Digital Assets: Anybody Can Use Tokenizer To Issue Asset-Backed Tokens

July 28, 2020 | Digital Assets, News
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No coding knowledge required!

The much-awaited democratization of blockchain-based tokenization is here. Now anybody, even a computer noob, can choose to tokenize one or more of their real-world assets using the Tokenizer platform.

Look Ma, no coding

Now businesses and individuals can use the self-service Tokenizer platform to raise money by tokenizing the asset. These may even be people without a modicum of technical skills, The tokens then trade on the Tokenizer platform. (Coin Telegraph)

What can you tokenize? Virtually anything. From real estate, works of art, intellectual property, to luxury cars. Even financial assets such as stocks, bonds, and hedge funds.

A whole new world of potential investors

These assets tokenized on the blockchain could be lapped up by a pool of global investors. Further, the tokens would have liquidity via the integrated exchange.

“The Tokenizer self-service issuance platform ensures that anybody can create their own security token without mastering a smart contract language,” said CEO Manindra Majumdar to Coin Telegraph. “Instead of introducing cumbersome and complex multiple tools, we have kept the whole experience within our platform.”

Assets that are currently illiquid could become viable, income-earning assets if they appreciate in value after tokenization.

An interesting parallel – Japan’s abandoned ghost dwellings

Earlier this year, Securitize, a compliance platform for token issuers, tied-up with LIFULL, a Tokyo-based housing, and real estate information listing service. Together, the companies offer a crowdfunding platform that will issue digital securities in return for investments in Japanese real estate such as abandoned ghost dwellings.

In a test, the two companies proved that crowdfunded real estate funds could successfully run using digital securities and blockchain technology.

The test was successful on various parameters, including a verifiable reduction in operating costs, automatic distribution of security tokens, successful operation of smart contracts, and complete transparency in the flow of funds, smart contracts, and tokens.

Related Story:    Crowdfunding Via Blockchain to Transform Japanese ‘Ghost’ Dwellings                                               

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