A physical asset network refers to a system connecting tangible assets with digital infrastructure. This integration often involves using blockchain technology to track, manage, or tokenize real-world assets, from supply chain goods to real estate. Digital representations of these assets can facilitate more efficient transactions, verifiable ownership, and improved data transparency. The network typically relies on sensors and IoT devices to bridge the physical and digital realms.
Context
News frequently covers innovations in physical asset networks, particularly within supply chain management and real estate tokenization initiatives. The goal is to enhance efficiency, reduce fraud, and unlock new liquidity for traditionally illiquid assets. Challenges include establishing reliable data feeds from physical sources and ensuring legal enforceability of digital ownership claims.
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