THELOGICALINDIAN - Technology is the better force of the animal chase now and for centuries to appear Right from advice to business bloom to purchasing simple abstruse advances to the breakthrough accretion apple there isnt a acreage that has not been disrupted
The fintech industry is no drifter to disruption either. The aisle taken by the area in contempo canicule flows from securitization to tokenization, and added facilitating such a disruption is BANKEX – Blockchain based Proof-of-Asset Protocol.
Securitization and its essence
Securitization is basically about the about-face of assets to stocks that are tradable and comes with a connected backing. Though Securitization ensures able about-face of assets, the accepted banking industry has become sophisticated, authoritative it addled and inefficient. Securitization additionally takes a lot of time, paperwork, and formats, which makes things annoying.
In this agenda age, things should be faster and added efficient. With IoT, the Blockchain technology, and Artificial Intelligence, we should accept a digitized arrangement by now. So, the new order:
Tokenization to the rescue
Tokenization is now the new anatomy of asset conversion. It involves transforming an asset into what is alleged a token, apery a agenda anatomy application the blockchain technology. With this technology, all the problems encountered through securitization are a affair of the past.
A standardized, distinct advisory antecedent is created with this technology, extenuative us from the arid assorted abstracts formats. The blockchain is a defended platform, ensures able-bodied tracking capabilities for aggregate recorded and stored for an absolute lifecycle of a token. And all along, the action is rapidly accomplished after delays.
With this technology, a new belvedere is built-in to ensure that the absolute banking ecosystem is taken to a accomplished new level.
The BANKEX SOLUTION
BANKEX is the new tokenization provider that uses the blockchain technology to action advanced Proof-of-Asset agreement for the banking market. By application Smart Contracts, BANKEX takes an asset and digitize it, ensures that the asset is validated, turns it into a token, and places it on the bazaar for trading. The Demo is already alive now.
With BANKEX, clamminess is aloof a bang away. It gives admission to basic for asset owners and bright cashflow for investors. With abutment from 10 banks and its Proof-of-Asset agreement actuality a acrimonious topic, BANKEX is actuality to stay.
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