Blockchain-Based Tokenization of Precious Metals

Psoted on: December 8, 2021 at 8:54 am, in

A New Word in the Investment World 

Tokenization is one of the modern tech trends that is undergoing rapid development and widespread adoption right now. Together with Blockchain technology, it provides an opportunity to change the global economy, to make it more stable and advanced. Investments in tokenized assets, especially precious metals, have enormous potential and offer unprecedented prospects. 

Tokenized Precious Metals 

Tokenized assets exist on the digital plane in the form of tokens that are backed, that is, issued, on the basis of real physical assets. Tokens are created on blockchains (Ethereum, Cardano, etc.). You can learn more about asset tokenization here

Tokenized assets are protected, so to speak, by the complexity of blockchain technology. Thanks to its general automation and transparency, it is virtually impossible to hack it, which means that it is impossible to steal and/or counterfeit a tokenized asset, which is more than a relevant problem for an asset as delicate as precious metals. 

Tokens funded by precious metals and issued through ICO/STO represent a kind of digital certificate of distributed ownership of this asset. Investors can claim a stipulated portion of the precious metal by buying these tokens. That is, with blockchain-based tokenization, gold/silver/platinum can be acquired and traded with a high level of protection and competence. The new service of Clevver, ClevverCrypto is ready to offer quality assistance in your token campaign. 

Benefits of Tokenized Precious Metals 

There are numerous advantages that tokenized precious metals can offer. We will name 3 of the most relevant ones for regular investors: 

  1. It is no exaggeration to say that precious metals, namely gold and silver, have been used as an investment option since the beginning of time. Mankind has always had a soft spot for them. They have not lost their appeal even now, but modern technologies such as blockchain and tokenization offer a different perspective on the investing process in these assets. The above-mentioned tokenization of precious metals, in addition to all other manipulations, involves the creation of a smart contract. This digital document is highly secure, does not require the participation of third parties, and guarantees the fulfillment of the prescribed obligations. Thus, the first advantage of tokenized gold will be the absence of unreasonable costs thanks to smart contacts. It will be as easy to sell tokenized gold as any other asset or cryptocurrency.  
  1. While there is a real danger of “getting caught by fraudsters” when buying regular gold/silver, in a similar transaction where tokenized precious metal is involved, this is literally impossible. Why? Because the tokenized asset’s characteristics and movement are constantly monitored and reported on the blockchain using RFID scanning of the precious metal. It sends data about the location of the asset and its properties to the blockchain. This way, the investor always has all the necessary information, which cannot be tampered with, about the asset when buying it. Defeating fraud is the second significant advantage that a tokenized precious asset is willing to offer. 
  1. Blockchain tokenized gold/silver is stored in a secure place with all precautions, without being moved. At the same time, tokens backed with this precious metals can easily be traded without reference to place or time, in a decentralized manner. Accordingly, the third significant advantage of tokenized precious metals is the possibility to increase liquidity by selling the gold/silver to verified individuals around the world regardless of one’s geographic location. 

Summary 

It is safe to say that the tokenization of real-world assets on the blockchain presents the greatest opportunities and the list of these very assets will only grow. As for tokenized precious metals — they will be the solution that investors who wanted to invest in gold, silver, or platinum have been looking for, for a long time. Tokens backed by precious metals can be bought not only at a fair price, but also safely, transparently, and without fear of fraud. 

ClevverCrypto offers comprehensive solutions for the tokenization of various assets. Reach out to our team and start your tokenization project already today! 

DISCLAIMER: Any legal, tax, or investment advice in this communication (including any attachments) is for information purposes only and is not intended to be used, and cannot be used against Clevver or its Sender. The sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax accountant for individual consultation. Clevver does not provide any legal/ investment/ tax advice itself. Clevver works together with a network of lawyers and tax advisors that provide all necessary individual legal advice. 


Looking for a Crypto-Friendly Jurisdiction?

