Tokenisation is a key concept in the digital and blockchain economy, which allows real-world assets to be represented in digital format. Its application extends to various industries, including the real estate sector, where it facilitates investment and improves the liquidity of assets. In this section, we will explain in a clear and accessible way what tokenisation is, how it works and what its benefits are for investors.
Definition of Tokenisation
Tokenisation is the process of converting a physical or digital asset into tokens on a blockchain. A token is a digital unit that represents a value or right over the underlying asset, allowing it to be bought, sold and transferred securely and efficiently.
This process allows high-value assets to be divided into smaller fractions, facilitating access to investors who previously could not participate in markets such as real estate or art.
Main Features of Tokenisation
Splitting of assets: Allows an asset to be divided into multiple parts represented by tokens.
Transparency and security: The information on the tokens is recorded in an immutable blockchain.
Increased liquidity: Tokenised assets can be traded quickly and easily on digital markets.
Global accessibility: Investors from anywhere in the world can participate in the acquisition of tokens.
Efficiency and automation: Thanks to smart contracts, asset management is more agile and secure.
How does tokenisation work?
The tokenisation process takes place in several stages:
Selection of the asset: An asset that can be tokenised is chosen, such as real estate, a work of art or a financial right.
Creation of tokens: Digital tokens are generated in a blockchain, assigning a value proportional to the asset.
Issuance and sale: The tokens are made available to investors on a specific platform.
Transfer and management: Token owners can easily transfer, sell or exchange their holdings.
Applications of Tokenisation in the Real Estate Sector
Accessible investment: Allows any investor to buy fractions of a property without having to purchase it in its entirety.
Greater liquidity: Facilitates the buying and selling of shares on the secondary market.
Transparency in token ownership: The token ownership record is immutable and verifiable on the blockchain.
Cost reduction: Minimises the intervention of intermediaries and optimises legal and financial processes.
Ease of administration: Smart contracts automate rent payments and profit distribution.
The importance of tokenisation
Tokenisation is transforming the way assets are invested in and traded. Its ability to increase liquidity, improve accessibility and reduce costs makes it a fundamental tool for platforms such as TokenKey, which allow investors to access real estate opportunities in an innovative and efficient way.