How To Tokenize Digital Assets on the Blockchainby@albertocuestacanada
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How To Tokenize Digital Assets on the Blockchain

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A tokenization contract for digital assets can be used to manage software licenses in a blockchain platform. The contract generates uniquely identifiable tokens which cannot be merged or broken down into fractions. The ERC721 contract is the ideal starting point for tokenizing digital assets. We are going to use a pay-per-use model to manage the licenses. The license system will be paid for by the users at a very low rate. An example of a use case where decentralization works is Bitcoin which enabled Bitcoin to grow organically without centralized control.

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