Psoted on: November 24, 2021 at 11:49 am, in

Read About Which Countries Have Beneficial Conditions for Blockchain Startups

Over the past few years, different legal frameworks have been introduced to regulate crypto businesses and cryptocurrencies in particular. And a small number of governments have seen great perspectives that crypto projects can offer to their economies.  

Some of the most popular with investors crypto-friendly countries are the following: 

SwitzerlandLiechtensteinCyprus, and Estonia

Switzerland 

Switzerland is a country with loyal and quite progressive laws on crypto-activities. For example, in February of this year, the so-called “blockchain law” came into force. It proposes a series of reforms to civil and financial markets laws. These reforms are designed to regulate blockchain-based securities. Among other things, these modifications would create a legal basis for trading rights through electronic records and a new category of licenses for trading systems based on Blockchain technology. 

Switzerland is renowned as one of the best places for new crypto startups. In this regard, the canton of Zug stands out among other districts in Switzerland. Due to its widespread loyalty to crypto-businesses, it has even been dubbed the “Crypto Valley.” Zug is home to hundreds of crypto and blockchain startups, investment funds, cryptocurrency banks, and other digital currency organizations. The beneficial taxation regime in the canton played a significant role in making Zug a great place for crypto-activities. 

Clevver together with a network of lawyers supports remote company formations in Switzerland. Reach out to our team to find out more.  

Liechtenstein 

Liechtenstein is a tiny state and located in the center of Europe. Despite its small size, the country is a recognized financial center and an active player in the global business market. The Principality of Liechtenstein is more than supportive of crypto-business. This is evidenced by the following facts:  

  1. The adoption and enactment in 2020 of Liechtenstein’s Blockchain Law, the “Trusted Technology Token and Service Provider Act” (TVTG), which establishes a comprehensive regulatory framework for crypto activities;
  2. The well-known Bank Frick of Liechtenstein provides comprehensive blockchain banking services, including storage of its customers’ cryptocurrency funds and tailored advice to clients on token projects; 
  3. The active support of the crypto community by the Crown Prince of Liechtenstein. 

The ease of setting up a crypto business, along with tax incentives, is attracting more and more blockchain startups to Liechtenstein; if you are interested in incorporating a company in this jurisdiction, then Clevver is ready to assist in the formation of a shelf company in Liechtenstein on request. Send a request to our team and learn more.  

Cyprus 

Cyprus is not unreasonably considered one of the most crypto-friendly jurisdictions in the world. This is supported by the fact that some Cypriot universities accept tuition fees in bitcoins, the University of Nicosia in particular.   

Cyprus is a full member of the EU and has one of the lowest corporate taxes in Europe and in the world — 12.5%.  Overall, the government’s positive attitude towards crypto activities and the stability of the economy make Cyprus a promising jurisdiction to start a crypto business. 

Clevver together with dedicated legal partners supports the online company incorporation in Cyprus. All the corresponding papers are available digitally. Get in touch with our specialists to find out details. 

Estonia 

Estonia is an advanced digital country with economic freedom and ease of doing business. It is considered to be one of the countries where it is quite easy to start a crypto business. 

In this state, cryptocurrency refers to alternative means of payment. Estonia is one of the few countries in Europe with a friendly attitude to ICO/STO activities. Here, the international business of primary issuance of coins receives favorable conditions with flexible taxation. Crypto-activity licenses are issued by the state body EFSA (National Regulator of the Republic of Estonia). The country’s authorities have provided benefits and incentives for ICO/STO projects. 

Clevver together with a network of legal partners provides assistance in the settlement of the companies in Estonia. Contact our experts to get details if you have questions. 

Bottom Line 

Overall, the global community has a positive attitude to the crypto business and many countries wholeheartedly support the crypto activities within their jurisdictions. They pass appropriate laws to make digital token business transparent, safe, and legally regulated. 

ClevverCrypto provides broad-based support for token campaigns, we offer a number of actionable algorithms to make your token project come to life and flourish. Contact our team and learn more! 

