Technology

In 2019, the most innovative work involving distributed ledger technology (DLT) & blockchain & will focus on the tokenization of assets, or the ability to represent digital or physical assets and fiat currencies as tokens that can be sold or traded on a network.DLT has the ability to take anything, from a piece of artwork to gems and real estate, and represent them as cryptographically hashed assets on a peer-to-peer, open electronic network that has no central authority, such as a bank, governing their trade or sale.[ Related: The top 5 problems with blockchain ]Representing digital or physical assets as tokens on a DLT-based network enables participants to reinvent processes and develop new business models & uncharted territory from both a business and technology perspective, according to a new report from Forrester Research.





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