Asset Tokenization -Crypto App Factory
Asset tokenization is a new concept that uses digital tokens to fractionalize ownership of assets such as property, jewellery or fine art and smart contracts on block chain to manage these ownership rights. Being able to tokenize assets opens up new alternative investment opportunities for asset managers and their clients, but today, the business and technology infrastructure is not in place to be able to manage tokenized assets within the portfolio Management System. There are about Four Kinds of tokens: 1. Payments or Platform Tokens These are cryptocurrencies used as a means of payment in the digital space, the likes of Bitcoin , Ether, and Lite coin etc. 2. Utility Tokens: These tokens are simply app coins or user tokens. They enable future access to the products or services offered by a Company. Therefore, these tokens are not created to be an investment and does not require strict levels of Compliance .This is very rampant in the World of...