NSE FutureTech Hackathon
Tokenization Tokenization of Assets like Real Estate, Gold
Tokenization is the process of converting rights to an asset into a digital token on a blockchain. Crucial assets such as Ownership, Real Estate, Gold are difficult to verify and physically transfer. Current methods to handle these types of assets are often cumbersome to track and subdivide. Tokenization provides a useful way to solve these problems. Participants would be required to use tokenization to solve problems that would benefit Capital markets, examples of the same could be the management of collateral w.r.t trading of shares, more efficient ways of managing identity and ownership of shares. etc