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Potential of Blockchain can not be estimated because of the reducing friction and elimination of middle me in value transfer
It a concentration of a real economy link to the initial coin offering ICOs

what tokenization

Blockchain is called the internet of value according to the recent interview with Don Tapscott, Executive Director of the Blockchain Research Institute, CitizenHex CEO Benjamin Roberts
This makes a lot of cryptocurrency to make use of this because of it transparency immutable ledger of ownership and transfer of digital currencies (value) This currency can be use to represent a ownership in the real-world object and properties lol gold and expensive or anything with value

This is what tokenization of properties mean

The Tech in tokenization

Tokenization Can only be effective if some infrastructure and institutions connect connect the token on Blockchain to a real object in real world
For this to happen usually professional entity which includes appraisal firms, insurance companies, trustees and law firms. Collectively, these entities will conduct strict due diligence, verify the provenance, condition and insurance policy of the property, and perform independent valuation. When this property has been proved satisfactory then it can be listed on blockchain
Then investor then submit bid about how many share of the property on the Blockchain they want to buy at a certain price hope to increase in value

Potential of tokenization

Tokenization can help in revolutionize the real economy
Also it can enhance the liquidity and transparency in large-market properties allowing owner to get fund from partial tokenization of there asset,likewise
it democratizes access to these investment opportunities that are traditionally available only to high net worth investors. Provide a particular fraction of the assessment to the crytoholder across a wide range of the assessment classes

Tokenization working

Numerous numbers of ICOs are all focus on tokenization of a real company assets
Maecenas for example

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Which is an online art market the offer art addicted or
lover to buy a particular share of painting
Purchasing he ART token give the opportunity of some percent which is tradable on the marketplace An estimated $3 trillion worth of fine art in safe storage,
but only $65 billion are traded annually through traditional auction houses. This kind of token has a lot of potential to expand vastly

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