How does tokenization of assets work? Tokens explained. Tokenized Assets explained.

The video explains Tokenized Assets, shows the process of tokenization in 9 steps with an example and discusses Blockchain Technology, Bitcoin, Tether, Asset Tokens, Ownership of assets with digital tokens as e.g. property, native assets, tokenization.
The video explains the following questions:
How do you Tokenize real assets? What is an example of tokenization? What is the difference between a tokenized asset and a digital asset? What is tokenization in real estate? What are Tokenised assets? Is an NFT a tokenized asset? How do you Tokenize a real asset? What is an example of tokenization of real assets? What are examples of tokenization?
What real-world assets can be tokenized? Examples for tokenization investments?
The videos in the channel refer to my book "Matthias Fischer: Fintech Business Models, Berlin/Boston 2021. The book covers innovative fintech business models from USA, Europe, China. The channel covers fintechs in the area of payments, robo advisory, Personal Finance Management, crowdfunding, artificial intelligence, blockchain, cryptocurrency and innovative digital solutions in banking. (Tokenization explained)

[@user-xo7gt4qb2o]

So what will my tokens look like? Let’s say I now own 400 tokens from the apartment that I’m living ,so what kind of tokens will I get? Are they crypto, where are this token running on ? Ether ? Do I need a special address for the his tokens ?? I want to understand what are this tokens that I will get from the apartment ?? If you know what I mean.

[@stanwhite-zm7ec]

sec will never allow this... dream on

[@thangd7124]

Music is so loud. Can you please repeat everything without the music?

[@mountainman9145]

You say real world assets , after tokenization, require the oversight of a custodian (at time stamp 1:20). So when I purchase the real estate and get my tokens why is there a need for the custodian. The blockchain should record the transaction that transferred the ownership to me. It appears to me that the tokens only transfer a claim over the property and not the property itself - otherwise why the hell would you need a custodian in the link? This all looks a bit too messy for me.

[@charlesd4572]

Indeed. I think the problem is that this has been dreamt up by a midwit, technocrat. How do you deal with real world problems such as squatters if you only own a fraction of the property. Who takes responsibility and who pays for it. The custodian? An agent? These problems don't go away just because you don't need to know anything about the actual asset other than what's on the blockchain. This whole thing only works where the ownership is vertically integrated all the way down - monopolisation. And that won't work long term.

[@dustyveilplays]

I think what he's talking about is that even if the asset like real estate were to be tokenized you would still have to go through the legal procedures to acquire the house. because there isn't clear regulation on a situation like that I think that's why big money hasn't moved in yet but I'm sure once some kid figures out how to this tokenized world, they're going to arrest him and do exactly that after finding out it works. And taxing it

[@charlesd4572]

What happens if someone squats in a property you only partially own and you're om the other side of the planet? Whose responsibility is it to kick them out and who pays for whose doing the evicting. Oh you need an agency? And how are they paid - tokenisation? That won't work you'll need a native asset and how exactly do you split that bill via all the different owners who may or not have enough digital currency to help pay for it but have a stake in the property (how do we know - they got the tokens). This only works if you have monopolisation of ownership with vertically integrated asset management. As for as I can see this is another technocratic solution dreamt up by midwits who have no idea of how the real world operates.

[@tonytony6912]

XRP

[@PAULO-28]

So what will my tokens look like? Let’s say I now own 400 tokens from the apartment that I’m living ,so what kind of tokens will I get? Are they crypto, where are this token running on ? Ether ? Do I need a special address for the his tokens ?? I want to understand what are this tokens that I will get from the apartment ?? If you know what I mean.

[@fintechbusinessmodels6855]

With the help of the Ethereum network or the Hedera network, you can configure, manage and transfer tokens, for example. Many specialized companies also offer software for the tokenization of real estate, so there is no need to go to the blockchain level if you want to tokenize real estate. Technically, tokenization is easy and could be extremely efficient. As a holder of the tokens you can just sell them on a marketplace. But the real questions lie in the regulatory area. In most cases, the legal basis has not yet been defined or the processes relating to land register entries and transfer of ownership have not been digitized. The buyer of the real estate token then could have to sign 100 pages of contractual documents. In Germany, for example, ownership of the property cannot be tokenized at the moment. Ownership of the property must be registered in the land register. The shares in the real estate company that owns the property are then tokenized.

[@PAULO-28]

@@fintechbusinessmodels6855 so those token then become crypto ? Let’s say it runs on Hedera for example… then it will be a crypto token inside the Hedera network right ??? Then if so each individual tokens from different real estate will have their on address and name ??? Sorry if I am too slow to understand it.. tokenised assets like real state can not be NFT’s right they need to be tokens like crypto running inside of other networks …

[@tommyreusse3858]

@hbusinessmodels6855If there is no need to go to the blockchain level, then how does Ethereum or Hedera come in to play?