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The key word that has thus far been most strongly associated with blockchain technology is decentralization. And indeed, decentralization is the most novel and important feature of blockchains. However, there’s another blockchain buzzword that is going to become increasingly common in the next few years. That word is tokenization. What is tokenization and why is it important? As much as the cryptocurrency market has grown in recent years, it still pales in comparison to the markets of many other assets. Real estate, stocks, gold, carbon, and oil all have markets in the multiple trillions of dollars. Tokenization is the process…

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