Hedera network team has launched its asset tokenization tool

What’s new? The team of Hedera, a distributed network with native token HBAR, has announced the launch of Asset Tokenization Studio (ATS), an open-source tool that enables the configuration, issuance, and management of tokenized real-world assets (RWAs) such as stocks and bonds.

Source: X.com

What else is known? The tool was created in partnership with NGO HBAR Foundation, developer Hashgraph, tokenized real estate marketplace RedSwan CRE, and blockchain solutions provider ioBuilders.

ATS will enable institutions and developers to manage the full lifecycle of RWAs on-chain. The tool also incorporates mechanisms to maintain regulatory compliance, such as customer identification and anti-money laundering (KYC/AML), whitelisting, workflow, and notifications, as well as support for US Securities and Exchange Commission (SEC) rules.

ATS is available under the Apache 2.0 license, and the code will soon be published on GitHub.

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ATS includes three key elements. The first is the user interface, which is a user-friendly web application. With its help, developers and users without technical skills will be able to interact with digital securities.

Another element is a customizable software development kit (SDK). It will allow developers to create custom tokenization solutions and deploy decentralized applications (DApps) on the Hedera network.

The third element is smart contracts. These are also open-source and have previously passed security audits. These contracts automate and standardize the tokenization process according to the ERC-1400 standard.

Additional features include support for popular crypto wallets including MetaMask, HashPack, and Blade Wallet, and extend the ERC-1400 standard by integrating additional modules to manage asset-specific metadata on the Hedera network. This opens up opportunities such as coupon payment management.

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In the press release, the team notes a surge of interest in exploring the benefits of asset tokenization from institutional investors and its potential central role in the emerging digital economy. For example, according to a recent EY Parthenon survey, 50% of institutional investors are already interested in investing in tokenized assets, and 44% of asset managers are preparing to tokenize their own assets in the coming years.

Tokenization of assets increases accessibility, liquidity, and transparency, allowing more people (retail investors) to invest in traditionally exclusive and illiquid markets.

Tokenization involves the issuance of digital tokens on the blockchain or other distributed ledger technology (DLT) to represent ownership or interest in real assets such as company stock, bonds, real estate, or commodities. These assets, called security tokens, include rights such as voting, dividends, and corporate actions. Like blockchain, DLTs provide security, transparency, and immutability of transactions.

The benefits of tokenization include increased liquidity (the ability to trade on digital exchanges 24/7), accessibility to a wide range of investors, transparency, and security, and cost efficiency (reduced time and cost to transfer funds by eliminating intermediaries).

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The Hedera network operates on a different technology from blockchain, it uses directed acyclic graphs (DAGs) without grouping transactions into blocks. This technology allows for high throughput, up to 10 000 transactions per second (TPS), and lower latency.

The HBAR token ranks 48th in the overall cryptocurrency market capitalization ranking with a market cap of $1,8 billion and is trading at $0,04966, having lost 1,2% overnight. The weekly drop amounted to 2,2%, and the asset has fallen in price by 42% since the beginning of the year.