How To Tokenize Digital Assets on the Blockchainby@alcueca
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How To Tokenize Digital Assets on the Blockchain

by Alberto Cuesta Cañada 6mAugust 20th, 2019
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A tokenization contract for digital assets can be used to manage software licenses in a blockchain platform. The contract generates uniquely identifiable tokens which cannot be merged or broken down into fractions. The ERC721 contract is the ideal starting point for tokenizing digital assets. We are going to use a pay-per-use model to manage the licenses. The license system will be paid for by the users at a very low rate. An example of a use case where decentralization works is Bitcoin which enabled Bitcoin to grow organically without centralized control.

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Alberto Cuesta Cañada  HackerNoon profile picture
Alberto Cuesta Cañada

Alberto Cuesta Cañada

@alcueca

Hello. I design and build blockchain solutions. I like to make the complex simple.

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Alberto Cuesta Cañada  HackerNoon profile picture
Alberto Cuesta Cañada @alcueca
Hello. I design and build blockchain solutions. I like to make the complex simple.

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