The focus of the Blockchain technology has clearly been focused around cryptocurrencies and their use. Bitcoin is clearly dominating the blockchain space and it's certainly not surprising that people will focus on its value rather than the technology behind it.There is much more to the blockchain technology than just tokens and coins, AVA Labs is one of the few platforms trying to use the full potential of blockchain. The main goals of AVA is the tokenization of assets and launching customized chains.Asset tokenization has become increasingly popular and it's a way to issue blockchain tokens that represent a real and tradable asset similar to the traditional process of securitization. This provides a number of benefits that expedite the process of buying and selling securities. Tokenizing an asset or backing the value of a token with a real-world asset opens up the potential investor base of that token to a wider market.Additionally, anyone can launch a chain with AVA and can pick between using an existing network or create a brand new one. Users will have a wide variety of options to customize their chain.
Submitted March 03, 2020 at 07:52PM
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