Words on #Tokenization, @GbtTechnologies
Clearly, the
wave to tokenize everything is coming. Now, the question is: “What will you buy
first?”
A brief
explanation on the subject: Bitcoin was introduced to the world in 2009, this
brought the first cryptocurrency that would level up the distributed ledger
technology to offer a decentralized digital landscape. Hundreds of
crypto-currencies have emerged since then.
What is a
Token: A token is a tradable digital representation of an asset on top of a
blockchain. Tokenization stands for the process of converting real-world assets
into a digital representation of itself that can be stored on a blockchain.
This means that tokens can represent a very diverse set of assets ranging from
physical, crypto or otherwise, including real estate, artifacts, intellectual
property, and company shares.
There is an untapped market of $256 trillion worth of real-world assets waiting to be tokenized.
Read this in full at https://www.investorideas.com/news/2019/cryptocurrency/12041Tokenization.asp
If we already
have a structured economy and a trading system that has worked for centuries,
why change? Assets these days are time-consuming and expensive, not within
everybody’s reach due to high costs and prices that accompany them. By tokenizing
them, you place a value for each token that makes up the asset.
For example, if a tokenized piece of art is worth 200,000 tokens, and the opportunity to invest is open, you may have the opportunity to buy as many tokens as you like/can; securing your FIAT money, gold, silver or even stock using them as currency to purchase those tokens. You are buy a and you own a piece of it, the trade seems to have a positive ROI so you can always sell them at a better price or keepsake that piece of the Mona Lisa you just bought.
These are some
expert opinions on tokenization:
- Jesus Rodriquez is well known in the emerging security token
industry, likely due to his background in finance, Distributed Ledger
Technology (DLT), and Artificial Intelligence:
“Whereas the pragmatist in me recognizes that we are still years away from having an infrastructure that allow us to re-imagine digital securities, there are immediate use cases that can catalyze the movement. From those use cases, I believe tokenized debt or cash flow offers a unique plethora of possibilities to unlock the potential of security tokens.”
- According to
Illia Obraztov, VP of Technology at Smartlands, security tokens
have staying power. However, it all depends on if certain conditions are
met. These conditions are:
“broader interoperability standards, better enterprise-grade blockchain integration, recentralisation to accommodate institutions, improved relationship between greater security and cost efficiency…”
Some industries, like real estate, have the most to gain from tokenization. That’s where security tokens will first be felt.
- On Social Media:
In the winter of 2017, BANKEX successfully tokenized the first Instagram account. We celebrated the milestone and wanted to share the results of our efforts until we suddenly realized that people might not really know what “tokenizing an Instagram account” means. Maybe even you don’t quite grasp the concept. Don’t worry, not only will we explain what exactly that means, we’ll also show you just how impactful tokenizing your Instagram account can be at driving profits (that is, as long as you have at least 5,000 subscribers.
- “Think of traditional
assets similar to that of mailed physical letters and tokenized assets to
that of emails. Bitcoin first brought us programmable money and with that
we are now discovering the power of programmable securities.” - Alec Ziupsnys
- Clearly, the wave to
tokenize everything is coming. Now, the question is: “What will you buy
first?”
- “With greater
transparency, accessibility and liquidity, previously unattainable assets
would become available to regular people all over the world. This in turn
has the power to create and build wealth, and consequently improve
people’s quality of life.” Paulo Campos
- “About the subject of
tokenization, the advantages are that unlike something like bitcoin, which
is distributed a 100% to miners is a reward for kind of the game theory to
keep things going with a metal token. That’s not the case. It can’t be used
to pay for fees. And so there’s no reason to distribute it to miners and
so you can basically create a token to do whatever you want…” Adam B
Levine
Just remember
and always take into account that the goal of token is to raise capital and/or
promote a company.
A token can
reward a customer by continuing to give back dividends. Tokens can be saved for
future use with the company, and if the future use is good, such as an
effective promotion or long-standing discount, the customer rewards are
preserved and sustainable. A token rewards customers by justifying the faith
the buyer has placed in your product in buying the token—so reward them well,
with a token that is creative, engaging and generous.
About GBT TECHNOLOGIES, S.A
GBT
Technologies, S.A., a private Costa Rican corporation (GBT -http://gbttechnologies.com) is a
development-stage company in the business of the strategic management of BPO
(Business Process Outsourcing) digital communications processing for
enterprises and startups; distributed ledger technology development, AI
development and fintech software development and applications.
https://aggregator.genesisexchange.io/ (Beta
Version)
Disclaimer/Disclosure: Investorideas.com is a digital
publisher of third party sourced news, articles and equity research as well as
creates original content, including video, interviews and articles. Original
content created by investorideas is protected by copyright laws other than
syndication rights. Our site does not make recommendations for purchases or
sale of stocks, services or products. Nothing on our sites should be construed
as an offer or solicitation to buy or sell products or securities. All
investing involves risk and possible losses. This site is currently compensated
for news publication and distribution, social media and marketing, content
creation and more. Disclosure is posted for each compensated news release,
content published /created if required but otherwise the news was not
compensated for and was published for the sole interest of our readers and
followers
Contact
management and IR of each company directly regarding specific questions.
More
disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more
about publishing your news release and our other news services on the
Investorideas.com newswire https://www.investorideas.com/News-Upload/ and
tickertagstocknews.com
Global
investors must adhere to regulations of each country. Please read
Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
