VP Bank has tokenised the first watch in Liechtenstein.
The vintage Audemars Piguet watch, a Royal Oak 14802ST, is now represented on the blockchain.
VP Bank explained some of the advantages of tokenising real world assets.
Tokenisation is the process of distributing and tracking real-world rights on a digital blockchain. The holder of the tokens is also the legal owner of the physical item.
This means that ownership rights to real assets can now be modified,...
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