What Are the Primary Applications of Tokenization in Business?
Tokenization can be applied to various sectors:
Real Estate: Properties can be tokenized to allow for fractional ownership, making real estate investment more accessible. Finance: Stocks, bonds, and other securities can be tokenized, enabling more efficient trading and settlement. Art and Collectibles: High-value items can be tokenized, allowing multiple investors to own a piece of an expensive asset. Supply Chain: Tokenization can be used to track the movement of goods, ensuring authenticity and reducing fraud.