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Tokenization Utility

Definition

Tokenization utility refers to the practical functions and benefits derived from representing real-world or digital assets as tokens on a blockchain. This utility extends beyond simple ownership, encompassing various applications such as enhanced liquidity, fractional ownership, automated management through smart contracts, and simplified transferability. It enables new economic models and access to markets that were previously illiquid or inaccessible. The utility is determined by the specific design and use cases of the tokenized asset.