Tokenization is the process of taking real-world assets and having them represented by digital tokens that can be traded on a blockchain. Tokenization can be a valuable tool for automating business processes and facilitating investment in fractional portions of an asset. However, the success of any tokenization project depends on the laws applicable to the asset being tokenized and the terms and conditions governing the project. Contrary to what some might think, rights in the asset represented by a token do not generally transfer to a buyer on the sale of the token.

Continue Reading Tokenization, Ownership and Intellectual Property Rights

On 11 February 2020, five months after the German federal government adopted a blockchain strategy, the Bavarian state government implemented a blockchain strategy of its own, acknowledging that blockchain is a key digitalization technology. The Bavarian strategy paper highlights that blockchain technology could lead to the new, disruptive business models and to administrative processes that are more efficient.
Continue Reading Bavaria Implements Blockchain Strategy