Damex App

Damex
Glossary

What is Tokenization?

Tokenization is the process of converting rights to an asset into a digital token on a blockchain.

What kinds of assets can be tokenized?

Tokenization can apply to various assets, including real estate, art, and stocks.

How does Tokenization simplify asset transactions?

Tokenization turns ownership of something valuable into a digital token, making it easier to buy, sell, or trade assets like real estate or art. It simplifies the process by allowing these transactions to happen securely and efficiently on a blockchain.

Share this info

Related terms (by category)
Related terms (by alphabet)