This article was created in collaboration with 4ireLabs.com
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Searching for the tokenization definition on the Internet, you end up thinking that tokenization is one of two things. 1) A process that can be exemplified by the digital copy of a credit card – which was available prior the blockchain was invented; 2) Something like the transformation of company stocks into the digital assets – which wasn’t available prior the blockchain came in.
As a matter of fact, none of these assumptions is wrong. NFC chip is indeed the example of a tokenization and the digitization of securities could also be one. And that’s the problem. Tokenization seems living in two entirely different universes at the same time. It sort of raises questions.
Continue reading here: 4ireLabs.com
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