In 2019, the most innovative work involving distributed ledger technology (DLT) – blockchain – will focus on the tokenization of assets, or the ability to represent digital or physical assets and fiat currencies as tokens that can be sold or traded on a network.
DLT has the ability to take anything, from a piece of artwork to gems and real estate, and represent them as cryptographically hashed assets on a peer-to-peer, open electronic network that has no central authority, such as a bank, governing their trade or sale.
Blockchain 2019: How crypto will convert cash, property into digital assets
While they're still nascent, new start-ups are launching that allow users to convert cash, property and digital assets into cryptocurrency that can be tracked and kept in a blockchain immutable record. But there are also some tall road blocks.
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