3. Blockchain Initiatives
Digital Gold Service
<Source:PayAttention to These4TypesofBlockchainBusinessInitiatives(Gartner, 2018)>
4. What is Asset?
ü In financial accounting, an asset is an economicresource.
ü Anything tangible or intangible that can be owned or controlled to produce value
and that is held by a company to produce positive economic value is an asset.
ü Assets represent value ofownership that can be convertedinto cash(although cash
itself is also considered an asset).
• Current Assets :Cash andcash equivalents,
• Fixed Assets :land, buildings,machinery,
furniture,tools, IT equipment
• Goodwill,copyrights,trademarks, patents
and computer programs, etc.
• Financialassets, includingsuchitems as
accounts receivable,bondsand stocks, etc.
8. Benefits of Asset tokenization
§ Liquidity ofassets / Liquidity Premiums
§ New economicmodels around asset ownership, such as fractional ownership.
§ Diversification ofrisk arising out of asset ownership
§ Eliminating temporal/territorial barriers for asset owners forattracting investments
§ Reducing entry barriers for trading and investing
§ Newer models of raising capital, by allowing projects that are under development
to issue shares in form of tokens to finance project development
§ Utilizing network effectfor certain products to increase their popularity in the
market, by providing direct financial incentive to fractionalowners
§ Reducing administrative expenses
15. Crowdvilla : Token Point System
ü Each Crowdvilla Token(CRV) denotes ashare of time-value for the use ofall properties
in the Crowdvilla portfolio.
ü CRV holders earn Crowdpoint Tokens(CROWD) in perpetuity(i.e.on an ongoing basis for
as long as the portfolioexists).
ü CROWD Tokensare used to book stays in the properties.
ü The number ofCROWD Tokens generated is proportionalto the number of CRV Tokens
held and the length ofthe holding period.
16. REIDAO’ Model
ü Every real estate that is registered
will have its own Ethereum address
where users can visit and retrieve
information about the property,
including its ownership details.
ü REIDAO’sunique property token
will follow acertain standard that
makes it usable for otherservices
built on the Ethereum blockchain.
Affordable,Diversification, Market Liquidity, Versatility, Global, Security
24. Bitproperty : Vision
ü Bitproperty is a decentralised real estate
platform powered by Ethereum smart
ü Bitproperty has two types of token: the
BTP platform token and individual
property asset tokens.
ü BTP tokens represent the inherent value
of the platform and provide holderswith
income fromtransaction fees within the
platform in proportionto the amount they
33. Problems and Challenges
• Asset backedtokens needto be based onthe certainty that usingthe tokens in
any future point of the time, the participants can redeem their real-world assets.
• Currentlythere is regulatory vacuum overa big numberof questionsof howwill
this space shall be regulated.
• The fundamentalquestion is whetherowningtokensconfers ownershipoverthe
Digital identity and
• Digital ID marketplace needs to beintegrated into thetokenizationplatforms
that meet the stringent standards ofbiggest regulatory bodies,such as SEC.
• There is a needoftrusted intermediaries and oracles toprovidesuch valuation
and rating data onasset backedtokens.
34. Technology Issues
ü Almost all theAsset tokenization projects’technologyis based on Ethereum Platform.
ü If all the access(use or occupation of the asset) controls are executed throughsmart
contracts, transaction feeissues are remained.
ü For the near real-time transactions off-chaintechnologiesare needed.
ü The functionof access controlhas to be integrated to the IoT(Internet ofThings)
35. “The technology is still new and
many legal questions remain unanswered.
But tokenization stands to bring massive opportunities
for growth and diversification to the asset market.
We will see major breakthroughs in this area soon!”