{"id":3159,"date":"2022-01-25T09:39:46","date_gmt":"2022-01-25T07:39:46","guid":{"rendered":"https:\/\/www.immotokens.be\/?p=3159"},"modified":"2022-01-25T10:02:40","modified_gmt":"2022-01-25T08:02:40","slug":"verschillende-opties-in-tokenization","status":"publish","type":"post","link":"https:\/\/www.immotokens.be\/en\/blog\/tokenisation\/different-options-in-tokenization\/","title":{"rendered":"Different options in tokenisation"},"content":{"rendered":"

Tokenisation is a term that is relatively new to many people. However, tokenisation is anything but a new term. It is a technology that existed long before the world began to notice it. The digitalisation of society ensured that the potential of tokenisation was increasingly exploited and thus came to the attention of the general public. A technology that once began as an application to secure personal data is now used in a slightly different form as a very interesting option for many to be able to invest in, for example real estate<\/a>. A good reason to take a look at the different options in tokenisation.<\/p>\n

What is tokenisation?<\/h2>\n

Tokenisation is also called tokenisation<\/a> called. It is a collective term that can be used to describe a possession or a right of access, but in a very broad sense. The best way to explain what tokenisation is is by providing insights into the use of this technology. The term itself cannot be captured in one sentence.<\/p>\n

A token can also be a coin with which you can buy a drink at a festival. In that case, you have exchanged a traditional currency, such as the euro, for the right to get your pint at one of the distribution points. Another form of tokenisation has a linguistic purpose. This technique can be used to divide a text into parts to make reading and learning easier. Another application that should not go unmentioned is the application of tokenization to get verified votes for an election.<\/p>\n

Versatile applications of tokenisation<\/h2>\n

Many people relate tokenisation to the use of blockchain technology. Assets that exist in the real world can be traded (in parts, if desired) as tokens on a blockchain. This is, in a nutshell, the idea behind the concept behind Immotokens. We offer smaller property rights that represent a value proportional to the investment. This makes an investment in a larger project very accessible to many people and the possession of a token offers the possibility of generating added value (read: income) from it. The applying blockchain to real estate investments<\/a> was new to many people and in some cases even a conscious introduction to the term \"tokenisation\". In addition, the application of tokenisation is often related to the use of digital currencies. For the origins of tokenisation we have to go back to a time that is quite long before the birth of Bitcoin (the first introduced digital currency).<\/p>\n

What few people know is that the origin of tokenisation lies in data security. A good example of this is the use of a credit card. After all, the technology can be used to convert customers' personal data into complicated number and character strings that are not vulnerable to hacking. In addition, Facebook was one of the founders of tokenisation. Think of the sale of Facebook credits to be able to play well-known games such as Farmville and Candy Crush. Facebook soon had the \"Tokenize everything\" setting, which turned out to be a far-sighted move when you look at today's tokenisation applications.<\/p>\n

Different forms of tokenisation<\/h2>\n

The above brings us to the different forms of tokenisation. There are several types of tokenization to be distinguished. Below we list the different forms so you get an insight into the potential of tokenization.<\/p>\n