What's The Point of Blockchain Beyond Just Cryptocurrencies?

[crypto1010]

The focus of the Blockchain technology has clearly been focused around cryptocurrencies and their use. Bitcoin is clearly dominating the blockchain space and it's certainly not surprising that people will focus on its value rather than the technology behind it.

There is much more to the blockchain technology than just tokens and coins, AVA Labs is one of the few platforms trying to use the full potential of blockchain. The main goals of AVA is the tokenization of assets and launching customized chains.

Asset tokenization has become increasingly popular and it's a way to issue blockchain tokens that represent a real and tradable asset similar to the traditional process of securitization. This provides a number of benefits that expedite the process of buying and selling securities. Tokenizing an asset or backing the value of a token with a real-world asset opens up the potential investor base of that token to a wider market.

Additionally, anyone can launch a chain with AVA and can pick between using an existing network or create a brand new one. Users will have a wide variety of options to customize their chain.

[Alcor]

Blockchain technology is very highly appreciated by almost all states and such a general interest of states has little to do with cryptocurrency. States are primarily interested in this technology because for the first time it allows with a high degree of security online to store and use large databases of various information. In our world, when most of the information is connected to the Internet, very great opportunities and prospects open up here. Since the main function of states as a whole is in the public management of society, with the help of blockchain technology, such management makes it possible to increase efficiency by tens and hundreds of times.

[masterrex]

The Blockchain technology can be used in different application and not just confine only for cryptocurrency used, It's a breakthrough and one of the important inventions in our time, it can be used in the most existing industries and services in the government like healthcare, electoral purposes, etc. because blockchain is promoting transparency thats why it can be used to safeguard our votes during an election.

[Fenix]

Blockchain technology is actually a product of the Internet. This technology will be applied where the Internet exists and is based on the Internet. It allows you to safely and transparently work with any information and at the same time with unlimited access to it of other persons without the possibility of editing this information. And these are great opportunities, given that for the first time the Internet provides a chance to combine and use information on a global scale.

[MasonRobert]

Led by engineers and talented people, Blockchain focuses on designing, building, testing, and delivering products that delight users.

[CharlieKyle]

I just joined so I just know that Blockchain is a ledger operating in the technology field, and the data stored is digital data and it is compared to a main ledger (ledger). of a company. where all corporate money activities are closely monitored.

[Astra]

Blockchain is a technology that allows in continuous access mode to safely store and use any information on the global Internet. Cryptocurrency is one of the possible uses for such information.

[Jamie07]

I read articles that banks are exploring the possibility of using Blockchain on their system. It is already on the  development and they will study it thoroughly before fully introducing it.

[Tutte]

What is Tokenization of assets? Is it not creating tokens for the the assets! Are you not saying the same thing in your post,

  There is much more to the blockchain technology than just tokens and coins,   

To me this is the same thing, Tokenization of Assets or Creating tokens and coins, still mean a token or coin is created, backed by the assets is not the point because many projects will claim a token/coin is backed by assets but they are rarely use for that purpose.