January 1, 2022· THE LAW AND THE BUSINESS IN THE CONTEMPORARY SOCIETY
article
TOKENIZATION OF REAL ASSETS
Authors:Arbitration court of the BIA *Gergana Varbanova
Abstract
The present research aims to analyze the legal relations that arise in the process of tokenization of real assets and their creation as a record certifying ownership in a blockchain network. The peculiarities of using non fungible tokens in the tokenization process and the legal issues raised by the tokenization process itself are discussed. The advantages and disadvantages of the technology at the current stage of the research are indicated and suggestions are given to overcome them.
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