Modular, universal and
tamper-proof NFT
framework to create
decentralized trust.
Tokenization of Real World Assets, data and rights
With the digital transformation of the financial industry, the topic of tokenization has gained enormous importance in recent years. The German Federal Financial Supervisory Authority (BaFin) defines tokenization as “the digitalized representation of an (asset) value, including the rights and obligations contained in this value, as well as the transferability”.
A digital program, a so-called smart contract, is linked to the asset and maps the rights and obligations of the legal contract. These are digital represented by tokens, which are implemented on the blockchain. Based on token standards, vountain creates a blockchain-based database for RWA and equips them with unique and forgery-proof data. The result is a modular, universal NFT framework for the secure on-chain transaction of RWAs, such as historical and contemporary collectibles of all kinds. This distinguishes vountain significantly from existing tokenization approaches of its competitors.
Smart contracts
Together with experts, we analyze and validate the data of RWAs on a daily basis. We help owners, buyers, sellers and experts with the data collection of their RWAs, ensuring provenance, history and authenticity. In this way, vountain creates trust.
To fulfill all these requirements and more, and to connect the physical world with the digital world, our smart contracts combine the core elements and functionalities of existing markets and transfer them to the blockchain. Smart contracts offer a solution to this asymmetric dynamic. Expert opinions on all aspects of an asset are obtained and provide an additional layer of protection. All information is written into our smart contract, along with digital copies of the relevant physical documentation. Each individual point of information is supported by contracts confirming the validity of the claim.
digital passport by vountain
The perversion of assets into a purely speculative trading asset is not the true customer need when it comes to NFTs. Rather, customers are demanding to prove the capabilities of blockchain technology with real utility. Utility NFTs indeed play an essential role here as they have the potential to drive mass adoption and innovation of business models in the web3 space by creating new use cases for NFTs that go beyond digital art or collectibles. Utility NFTs can power decentralized applications, real-world assets, data security, transparency, authenticity, gaming, marketplaces and other services where ownership, identity and tradability play an important role.