Unlocking Revolutionary Tokenization Utility
Written by Gabe Schenk • May 20, 2024
Key Takeaways
- Any asset can be tokenized on Keeta.
- Keeta’s flexible platform supports various token types, including non-fungible tokens (NFTs), semi-fungible tokens (Semi-NFTs), and fungible tokens.
- Any two tokenized assets can be traded between each other instantly and efficiently, no matter the asset.
Keeta is focused on improving traditional finance with the digitalization of fiat currencies and legacy systems, but it is important to note that any asset can be tokenized on the network. This capability allows assets to be traded seamlessly and equitably across the network. Unlike many other networks, Keeta supports the creation of native tokens rather than relying on smart contracts. This innovative approach reduces the network’s storage and computing needs, resulting in a lower carbon footprint and higher efficiency. Keeta’s flexible platform supports various token types, including non-fungible tokens (NFTs), semi-fungible tokens (Semi-NFTs), and fungible tokens. The network provides developers and entities with the tools to manage these tokens from inception through their entire lifecycle.
Tokenization of Real-World and Digital Assets
Keeta's platform is versatile, enabling the tokenization of a broad range of assets beyond just digital currencies. Real-world assets such as real estate, equities, bonds, and commodities can all be represented as digital tokens on the network. This tokenization on Keeta creates a highly performant and secure marketplace where assets can be traded, sold, or held as investments with unprecedented efficiency.
Key Advantages of Asset Tokenization
Traceability and Transparency
One of the most significant benefits of tokenizing assets on Keeta is the traceability provided by the blockchain. Every transaction is recorded immutably, offering complete transparency on asset trades, including details of who traded the asset, when it was traded, and who received it. This transparency also extends to the asset’s history, such as ownership history, reducing the risk of disputes and fraud, and simplifying asset management. Token creators can determine specific requirements for users to obtain their token(s), but no personally identifiable information (PII) is broadcasted to the network, only to the necessary parties, assuring user privacy.
Instant Asset Transfers
Keeta enables the instant trading of assets within the network, irrespective of the asset type. This capability ensures that trades are executed immediately, enhancing market responsiveness and efficiency. Administration costs that are typically associated with these transactions are eliminated by the network’s automation.
Fractional Ownership
Keeta’s platform supports fractional ownership, allowing multiple investors to hold stakes in a single asset. This approach democratizes access to investments, making it possible for a broader range of investors to participate in high-value asset markets that were previously inaccessible.
Transforming the Future of Asset Management
Keeta’s innovative tokenization feature is pioneering a new era of asset management and trading. By enabling the tokenization of assets, Keeta provides a powerful platform that enhances interoperability, efficiency, and accessibility. This capability not only transforms how assets are managed and transferred but also ensures greater transparency and traceability.
With Keeta, the future of asset management is here, offering a more connected and efficient global economy. Whether you are looking to transfer digital currencies or explore fractional ownership in high-value assets, Keeta’s platform provides the tools and capabilities to do so seamlessly and securely.
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Disclosure
*Keeta partners with regional banking providers and payment networks for final payment delivery. Settlement times may vary. Copyright © 2024 Keeta, Inc. All rights reserved. Keeta® is a registered trademark of Keeta, Inc. Keeta is a technology provider, not a bank. Payment services in the United States are provided by Keeta Financial Services, Inc., a wholly-owned subsidiary of Keeta, Inc. US banking services are provided by Community Federal Savings Bank (member FDIC). The KeetaPay Debit Card is issued by Community Federal Savings Bank, member FDIC, pursuant to a license from Visa U.S.A. Inc. Visa is a registered trademark of Visa, U.S.A. Inc. All other trademarks and service marks belong to their respective owners. Keeta Financial Services Canada ULC is authorized by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for the provision of money transferring and payment services under Money Services Business (MSB) registration number M23772971. Payment services in Mexico are provided by Hyperjump Servicios, S. de R.L. de C.V., a wholly-owned subsidiary of Keeta Financial Services, Inc. Mexican banking services are provided by Fundación Dondé Banco, Sociedad Anónima, Institución de Banca Múltiple. Keeta Financial Services UK Limited is an EMD Agent of The Currency Cloud Limited. Payment and e-money services are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorized by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199). Payment services for UAB Keeta Financial Services EU are provided by CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 - 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of a electronic-money institution (Relation Number: R142701).