Product Protocol is a tokenizations service, an in-house marketplace, a commodity exchange and investment attraction services for small and medium-sized business. It is a convenient service for businesses to tokenize assets, attract investments and gain new clients.
Cryptocurrencies offer so many benefits to enterprises in the traditional fiat world. Behind cryptocurrencies is the base technology - blockchain, which, once implemented into business processes, can positively influence performance of individual companies. Additionally, thanks to the rise of ICOs many companies and startups successfully raise funds for business development and development of new technologies, which are mainly blockchain related.
According to research, in the near future blockchain will be used mainly for tokenization of assets. Asset tokenization is the next logical step in the technological evolution of commerce. It is the quantum leap that will enable people to transcend the fiat currency centered view of economics into a new, paradigm-shifting, ledger-centered cryptoeconomics.
Product Protocol is committed to merge blockchain technology with the demands of any fiat business, especially with regards to attracting investments. Not every business is prepared to launch a large-scale ICO, issue tokens, maintain its demand and implement it into its own business processes. Product Protocol takes it upon itself to carry out all these tasks. This way, any product on the platform can be tokenized, given an attractive package and offered to an unlimited number of recipients on favorable terms, and all these without having to conduct an ICO.
Product Protocol believes that the world stands on the precipice of global tokenization, where traditional economic models will gradually evolve by virtue of advantages that the blockchain technology provides.
Tokenization of assets will create a more liquid world and drastically change the dynamics of global trade for the better. All economic assets exist on a spectrum of liquidity. Once an illiquid asset is tokenized on the blockchain, it instantly becomes easily tradable on the markets and shifts to the opposite endpoint of the spectrum, becoming as liquid as an asset can be.
Furthermore, tokenization of assets – with the help of smart contracts – will create a new asset class of smart assetswith embedded features like voting, distribution of dividends, and fast transfers of ownership. As a result, people from different corners of the world will be able to own fractions of the same physical asset or exchange different kinds of assets directly and instantly.
The most disruptive feature of asset tokenization is its potential to create new kinds of assets. People will be able to tokenize intangible assets like intellectual property, and artistic creations such as writing, music, paintings or videos.
Product Protocol is a real project that utilized all the advantages of new technologies for real world application not in a distant future, but here and now. It is a service for an unlimited number of professionals and crypto revolution enthusiasts, where the top priorities are usability and benefits for all parties, no matter their expertise, economic status and location.
In 2018, Product Protocol received positive feedback from industry professionals. They have made private presentations to investors and signed first letters of intent on cooperation with the several people from the business community. In the Q2 of 2019, Product Protocol plans to launch their tokenization service and the first version of the marketplace.
Product Protocol aims to launch all planned services, including Product Protocol Agreement (guaranteed sale of blockchain assets for the agreed upon price), before the middle of 2020 and also raise the number of their business partners to a 100.
For more information, please visit: www.pprotocol.io or send an email to pprotocol@gmail.com
Media Contact
Company Name: Product Protocol
Contact Person: Ann
Email:Send Email
Country: United States
Website: pprotocol.io
