DLA Piper and BCW Group are proud to sponsor the Enhancing Tokenization Challenge for this year’s Hedera 21 hackathon. As the world becomes increasingly digital, we believe in the importance of bringing together like-minded technical individuals with the forward-thinking required to pioneer the transition to digitizing & tokenizing real-world assets such as:
DLA Piper (Council Member of Hedera Hashgraph) and BCW Group (program partner of DLA Piper & Hedera Hashgraph) are on a mission to learn how HTS can be offered as a platform solution for the plethora of enterprise use cases we look to tokenize with TOKO - the tokenization engine, launched by DLA Piper. TOKO provides a platform to create new markets that leverage the innovative capabilities of distributed ledger technology.
Real-world assets are now being tokenized on distributed networks across countless industry use-cases. DLA Piper and BCW Group are looking for innovative teams that can digitize real-world assets by leveraging HTS and unlocking creative features that allow enterprise companies to tokenize their clients’ future businesses.
The Enhancing Tokenization Challenge is a complement to Google Cloud’s Financial Services Reimagined Challenge as it takes a deeper dive into the countless technical capabilities made available via HTS. In pushing the boundaries of what the financial services of tomorrow could look like, one potential use case is the tokenization of private equity to reach global markets/investors and achieve a rapid settlement.
It also complements The Chopra Foundation Social Good Challenge as a possible means of tokenization features for a social charity fund to ensure proper aid distribution to parties that need it.
Tokenisation is our endeavor to address the pain points of today’s traditional capital markets as technology can be leveraged to reduce friction points, create new products, and enhance freedom and transparency.
Expanding asset classes, cutting across industries, and use cases not only gives existing investors new and attractive options but also creates a whole new class of investor profiles. From enforcing legal structures and mitigating risks via smart contract automation, to democratizing traditional asset classes and enabling new markets, we are excited to explore the countless benefits and use cases of digital assets.
Come help us build the #HelloFuture!
Watch our challenge webinar here.
DLA Piper - DLA Piper is a global law firm with lawyers located in 40+ countries advising clients on all aspects of FinTech and the protection of technology-driven products. DLA is a Hedera Council Member.
BCW Group - BCW is a strategy consulting and technology firm specializing in 3 inter-connected disciplines: digital payments, digital assets & distributed ledger technology. BCW works alongside DLA Piper as the Program Manager of the TOKO program.
TOKO - TOKO is DLA Piper’s ambition to create more efficient market places and enable new business models. It is a unique tokenization engine & vital component in the digital asset ecosystem providing smart contract & digital asset creation functionality.