This story was originally published on HackerNoon at: https://hackernoon.com/how-asset-tokenization-with-daml-works.
How Daml smart contracts facilitate your asset tokenization.
Check more stories related to tech-companies at: https://hackernoon.com/c/tech-companies.
You can also check exclusive content about #tokenized-assets, #digital-asset-management, #digital-asset, #digital-assets, #crypto-assets, #tokenization, #non-fungible-tokens, #good-company, #hackernoon-es, and more.
This story was written by: @damldriven. Learn more about this writer by checking @damldriven's about page,
and for more stories, please visit hackernoon.com.
Digital Asset’s core technology, Digital Asset, is the answer to all of these issues. Tokenization offers two fundamental advancements over the landscape of already-digital dematerialized assets built with historic tech stacks. The most frequent asset tokenization issue enterprises face is that most assets are not bearer instruments. Real estate is a good example of an asset and a bad use case for tokenization — specifically, because it is not a bearer instrument. Smart contracts encode the specific rights that ownership of asset grants to the owner, and encode the rules and processes around those rights.