Traditional Assets not Getting Sold? Look Towards #blockchain For an Answer!
▻https://hackernoon.com/traditional-assets-not-getting-sold-look-towards-blockchain-for-an-answe
If you are one of the people who aim at securing your tomorrow by making steady investments today, then there’s a good chance that you are inclined towards real estate, hedge funds, private equity and companies.However, as these assets are illiquid, it’s tough to shift them quickly which leads to locking up of wealth. There is a solution to this — tokenization. With the introduction of tokenization, liquidation of all assets groups on the blockchain will become easier and it will create a tradable standard in security tokens.We’re all aware of the real-state trading scenario. A complex process that requires extensive time and money.Right from paying off agents to hoping the asking price is met, it’s a tedious process. Baby-boomers, who are asset-rich, are sceptical about selling their (...)
#blockchain-adoption #traditional-assets #blockchain-vs-tradition #blockchain-tradition