Cape-based property investment specialist Flyt Property Investment has launched Africa’s first property-backed security token. The Flyt token (FLYT), which resides on the Ethereum blockchain, allows investors to subscribe for, redeem and transfer shares in the Flyt Hospitality Fund, a South African Section 12J fund investing in hospitality property and apart-hotels. One Flyt token is equivalent […]
The tokenisation of assets involves the digital representation of real (physical) assets on distributed ledgers, or the issuance of traditional asset classes in tokenised form. Asset tokenisation has become one of the most prominent use-cases of distributed ledger technologies (DLTs) in financial markets, for assets including securities (e.g. stocks and bonds), commodities (e.g. gold) and […]
By Riccarda Joas, Jonas Gross, Philipp Sandner Blockchain, IoT, and AI are innovative technologies which will pave the way of digital transformation and will disrupt various industries. These three technologies will converge and will create new business models: Autonomous agents (i.e., sensors, cars, machines, and other IoT devices) will act as own profit centres 1) […]
