Technical and Key Concepts in BoulderTech's Framework
Real World Assets (RWA) RWAs are tangible or physical assets like real estate, art, or financial securities. In BoulderTech’s context, we focus on transforming these assets into digital tokens, making them accessible and manageable on blockchain platforms.
Ethereum Blockchain The Ethereum blockchain is a decentralized platform known for its flexibility and broad functionality, particularly suited for smart contracts and decentralized applications (DApps). BoulderTech leverages Ethereum's robust infrastructure for secure and efficient tokenization processes.
Security (Asset) In financial terms, a security is a tradable financial asset, often representing an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option. BoulderTech ensures that the tokenization of securities complies with legal standards and maintains their inherent value and rights.
Tokenization Tokenization refers to the process of converting rights to an asset into a digital token on a blockchain. This process makes assets easily divisible, transferable, and accessible, broadening investment opportunities and enhancing liquidity.
ERC-3643 Standard The ERC-3643 is a specific Ethereum blockchain token standard designed for tokenizing real-world assets. It ensures that tokens are legally compliant, integrating traditional asset characteristics with blockchain's transparency and liquidity benefits. BoulderTech utilizes ERC-3643 to bridge the gap between real-world assets and the digital finance ecosystem.
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