Blockchain-Powered Asset Tokenization Platform

Aaryan Sinha, Raja Muthalagu, Pranav Pawar, Alavikunhu Panthakkan, Shadi Atalla

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Blockchain Technology has revolutionized Finance and Technology with its secure, decentralized, and trust-less methodologies of data management. In a world where asset value fluctuations are unprecedented, it has become increasingly important to secure one's stake on their valuable assets and streamline the process of acquiring and transferring that stake over a trust-less environment. Tokenization proves to be unbeaten when it comes to giving the ownership of one's asset, an immutable, liquid, and irrefutable identity, as of the likes of cryptocurrency. It enables users to store and maintain records of their assets and even transfer fractions of these assets to other investors and stakeholders in the form of these tokens. However, like cryptocurrency, it too has witnessed attacks by malicious users that have compromised on their very foundation of security. These attacks have inflicted more damage since they represent real-world assets that have physical importance. This project aims to assist users to secure their valuable assets by providing a highly secure user-friendly platform to manage, create and deploy asset-tokens, and facilitate open and transparent communication between stakeholders, thereby upholding the decentralized nature of blockchain and offering the financial freedom of asset ownership, with an added market value of a cryptocurrency-backed tokens.

Original languageEnglish
Title of host publication2024 7th International Conference on Signal Processing and Information Security, ICSPIS 2024
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9798350368673
DOIs
StatePublished - 2024
Externally publishedYes
Event7th International Conference on Signal Processing and Information Security, ICSPIS 2024 - Dubai, United Arab Emirates
Duration: 12 Nov 202414 Nov 2024

Publication series

Name2024 7th International Conference on Signal Processing and Information Security, ICSPIS 2024

Conference

Conference7th International Conference on Signal Processing and Information Security, ICSPIS 2024
Country/TerritoryUnited Arab Emirates
CityDubai
Period12/11/2414/11/24

Bibliographical note

Publisher Copyright:
© 2024 IEEE.

Keywords

  • Asset-Security
  • Blockchain
  • DApp
  • De-Fi
  • Ethereum
  • Synthetic-Assets
  • Tokenization
  • Tokens
  • Web3.0

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