Asset tokenization is the process of converting any type of asset, whether physical or intangible, into a digital token that represents its value and rights on a platform based on distributed ledger technology (TRD) or blockchain. This technology allows the creation, exchange, storage and management of assets in a more efficient, transparent, secure and accessible way.
Novel assets are those that have not been tokenized before, or that have unique or innovative features that make them attractive to investors and users. Some examples of novel assets are art, music, video games, sports, education, health, environment, identity, reputation, data, social networks, experiences, emotions, etc.