Asset Tokenization

As part of the Xara City Ecosystem, a platform where assets can be tokenized through smart contract protocols will be explored.

Asset tokenization is the process by which any real-world asset, tangible, or intangible, is digitized and then divided into smaller pieces that take the form of tokens. Each token represents a proportional part of the digitized asset, offering the owner of the token the corresponding economic rights.

The possibilities of asset tokenization are endless and can be applied to a wide variety of assets, such as - real estate, valuable art, collectables, precious metals, intangible assets and many more.