The core know-how related to bitcoin, cryptography, shouldn’t be new however it has re-emerged with blockchain and good contract know-how, which helps tokenization. A token is a unit of worth that may be transferred, saved, and traded on the blockchain and is a digital illustration of probably many alternative sorts of belongings, similar to possession rights for cryptocurrencies in addition to real-world belongings like inventory shares, actual property and even artwork. For some, the SEC’s approval of Bitcoin ETFs helped increase the legitimacy of this know-how, and now we’re seeing extra companies and retail traders exploring the various advantages of tokenization.