DISCLOSURE NOTICE:  Any legal or tax advice in this communication (including any attachments) is for information purposes only and is not intended to be used and cannot be used against Clevver or its Sender. The sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax accountant for individual consultation. Clevver does not provide any legal advice itself. Clevver works together with a network of lawyers and tax advisors that provide all necessary individual legal advice. 


Ownership of an Exquisite Car? Super Easy, if It Is Tokenized!

Psoted on: October 27, 2021 at 11:49 am, in

Classic cars or super sports cars (Supercars) along with real estate, precious metals, and stocks are considered a lucrative investment option. Year after year, entrepreneurs around the world invest in this asset. However, Supercars are a special asset that is, frankly speaking, quite expensive, only investors who have large funds can invest capital in them. For small or start-up businessmen, this kind of asset is simply unattainable.  

Now, with the development of blockchain-based asset tokenization, everything has changed. Presently, it is not necessary to have an impressive sum of at least six figures to invest in a classic automobile, it is enough to buy only a part of it for a modest cost.  

“It’s All about Tokens!” 

With the advancement of tokenization and Blockchain technologies, it became clear that these two tech trends have excellent potential, yet their combination is even more grandiose. Together they represent a force capable of reshaping the current world of finance and the global economy. They offer pioneering solutions to literally “move” assets from the real world to the digital one, preserving their value and all essential parameters. Furthermore, blockchain-based asset tokenization greatly simplifies the process of investing, eliminates middlemen and overall old-fashioned paperwork. 

Tokenized Classic Cars 

What is it, tokenization of Supercars? Basically, the supercar is digitized and this is done through the creation and issuance of tokens (digital units) on a blockchain (Ethereum, Cardano, and others) by dint of an STO (security token offering) launch.  

Below is a hypothetical scenario of tokenization of a $1,500,000 Ferrari collectible Supercar: 

A certain AutoAsset Group Ltd. buys high-quality cars with collectible value. These cars today are sold to 1 buyer only. With tokenization, the AutoAsset Group wants to purchase a Ferrari and sell to many hundreds of buyers using fractional sales via tokens. 

To set the best legal framework for this business model, the company will establish an AG in Liechtenstein, as Liechtenstein (and Switzerland) offers today one of the best legal frameworks for tokenization business models. A company formation in Liechtenstein and Switzerland can be supported by Clevver. And in detail, Clevver can also assist in:  

  • opening a bank account; 
  • preparation of the valuation report; 
  • programming of smart contracts on well-known blockchains (Ethereum and many others); 
  • working with a network of lawyers to establish a legal structure in the crypto-friendly country, like Liechtenstein or Switzerland;  
  • providing a white-label platform (with KYC / AML verification for investors) for further trading/exchange of tokens for FIAT money or other cryptocurrencies.  

Through tokenization, the Ferrari will be digitized into small parts and its $1,500,000 value will be transformed into 1,500,000 tokens (1 share = $1). To buyers wishing to purchase a piece of the tokenized Ferrari, those pieces will be available in packages x 5,000 tokens each. The smart contract includes a share certificate for the car, as well as an automatic annual incremental value payment (dividend). Further, each owner of the split asset participates in the development of the value and final sale price after 10 years.  

You can read more about the auto tokenization example on our website

Benefits of Tokenized Valuable Supercars 

Blockchain-based car tokenization has many advantages. Here are a few:  

  • Investing in luxury cars is an industry in which there is no common systematization: cars are valued according to different indicators, and the circle of investors who have access to this asset is objectively small due to the high capital required to purchase a car. Tokenization of vehicles will provide more transparent schemes of asset valuation and due to the possible fractional acquisition will expand the pool of potential investors by far. 
  • Due to the digitalization of the asset following the launch of auto-backed tokens and the use of blockchain, the possibility of errors is reduced to almost zero, as the human factor is almost completely eliminated. 
  • Selling /exchanging car tokens, unlike old-fashioned vehicle trading, can be done 24 hours a day, seven days a week, plus it is not tied to a location, which also erases the problem of investors being dispersed by region. 
  • Tokenization lowers the necessary capital threshold for investors wishing to participate in high-value automobile ownership. Because digital tokens can have a small face value, investors will be able to access this exclusive asset class with little capital. Once tokenized, even 1% of an expensive machine can be purchased. 
  • The tokenization of Supercars offers solutions to eliminate the role of financial intermediaries such as banks, insurers, notaries, etc. They will simply not be needed due to the composition of the necessary smart contact when issuing tokens. Smart contracts are existing in a blockchain computer code that ensures the automatic execution of agreements between users without interference. Because smart contracts operate in a blockchain environment, these algorithms cannot be changed once launched. 

