The tokenization of assets is creating a new economy by reshaping financial markets through the inherent qualities of DLTs. Asset tokenization is creating a new financial market that is more democratic, efficient, and global.
Smart contracts and tokens for supply chain automation are of paramount importance.
Tokens are digital entities that may be used as a digital representation of physical assets (ingredients, subproducts, etc.) and information. Furthermore, with tokenization, suppliers reap the ultimate benefits of blockchain assets. Tokenization forbids duplication, making it non-fraudulent and ensuring accurate tracking and proof of ownership in a transaction. And not just these.
How can smart contracts and tokens support your fidelization strategy? How can you enable customer loyalty in the physical world? How your company benefits from utilizing them? Tokens can provide valuable data to help retailers better understand their customers, becoming a key to a more effective ad-targeting, and, ultimately, to a growth in sales.