October 2020
Intermediate to advanced
352 pages
9h 51m
English
Content preview from Blockchain in Action
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9 Tokenization of assets
This chapter covers
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Developing smart contracts for tokenization of assets
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Reviewing the Ethereum improvement proposal process and standards
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Understanding fungible and non-fungible tokens
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Exploring ERC standard tokens ERC20 and ERC721 for fungible and non-fungible assets
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Designing and developing of ERC721-compliant real estate token
A smart contract can tokenize any asset, tangible (real, financial) or intangible (brand, performance). Tokenize means representing the asset with a digital unit that can be transferred, traded, exchanged, regulated, and managed like fiat currency or cryptocurrency. Examples of assets are computing artifacts, files, and photos on digital media, real estate, collectibles, stocks, ...
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