Asset Tokenization Platform-OG Software Solutions
What is an Asset Token or
Asset Based Tokens ( ABT )?
With the emergence of
Blockchain,
the concept of ‘Tokenization Blockchain’ is becoming mainstream.
Lets go back a little and start with Cryptocurrency. The era of
crypto witnessed many coins being born ( Bitcoin, Ether, Neo, Zcash
etc. ). It became clear to the world that anyone can create a coin
based on an algorithm and pre-defined logic ( There are 4000+ coins
at this moment ). This trend shifted to people creating Utility
tokens, which are again a cryptocurrency
that was used to facilitate an event or transaction in a business
logic ( Ex: XRP is used to transfer money across borders ). These
coins or tokens were priced and traded. This gave launch to something
called the Initial Coin Offering ( ICO ).
But then many ICO’s crossed
the barrier of being just a Utility token, to being a share of the
issuing company. The regulatory bodies across the globe took notice
and started issuing strict warning on this. So, was born the Security
Tokens. These Security Tokens were created with the prime Moto of
issuing shares or stocks of the company. It followed all regulations
the bodies like SEC required. It gave rise to the Security
Token Offerings ( STO ) via. Which people were able to raise
funds for their business idea from across the globe seamlessly. Think
of it like a normal IPO, but more scalable in nature.
As Security Tokens and STO
became a trend, there was more research going into tokenising more
assets. People wanted to tokenise other things like Commodities, Real
Estate, Gold, Agriculture yield, Art, Credit Card… anything …you
name it. Soon was born the concept of Asset Tokenization. These
tokens were backed by real world assets. They were called as Asset
token or Asset Based Tokens (ABT). Investors who bought the Asset
Tokens were given Proof of Asset Tokens which they can hold or trade
these tokenized assets in Asset token exchanges. Also was born the
trend of Token Generation Event (TGE) or Initial
Token Offering (ITO). Since any Asset of any form was tokenised,
this trend also got to be known as ‘Tokenizer for X’ or ‘Token
for X’ ( where X can be substituted by any Asset or commodity etc.
).
How does Asset Digitization
work?
In the modern world,
digitizing assets of any type is possible in a snap. The Asset can be
anything ( Real Estate, A High Rise, Apartment, Gold, Art,
Agriculture, Cannabis, Textile etc.). Using an Asset Tokenizer, you
digitize the asset by splitting it into any number of Asset Tokens.
Once the Asset Digitization is done, you can price each asset token
and sell it. Using an Asset Tokenization Platform, you can sell the
Asset Based Tokens ( ABT ) to investors world wide.
Thanks for watching our
content. For more details, kindly do visit our website mentioned
below;
OG software solutions
#4-B-1 Rajaram Film Directors
Colony
Kodambakkam,
Chennai, 600024, India,
9043588904.
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