Bottom Line 

Tokenization of the car is a time-consuming and extremely creative process since each tokenizing project is different and highly individual. Therefore, those who are interested in issuing tokens backed by an expensive car should seek help from specialists with sufficient knowledge, experience, and creative thinking. 

Clevver’s new service, ClevverCrypto, offers structured and qualified assistance in the tokenization of various assets, including collectible vehicles. Check out an example project of Ferrari tokenization with Clevver on our website. You can contact our team to learn more about the new service and its functionality. 

DISCLOSURE NOTICE:  Any legal or tax advice in this communication (including any attachments) is for information purposes only and is not intended to be used and cannot be used against Clevver or its Sender. The sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax accountant for individual consultation. Clevver does not provide any legal advice itself. Clevver works together with a network of lawyers and tax advisors that provide all necessary individual legal advice.  


Tokenization of Real Estate

Psoted on: October 11, 2021 at 7:02 am, in

Tech Trend that Changes the World of Finance

Investing in real estate has always enjoyed great popularity and is often recognized as one of the best ways to increase capital.  

Tokenization using blockchain technology will soon bring real estate investments to a completely different level, and take it to the digital era. It will create efficient mechanisms to increase the liquidity of real estate, simplify the procedure of buying, maintaining, and selling the property. What is also important, is that the buying group changes dramatically: tokens can be offered to a much larger international investor group. Also, assets can be divided into smaller assets parts and therefore investors with a smaller budget also have the chance to partake in large projects that were previously inaccessible because of high capital requirements. 

Tokenization of Properties: Peculiarities 

Real estate tokenization is the “transfer” of real estate assets from the real world into a digital format, preserving all of their significant indicators (value, class, and profitability). It is done through the creation and issuance of smart tokens (digital units) on a blockchain (Ethereum, Cardano, and others) by dint of an STO (security token offering) launch. In turn, these originated tokens may be of different nature and purpose. Thus, they can be equal to: 

  • Equity in real estate; 
  • A share in a company that holds the property; 
  • A claim secured by real estate; 
  • The right to a part of the profit generated from the real estate ownership, and others. 

Any type of real estate can be tokenized, both residential and industrial. As of now, there are several property tokenization mechanisms, among them are: 

  • Ownership of real estate through an equity interest in a specially created (vehicle) company; 
  • Equity in a real estate fund; 
  • Equity participation in a real estate property; 
  • Investing and lending for real estate development; 
  • Creation of tokenized real estate investment funds. 

The technology itself is extremely promising and experts worldwide confidently call it the tech trend of the future, which will redraw the whole global investment market. It will relieve investors from hateful paperwork and expand the pool of possible investors as such. 

Advantages of Real Estate Tokenization 

Tokenization of any kind of asset is a promising and offering great opportunities tool. If we talk about tokenized real estate advantages, we can specifically highlight the following points: 

  • Overall flexibility   

One of the notorious advantages of tokens is their flexibility. When a property is tokenized, it can be digitized for later fractional sale or exchange. This also allows investors with little capital to enter the market. That is even an entrepreneur with little funds can invest in a tokenized property and become its partial owner obtaining dividends from the potential earnings. 

  • No geographical boundaries or restrictions 

Tokenization of property tools literally erase geographical boundaries in the investment world, thereby expanding the pool of investors and potential targets for funding capital. All activities take place in the digital format, thereby providing the opportunity to invest in tokenized real estate on a global scale at any time convenient for the entrepreneur. 

