Transferring the business to blockchain seems like a huge and complicated decision. The procedure isn’t widespread knowledge, and at first, it may seem there are way more milestones than there actually are. Moreover, the benefits of the process seem unclear as well. So what is the reason to conduct it?
Tokenization refers to a set of technological and legal procedures for transferring asset ownership rights to a blockchain. Tokenizing the company stocks, for instance, is believed to enhance liquidity and is also a great tool to make the whole process way more convenient both for investors and business owners. But, of course, these aren’t all the possible advantages blockchain can actually bring to your company.
In our newest article, “How to tokenize your business”, you will learn about the possible ways to conduct tokenization, what types of assets can be tokenized, and what are the advantages of this operation.
📰 Read a new Stobox article to learn about the notion of tokenization, its advantages, and how to apply it to your business
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