SP explores how tokenization is disrupting financial industry – ZAWYA

SP explores how tokenization is disrupting financial industry – ZAWYA

S&P explores how tokenization is disrupting financial industry | ZAWYA MENA Edition HomeBusinessFinancial ServicesArticleS&P explores how tokenization is disrupting financial industry Tokenization offers several benefits including the fractioning of assets    London commuter buying overground tickets. The COVID-19 pandemic has boosted investor interest in tokenization, according to S&P Global Ratings.In a recent report titled "The Future Of Banking: Building A Token Collection," the ratings agency explored the potential use cases for tokenization and its effects on the financial industry.Tokenization is the process of creating one or several digital representations of a physical or non-physical asset (including financial assets) and managing it on distributed ledgers, the report said.In a recent report titled "The Future Of Banking: Building A Token Collection," the ratings agency explored the potential use cases for tokenization and its effects on the financial industry.The COVID-19 pandemic has boosted investor interest in tokenization, according to STokenization is the process of creating one or several digital representations of a physical or non-physical asset (including financial assets) and managing it on distributed ledgers, the report said.As governments encouraged the public to stay at home to limit the spread of the virus, banks opted for digital channels, highlighting the benefits of digitalizing