  • Cost optimization 

When tokenizing a property, it is possible to significantly reduce the typical organizational costs of conventional real estate investing, such as notary fees and bank fees (paying for your property in cryptocurrency helps you bypass them). Plus, the procedure is completely automated and eliminates redundant red tape formalities. 

  • Possibility of high diversification of the investment portfolio 

Nowadays, to participate in a luxury real estate investment project, for instance, an investor needs to have quite large funds at their hands and pay out a big amount at once. However, thanks to tokenization, it will no longer be necessary to buy the entire property and give a large amount at once, because it will be divided into tokens. This or that property can be split into hundreds or thousands of tokens with a designated value. That is, you can purchase only a small part of this or that house, office, warehouse, etc. It, in turn, means that you can do it with several properties, thereby adding variety to your investment portfolio. 

  • Exclusion of intermediaries 

Thanks to smart contracts prepared in the process of tokenization of assets it is possible to excrete the intermediaries such as notaries, brokers, etc. 

Smart contracts are computer code that exists in a blockchain that ensures the automatic execution of agreements between users without interference. Because smart contracts operate in a blockchain environment, these algorithms cannot be changed once launched. 

Final Thoughts 

Tokenization is a fairly complex process from a legal and technical standpoint. Companies/entrepreneurs interested in launching tokens upheld by real estate face a wide range of challenges in preparation, designing, originating, and promoting real estate tokens. This is why those who have the intention of starting their token project should trust professionals who have the necessary skills, knowledge, and resources to do so. ClevverCrypto is the new brainchild of our company which was created for this very purpose — to provide professional qualified assistance in launching your token campaign. Visit our website to find out more. If you have any questions, please, be free to contact us immediately. 

DISCLOSURE NOTICE: Any legal or tax advice in this communication (including any attachments) is for information purposes only and is not intended to be used, and cannot be used against Clevver or its Sender. The sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax accountant for individual consultation. Clevver does not provide any legal advice itself. Clevver works together with a network of lawyers and tax advisors that provide all necessary individual legal advice. 


ClevverCrypto — New Awesome Service Offered by Clevver

Psoted on: September 7, 2021 at 8:33 am, in

Comprehensive Assistance to Tokenize Your Assets

Life in the era of pervasive digitalization presents us with more and more promising areas of business that, until recently, seemed either fantastic or difficult to bring to life. One such field is the tokenization of assets on a blockchain. It is rapidly evolving and gaining loyal followers who use the technology actively. In order not to be loud and back up what was said above, it is worth mentioning that reputable organizations such as WEF and McKinsey predict that the value of tokenized assets will be equal to nearly $24 trillion as early as 2027. 

Those entrepreneurs who think creatively have already realized the tremendous promise of the tokenization of assets on a blockchain and are eager to “jump on board”. 

Clevver always keeps up with the times and offers only relevant and highly effective solutions for businesses. We are happy to announce that our company launches a new service — ClevverCrypto. This new service aims to assist entrepreneurs and investors wishing not to miss a great opportunity to join the forward-looking market of tokenized assets. 

What is ClevverCrypto? 

ClevverCrypto is the new member of the constantly growing Clevver service portfolio. It offers practical solutions for the successful tokenizing of real-world assets like real estate, fine art, precious metals, classic cars, and many others. 

The team of well-versed specialists will be glad to provide you with the following services: 

  • Support in developing an ICO or STO strategy suitable for your particular case.
  • Assistance in forming the appropriate legal entity for the ICO or STO.
  • Support in competent drafting of necessary smart contracts on different blockchains (ETH, Cardano, etc.).
  • Provision of a fully functional, quality White Label Token Platform with customized software. The Software offers KYC and AML compliance onboarding process for all investors as well as a system to buy token with FIAT or crypto money. 
  • Secure token trading through a white-label platform in crypto-friendly countries.

Tokenization of Assets with Clevver 

When applying to ClevverCrypto services, you can count on the well-thought-out process of tokenization of your assets. The whole procedure looks like this: 

  • Project Planning 

Together with a client we thoroughly review their potential token issuance plan, its perspectives, and possible drawbacks. 

