What is tokenization?
What is tokenization?
The process of converting capital into digital assets (tokens). Tokenization is based on the use of blockchain technology, which ensures security, confidentiality and transparency of operations, and allows the processing of large volumes of data. Each token is a digital, unique and anonymous representation of a real object.
McKinsey estimates that by 2030, trading in tokenized digital securities will reach $5 trillion. As experts note, tokenization can revolutionize the financial technology market and change the structure of financial services and capital markets. The key benefits of technology for financial service providers are fast transactions, reduced production costs, and an increase in the customer base.