it seems. Asset tokenization requires extensive knowledge of law, blockchain and technology. Therefore, it is important to find a professional, iTizzi Custom Software Development Company, to help you with this.
Why should you tokenize your assets?
Of course, this is all starting to sound a little complicated. But there are so many benefits to tokenizing assets. As the world becomes more digitalized, it is important for businesses to keep up. There are various advantages to asset tokenization, Lviv and here we are going to take a look at some of them.
- First, asset tokenization provides higher liquidity through asset fragmentation. This lowers barriers to entry, allowing more people to invest in the asset.
- In addition, tokenization of assets lowers the cost. This has to do with the nature of how blockchain works. Your asset can be transferred to any blockchain wallet owner anywhere in the world, and the transfer fee is minimal. You no longer need to pay brokers, registrars and transfer agents.
- It should also be noted that asset tokenization removes many barriers in the financial industry, such as bank opening hours and international borders. You no longer have to get up early to make bank deposits around the world, as transactions can take place on the blockchain 24/7, 365 days a year. And if you do business with employees on the other side of international borders, it will take a lot of pressure off when it comes to worrying about time zones for doing business.
Which companies have successfully tokenized assets?
You are probably wondering if there are companies that have already successfully tokenized assets. One of the most famous is the car company BitCar, which allows investors to purchase a portion of the luxury vehicles that are subsequently rented out for travel. And if the process can work for luxury car rentals, you can be sure it will work for any other asset you may have in mind.
Benefits of asset tokenization
Smart contract
- A self-executing contract stored in blockchain technology, with conditions built into a security system that controls transactions between parties, leading to lower transaction fees.
Agreement
- Implementing transfer rules and restrictions in securities, enforcing compliance and prompt transfer of securities to eligible investors who create a trust relationship with tokenized assets.
Liquidity
- Tokenization of traditionally illiquid assets, fractional ownership and access to a global pool of investors help solve the problem of illiquidity.
Fractional Ownership
- Asset tokenization and fractionalization pave the way for investors to access high-value assets by acquiring fractional ownership of those assets.
Immutability
- Blockchain is an immutable public ledger.
- It tracks every transfer and ownership of the tokenized asset, and because of its immutable structure, no one can change ownership or sell a token twice.
Investor rights
- Any investor who buys a token has rights to the underlying asset, the ownership information of which is automatically recorded in the blockchain.
- Investors can store tokens locally on their systems and still remain owned.
Global market
- In the ever-growing token market, there are many crypto exchanges around the world where there are many active investors who can buy and sell tokens.
- Placing a token on multiple exchanges allows global investors to participate in trading.
Budgetary
- Tokenizing an asset reduces transaction costs for buyers and sellers, the cost of changing applications, and reduces audit and evaluation.
Our services
We accompany projects tokenization of assets in Ukraine in the following aspects:
Customization
We can take care of the complete customization of your security token, acting as the project manager to ensure an adequate structure tailored to your needs.
Offers
We can help you conduct an appropriate private or public sale of your tokenized asset, including investor KYC / AML and fundraising.
Ecosystem
Whether you need to open a bank account for your company, find a marketing agency or a good lawyer, we can introduce you to the right professionals.
Our products
With us, your project will benefit from the advanced platforms we have developed for tokenized securities:
Bridge protocol
An open source platform for managing the issuance, distribution, transfers, compliance and corporate actions of digital securities across multiple blockchains.
Company for tokenization of assets as a service in Ukraine – iTizzi Custom Software Development Company
You are ready to take the plunge and transform your business with asset tokenization. But you don’t have the technological know-how to do it yourself. And that’s okay, because our company offers asset tokenization as a service.
When a company offers tokenization of assets in Odessa, Lviv as a service, it means that we are ready to help you with the entire process of transferring your asset to the blockchain. We also offer a service package to keep your assets safe and smooth for years to come.
When looking for a company to manage asset tokenization, Kharkov, you should pay attention to some of our features. As mentioned above, you want to find a company to be with you every step of the way, as this can often be a little confusing for those unfamiliar with the technology. But it is also important at the time of its execution. Because the last thing you want to do is invest money in the company so it takes years for them to tokenize your asset. This brings up another factor to consider – cost. With us, you will be sure that you are recouping your money in order to make the most of the tokenized asset.
One company that meets all of these requirements is iTizzi Custom Software Development Company. We are not only one of the leading companies in our business, but we also offer comparable prices, which makes the service extremely affordable. We guarantee fast execution of the tokenization of the underlying assets, in just 3 to 4 weeks. So you can be sure that your asset will be tokenized appropriately and quickly! And, most importantly, asset tokenization meets all the necessary standards.
If you need a tokenized asset and think that iTizzi Custom Software Development Company can help you with this – you are right! Contact us today.
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