  • Incorporation of the company for the token release 

The Clevver team assists in forming a legal entity to launch an ICO or STO. We offer support in Liechtenstein and Switzerland.

  • Token development 

Specialists with extensive experience take on the programming of a token on a blockchain of your choice. (Ethereum, Cardano, Polkadot, and many others). 

  • Token listing 

We offer a custom white-label software platform to scrutinize investors (KYC/AML) and sell tokens with FIAT/cryptocurrency. The KYC procedure (translated as “know your customer”) is designed to classify and verify the identity of each potential investor. The verification is done before they can conduct any financial transactions. This protects companies/entrepreneurs from the risk of working with fraudsters and ensures the safety of clients’ assets. AML policy means anti-money laundering. It includes a broader set of measures than KYC, such as transaction monitoring, risk assessment, and bank card verification, etc. We use both identity procedures because we value the safety of our customers. 

With Clevver, after the accomplishment of the comprehensive work, your token can be listed for a private sale in your white label platform in as little as 2-3 months. If you want to make your token public, we’ll help you list it at different known crypto exchanges.  

Other cool perks from us:  

  • Qualified specialists that have experience in the Crypto Projects; 
  • Professional technical team that would do programming on the blockchains as Ethereum, Cardano, Polkadot, etc.; 
  • Individual approach to each customer. 

Pricing 

Clevver is always honest with its clients and tries to present information about its services and fees in the most transparent way. However, the tokenization of assets is always a very individual project that depends on many variables. Therefore, it is hard to name the exact cost beforehand. To give you an idea, we build an example of a token project with company incorporation in Liechtenstein as a reference case: 

  • Forming an AG company in Liechtenstein will cost 6,500-10,000 EUR (a one-time fee) plus share capital of an AG: 50,000 CHF; 
  • Registration according to TVTG will cost 25,000-35,000 EUR (a one-time fee) plus 5,000 CHF registration fee; 
  • Preparation of the securities brochure will cost the client between 35,000 and 45,000 EUR (a one-time charge) plus the approval fee of 5,000 CHF; 
  • Development and customization of the White Label Token Platform will cost 25,000-35,000 EUR (a one-time payment, depending on the required functionality);
  • The cost of a license varies from 1,200-2,500 EUR/month (depending on the token project). 

Bottom Line 

It is the Clevver philosophy to add more and more services to our platform and bring a real experience to internationalization as a service. By creating the new service ClevverCrypto, we now have a very state-of-the-art service that provides an effective algorithm of actions and protocols for the most successful tokenization of assets on the blockchain

DISCLOSURE NOTICE: Any legal or tax advice in this communication (including any attachments) is for information purposes only and is not intended to be used, and cannot be used against Clevver or its Sender. The sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax accountant for individual consultation. Clevver does not provide any legal advice itself. Clevver works together with a network of lawyers and tax advisors that provide all necessary individual legal advice.


Tokenization. Why It’s the Future of Modern Business

Psoted on: August 31, 2021 at 9:08 am, in

Back in the day, in the digital world, tokenization was first used as a means of replacing sensitive data (credit card data) with a digital equivalent — token. It was accomplished by TrustCommerce in 2001 as a means of protecting the credit card information. This made payments and transactions more secure and protected them from data leakage and/or hacker attacks. Thus, tokenization has been successfully used for 2 decades already but who knows that? 

The trouble is that the general public isn’t familiar with tokenization well enough and doesn’t have a clear idea of what it is, what this process is for, and so on.  

BUT: Tokenization has grandiose prospects to offer. Therefore, let us get acquainted with it. At its core, tokenization is the replacement of a real asset (credit card data, real estate, commodities, fine art, classic cars, precious metals, and many others) with its digital equivalent — token through various methods.   

To make it easy to understand how the concept works, let’s look at casino chips that everyone is familiar with. The chips themselves have no real value unless they are exchanged for money, that is, they represent the asset behind them. This is also the case with tokens, they provide a safe way to possess assets.  

