The core know-how related to bitcoin, cryptography, just isn’t new however it has re-emerged with blockchain and sensible 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 doubtless many various sorts of belongings, reminiscent of 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 corporations and retail buyers exploring the various advantages of tokenization.
