In a traditional computing world, the idea that an object has a unique identity requires a centralized registry. Indeed, imagine the consequences if your social security number could be assigned to another person. Fortunately, a database exists to ensure that the same number is not assigned to more than one person.
A blockchain can – without any intermediary – guarantee a complete list of unit mobile number database that only one identity can exist for a single object (value, currency, entity, person, citizenship, etc.). It is this same principle that guarantees that a given monetary value can neither be duplicated nor exist in two places at the same time on the Web. For example, if I have a Bitcoin in my wallet, the blockchain will then keep track of the fact that this Bitcoin is in “my wallet” and will therefore not allow this value to exist elsewhere at the same time.
Materialize intellectual property
Tokenization thus makes it possible to create the equivalent of a token or a digital “ball” that is unique and serves to concretely represent something abstract, intangible. The concept of copyright or intellectual property is particularly intangible. Everyone understands quite well what real estate means, because it is physical. On the other hand, many have a hard time imagining what copyright or intellectual property might actually look like, and rightly so…
Thanks to its decentralized ledger
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