The year 2001 is long gone, and tokenization has not stood still all this time but is constantly evolving. Today, together with blockchain technology, tokenization opens up staggering possibilities.  

Tokenization and Blockchain  

Blockchain technology is a data system owned by everyone and no one at the same time. It contains an online list of transactions. This list is continuously copied to the databases of countless computers within the so-called classified registry system. This approach makes cheating and data theft/substitution impossible. Blockchain consists of “blocks” that are continuously added to the chain. These blocks can be thought of as permanent pages of the file. Once information is added (a block is attached), no changes can be made to it without the knowledge of the other participants.  

While tokenization is an incredibly valuable tool for defending payment card info, when coupled with blockchain, it converts to an even more powerful one and acquires new features. After Ethereum, Cardano, and similar were invented, it became possible to model entirely new tokens based on them. And blockchain technology, in turn, provides a record of token issuance and continuously monitors its “movements”. 

The tokenization market is booming at the moment while having a significant impact on the global economy as a whole. The global tokenization market is expected to grow from $1.9 billion invested in 2020 to $4.8 billion by 2025, at an average annual growth rate of 19.5% over the forecast period (Markets & Markets). There is a logical explanation for this. The fact is that the tokenization market is constantly pushed forward by the universal need to improve the quality of customer service, the provision of simple and straightforward compliance algorithms, and the widely recognized benefits of Blockchain technology (reducing the risk of fraud/theft of data to zero). 

What Spheres Tokenization Is Applicable In  

Tokenization has enormous potential. Here are just a few examples of the spheres in which it can be successfully applied:  

  • Real estate investments  

The real estate market is immense and expensive; beginning investors find it difficult to get involved in serious projects because of the capital required. Asset tokenization will allow anyone who wants to acquire a certain piece (token) in a particular project to do so.  

  • Asset management  

Asset tokenization allows them to be split into smaller pieces, giving interested investors the opportunity to purchase even a part of a single share if it is tokenized.  

  • Contracts  

Tokenization of the contracts allows information to be tracked and stored online and shared without the risk of data leak/theft/substitution. Also, it eliminates the necessity for third-party assistance.  

Benefits of Tokenization  

  • Safety  

Due to the nature of blockchain technology, when a token is created, a registry entry is designed in the form of a unique code. Thus, one is unable to hack or steal it.  

  • Productivity  

Asset tokenization allows you to enter into transactions without all the hated red tape since all the necessary information is stored in a smart contract. This, in turn, affects the speed of transactions.  

  • Flexibility  

Another advantage of tokens is their flexibility. For example, when a picture is tokenized, it can be digitized for later fractional sale or exchange. This also allows investors with little capital to enter the market.  

  • Convenience  

In the past, the vast majority of transactions required the physical presence of the parties to the agreement to complete the transaction, but with smart contracts, you can sell and buy assets anywhere and anytime.  

Final Thoughts  

Developing relentlessly, tokenization has come a long way since its first implementation in 2001. Today, combined with blockchain technology, it is ready to open up a new era in the evolution of the digital world’s potentialities for investment.  

One thing is certain: tokenization is just beginning to gain momentum and explore the potential application ways.  

Clevver is a digital platform providing relevant services for businesses. We always try to provide the most necessary and on-demand services to make your company prosper. One of our new services to come is ClevverCrypto. By dint of this service, a customer will be able to take advantage of the multiple options of tokenization assistance.   

Clevver will share its experience in ways to tokenize assets and is ready to help with registering a business entity in crypto-friendly jurisdictions to issue tokens. More detailed information about the ClevverCrypro Service is given on our website. If you are an early bird and interested already, please, feel free to contact us and our Crypto-Experts will get back to you in a blink of an eye. 

DISCLOSURE NOTICE: Any legal or tax advice in this communication (including any attachments) is for information purposes only and is not intended to be used, and cannot be used against Clevver or its Sender. The sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax accountant for individual consultation. Clevver does not provide any legal advice itself. Clevver works together with a network of lawyers and tax advisors that provide all necessary individual legal advice.