The post Tokenized’s James Belding: Everyone uses contracts, we make it much easier for them appeared on BitcoinEthereumNews.com.

“Contracting is a universal need,” says Tokenized CEO James Belding. Whether you’re an individual, small or large business, or other organization, you’ll need to do it at some stage—that is, organize your assets and actions as a collection of obligations. The best and easiest way to organize them is one where you can automate processes and make everything as efficient as possible. width=”562″ height=”315″ frameborder=”0″ allowfullscreen=”allowfullscreen”> Belding spoke with Brad Holland on the 5GOATs podcast about what Tokenized does and how he decided to create the company. 5GOATs is a marketing and communications strategy group specializing in consulting for Web3 businesses. Traditionally, contracts set out obligatory actions for people and define the assets involved. And when we think of digital tokenization, it’s mainly in terms of the assets. But Tokenized says any and every aspect of a contract can be defined as a token, including intangibles like roles and responsibilities. Tokenized “really takes the vision much further” than just contracts, Belding says. When you look at all the details, rights, duties, obligations, and people involved that sit within those contracts, there are a lot more opportunities for standardization and automation. Because of this, his company’s mission is to create a user-friendly application that anyone can use in their own situation. “When you really want to try and create the best possible user experience, you’ve really got to zoom out a little bit and leverage smart contracts, start to think about the whole contracting experience, which is what sets us apart in terms of our vision and conception.” Tokenized (as the name suggests) takes different aspects of a contract and defines them as digital tokens on the BSV blockchain to make the process easier, more reliable, and more accountable. The target market is the mainstream, which can include anyone. “You just said something I’ve never heard in any…

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Filed under: News - @ October 11, 2023 10:12 am