2018 was quite a hard year for cryptocurrency and the whole digital world. There were ups and downs, sadly enough, downs were much more common. But crypto is still alive, it’s still afloat, thus, there is still a chance that everything will stabilize sooner or later.
Many specialists and experts in the field have been suggesting various ways of fixing the situation. One of them is a relatively new concept of “tokenization”.
Tokenization basically means turning real physical assets, like stock shares, equities or bonds, into digital ones, in other words, putting them onto blockchain. This is how security tokens are created.
This topic has been discussed for quite a while, but now this idea could be implemented in real life. The company DX.Exchange, located in Estonia, has created a blockchain-based platform which lets the customers purchase the shares of the world giants from blockchain.
The shares of Facebook, Tesla, Apple, Netflix and other leaders of NASDAQ can be bought indirectly, in the form of security tokens, backed up by real actual shares.
As stated by the representative of DX.Exchange:
“By tokenizing stocks of some of the biggest publicly-traded companies like Google, Amazon, Facebook and more, we are opening an untapped market of millions of old and new traders around the globe cutting out the middleman.”
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