Decentralized technologies are starting to revolutionize the world of finance, with cryptocurrencies applied in different ways to recreate traditional financial instruments. However, since cryptocurrencies aren’t backed by anything but people’s faith in them, they are extremely volatile. When it comes to lending value using crypto, either party cannot be certain that they will receive a fair deal.

It is necessary to have a means to guarantee the asset’s value. This can be achieved by backing it up with real money. This is where tokenization of assets can help. While this process works well for tangible assets like buildings and gold bars, it can be complicated when you consider intangible assets such intellectual property.