This week's podcast from Crypto Confidence looks at digital tokenisation. This concept is sometimes poorly understood, but has the potential to radically transform the way we value assets across the world...

If you like, tokenisation is the disruption of money

So to appreciate this, we have to first understand exactly what money is.

Money can be understood in many ways, such as a store of wealth and value, and a way of accounting for things. Day to day though, money is our means of exchange – and this makes it very different from other forms of wealth such as property, or jewellery, or other kinds of assets like bullion or stocks. Listen to the podcast to hear more about this.

ICO stands for initial coin offering, and this is a way in which new cryptocurrency projects can raise funds to launch their business, by selling their own crypto tokens. It’s a bit similar to the way investors buy shares in a company through an initial public offering, but it’s got some important differences. Not least, the fact that ICO tokens can usually only be bought using bitcoin and ether (although some projects have found innovative ways to offer fiat currency payment gateways).

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And remember: nothing in this podcast or our related social media, nor anything else published by BlockSparks OU at any location, is intended as financial, investment or trading advice. Everything we share represents our personal opinions, for your information, education, and entertainment only. You should not make any decisions based on anything we share with you, not without undertaking independent due diligence and consultation with appropriate professional advisors.  CryptoConfidence is all about being smart and informed and making the right choices for YOU