How Asset Tokenization With Daml Works

Tech Companies Tech Brief By HackerNoon

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How Daml smart contracts facilitate your asset tokenization.
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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.