DeFi

Empower

Dubai, UAE, November 6th, 2024, Chainwire
<a href="https://www.bnbchain.world/" rel="noopener noreferrer nofollow" target="_blank">BNB Chain</a>, the community-driven blockchain ecosystem that includes the <a href="https://www.footprint.network/research/chain/featured-dashboards/chain-comparison?series_date=past180days~&amp;chains=Ethereum&amp;chains=BNB%20Chain&amp;chains=TON&amp;chains=Tron&amp;chains=Base&amp;chains=Solana&amp;chains=Blast&amp;chains=Arbitrum&amp;chains=Optimism&amp;chains=Avalanche" rel="noopener noreferrer nofollow" target="_blank">world’s largest smart contract blockchain by daily transactions</a>, has announced the launch of its <a href="https://www.bnbchain.org/en/solutions/tokenization/rwa-tokenization" rel="noopener noreferrer nofollow" target="_blank">tokenization solution</a>. This solution is designed to empower individuals and businesses interested in Web3 to easily tokenize their assets using a simple one-stop service, aligning with BNB Chain’s mission of onboarding the next billion users into Web3.
With BNB Chain’s one-stop tokenization solution, users can efficiently fragment and tokenize their assets, bolstered by robust compliance tools that ensure security and trustworthiness.&nbsp;
The initial solution includes two key components: <a href="https://www.bnbchain.org/en/solutions/tokenization/rwa-tokenization" rel="noopener noreferrer nofollow" target="_blank">Real-World Asset (RWA) tokenization</a> and <a href="https://www.bnbchain.org/en/solutions/tokenization/company-tokenization" rel="noopener noreferrer nofollow" target="_blank">company tokenization</a>. The RWA solution focuses on converting tangible assets—such as real estate, art, and commodities—into tradable tokens issued on BNB Chain, facilitating rapid and seamless transactions across the blockchain. Company tokenization enables businesses to issue their tokens directly in collaboration with various partners, adhering to different jurisdictional frameworks.
This one-stop tokenization solution is particularly beneficial for individuals and small business owners, helping them streamline operations, improve asset efficiency, and support their business growth and development, all while entering the Web3 ecosystem without the need for coding or blockchain knowledge.
Compared to other solutions with higher user thresholds, BNB Chain’s solution offers the most user-friendly experience on board Web3, featuring a clear and intuitive product interface and comprehensive end-to-end services provided through cooperation with industry leaders. With a strong user base of 4 million, a rich ecosystem of 4000 Dapps, and an active developer community, BNB Chain stands as a robust platform for advancing tokenization initiatives.
Currently, BNB Chain has successfully empowered companies in sectors such as carbon credit and natural hydrogen. Key partners in BNB Chain’s tokenization solution include<a href="https://www.bitbond.com/" rel="noopener noreferrer nofollow" target="_blank"> </a>BitBond, Brickken, Matrixdock, PinkSale, TokenFi, Tokeny, and InvestaX with plans to expand further.
In the future, BNB Chain will introduce more sections and tools into its tokenization solution,&nbsp;such as loyalty programs and mini-apps embedded in the social platform, to enable more individuals and companies to join Web3 seamlessly.
<blockquote>
 Jimmy, Senior Solution Architect of BNB Chain, said: “Compared with other sectors in Web3, RWA is never an easy endeavor and requires more time and effort, but we believe it’s one of the right directions. We see it as a crucial pathway to empower small and medium-sized businesses and introduce an increasing number of new user scenarios into Web3. We look forward to BNB Chain’s tokenization solution creating an inclusive ecosystem that fosters innovation and accessibility, paving the way for broader adoption of Web3 technologies while fulfilling our mission of empowering the next billion users.”
</blockquote>
Users can find out more <a href="https://www.bnbchain.org/en/blog/unleashing-bnb-chains-one-stop-tokenization-solution" rel="noopener noreferrer nofollow" target="_blank">here.</a>
About BNB Chain
<a href="https://www.bnbchain.org/en" rel="noopener noreferrer nofollow" target="_blank">BNB Chain</a> is a community-driven blockchain ecosystem that is removing barriers to Web3 adoption. It is composed of:
<ul>
 <li><a href="https://www.bnbchain.org/en/bnb-smart-chain" rel="noopener noreferrer nofollow" target="_blank">BNB Smart Chain (BSC)</a>: A secure DeFi hub with the lowest gas fees of any EVM-compatible L1; serves as the ecosystem’s governance chain.&nbsp;</li>
 <li><a href="https://opbnb.bnbchain.org/en" rel="noopener noreferrer nofollow" target="_blank">opBNB</a>: A scalability L2 that delivers some of the lowest gas fees of any L2 and rapid processing speeds.</li>
 <li><a href="https://greenfield.bnbchain.org/en" rel="noopener noreferrer nofollow" target="_blank">BNB Greenfield</a>: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces.</li>
</ul>
Setting a high bar for security, the <a href="https://www.avengerdao.org/" rel="noopener noreferrer nofollow" target="_blank">AvengerDAO</a> community protects BNB Chain users while <a href="https://dappbay.bnbchain.org/red-alarm/dapp" rel="noopener noreferrer nofollow" target="_blank">Red Alarm</a> provides a real-time risk-scanner for Dapps. The ecosystem also offers a range of monetary and ecosystem rewards as part of its <a href="https://www.bnbchain.org/en/developers/developer-programs" rel="noopener noreferrer nofollow" target="_blank">Builder Support Program</a>.
For more, users can follow BNB Chain on <a href="https://twitter.com/BNBCHAIN" rel="noopener noreferrer nofollow" target="_blank">X</a> or start exploring via BNB’s <a href="https://dappbay.bnbchain.org/" rel="noopener noreferrer nofollow" target="_blank">Dapp library</a>.
<h5>Contact</h5>
BNB Chain press@bnbchain.org 
The post <a href="https://www.ethnews.com/bnb-chain-launches-tokenization-solution-to-empower-sbos-onboarding-web3/" rel="noopener noreferrer nofollow">BNB Chain Launches Tokenization Solution to Empower SBOs Onboarding Web3</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.

BNB Chain Launches Tokenization Solution to Empower SBOs Onboarding Web3

ETHNews

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