Current Affairs · Economy
The term 'Tokenization of Assets', often seen in the news, refers to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A cybersecurity protocol that replaces sensitive network data with non-sensitive encrypted equivalents.
- 2The mandatory requirement by governments to replace physical currency with central bank digital currencies.
- 3A monetary policy tool used by central banks to regulate liquidity and inflation.
- 4The process of converting ownership rights of physical or financial assets into digital tokens on a blockchain.✓
Correct answer
The process of converting ownership rights of physical or financial assets into digital tokens on a blockchain.
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