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The real-world assets (RWAs) represents one of the most compelling applications of revolutionary blockchain technology. RWAs will revolutionize the way we perceive and interact with various forms of value. From art and collectibles to real estate, stocks, commodities, and even personal data, a wide array of tangible and intangible assets can now be represented digitally on-chain through the issuance of tokens called as asset tokenization.
RWA tokenization unlocks the benefits such as transferring ownership, sharing revenue streams, and increasing liquidity for assets that were previously illiquid or non-commercial.
Asset tokenization bridges the gap between the physical and digital realms.‍ The blockchain's public, immutable ledger provides complete transparency into asset ownership and transaction activity, establishing clear provenance and mitigating fraud risks.
Blockchain smart contracts can automate regulatory requirements and KYC/AML checks, simplifies the complex process.
Plume is the innovative Real World Asset Modular Layer 2 Blockchain which simplifies the asset tokenization. Plume's innovative solution called Plume Arc enable users to onboard real world assets onchain in just a few clicks.

What is asset tokenization?
Asset tokenization refers to the process of recording the rights to a given asset into a digital token that can be held, sold, and traded on a blockchain. The resulting tokens represent a stake of ownership in the underlying asset.

Asset tokenization process
🔸Create the digital tokens: The first and most important step is to create the tokens that represent shares in the real world asset/property. In order to do this, one could create a legal entity that would exist solely to own the actual real world asset being tokenized. Plume uses Plume Arc to simplify the asset tokenization process. Plume Arc is a modular asset tokenization engine which connects services and KYC/AML providers. Plume uses ERC-3643 RWA token standard to ensure tokenized assets are regulatory-compliant.
🔸Smart contract implementation: The issuance, balance tracking, and payouts of benefits associated with the digital tokens representing a tokenized asset would all be governed by smart contracts. Smart contracts are decentralized programs built on blockchain that have a transparent auditable code. Plume uses smart wallet with native account abstraction for seamless asset management, gas transactions, and RWA staking.
🔸Real world data feeds: Once the Real world asset being tokenized and it's data will be brought on-chain using oracles. Plume uses data highways for real-time data updates of tokenized asset. Plume utilizes TLSNotary technology and custom Oracle contracts to verify and upload data, ensuring authenticity and reliability.
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Asset Tokenization, a revolutionary concept empowered by the innovative blockchain technology, involves the conversion of real world tangible and intangible assets into digital tokens. These tokens, recorded on a secure and decentralized blockchain ledger, facilitate fractional ownership and seamless trading.

Checkout the diverse types of tokens contributing to the dynamic landscape of asset tokenization.
1. Equity Tokens: Equity tokens specifically represent ownership in a company, similar to traditional equity shares. Which may have voting rights and a share of the company’s profits.
2. Security Tokens: Security tokens represent ownership or rights to a tradable financial assets subjected to regulations such as equities, bonds, or real estate.
3. Utility Tokens: Utility tokens provide access to a specific product, service, or platform. It offers access to features, discounts, or voting rights within a decentralized application (DApp).
4. Real Estate Tokens: Real estate tokens represent ownership or fractional ownership in real estate properties.
5. Commodity Tokens: Commodity tokens represent ownership or rights to physical commodities such as gold, silver, or other precious metals. Tokenization of commodities offers innovative benefits such as trading and ownership transfer on the blockchain without intermediaries and at lower cost.
6. Non-Fungible Tokens (NFTs): NFTs represent uniqueness of assets, often used for tokenizing digital or physical art, collectibles, and unique items. The NFTs are distinct from other tokens in that each token has a unique identifier.
Plume is the innovative RWA Modular Layer 2 Blockchain which simplifies the asset tokenization. Plume's innovative solution enables users to onboard real world assets onchain in just a few clicks.