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

July 28, 2020 | Digital Assets, News
https://dailyalts.com/wp-content/uploads/2020/07/digitization-3614384_640.jpg

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                                               

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2021/01/bitcoin-2291397_640.jpg
Alternative Investments/Digital: The Wave BTC Income & Growth Fund Clocks 146% Return
January 27, 2021     Alternative Investments, Digital Assets, News

The numbers are out for the Wave BTC Income & Growth Digital Fund’s first full year of trading, and they’re impressive. The fund scored a 145.8% annual gain for its…

https://dailyalts.com/wp-content/uploads/2021/01/container-ship-429951_640.jpg
FinTech: Infinity Maritime Names Four Shipbrokers For Its Alternative Ship Finance Platform

Infinity Maritime aims to provide a sustainable solution for maritime finance by digitizing ship portfolios on its platform. This enables fractional ownership, secondary trading in ships, and the financing of…

https://dailyalts.com/wp-content/uploads/2021/01/512px-Bahrain_Bay_Overview_2019.jpg
Digital Assets: Central Bank Of Bahrain Licenses Shariah Compliant Crypto Exchange CoinMENA
January 27, 2021     Digital Assets, ESG and Sustainability, News

Investors in select Gulf countries, looking to invest in the burgeoning world of cryptocurrencies, may soon get that opportunity. CoinMENA, a digital assets exchange certified as Shariah-compliant by the Shariyah…

https://dailyalts.com/wp-content/uploads/2021/01/xrpfv65jbezpbn2upgty.jpg
Venture Capital: Travel and Experiences Operator Klook Notches $200M
January 27, 2021     News, Venture Capital

Hong Kong-based, SoftBank-backed Klook, an online travel agency focused on experiences and attractions, has raised $200 million in a Series E round. Led by Aspex Management, the round also featured…