Liquidity is an important aspect of any investment, but it remains difficult to attain high volumes of liquidity for the vast portion of physical asset classes in the world. Liquid8 wants to change this by providing a secure means of creating a liquid market for physical assets.Liquid8 platform provides smart contracts for secure tokenization of physical assets and then provides the platform needed for the p2p exchange of the smart asset tokens that fractionize any asset.Read on to learn about this project’s strengths.
What is Liquid8?
Liquid8 is a blockchain-based peer-to-peer multi-functional platform that aims to revolutionize the digital economy, by bridging the gap between real-world assets and the emerging digital economy.Liquid8 will introduce a peer-to-peer digital services platform, where owners of real-world assets: traditional assets and alternative assets, are able to “tokenize” their asset, allowing the asset to be represented by digital tokens within the blockchain ecosystem.Tokenized assets can then be exchanged and loaned between platform users within Liquid8’s Multi-Asset Wallet, making obtaining financial services and managing tokenized assets and crypto assets simple and convinient.
The Liquid8 platform will revolve around the use of smart contracts. This ensures that assets transacted within the platform can be accurately accounted for, without the need of intermediaries.Liquid8 makes real world assets accessible and accessible to all, using the unique properties of Blockchain. liquid8 create a gateway to connect startups, consumers and financial service providers through a decentralized “peer-to-peer” ecosystem, and you can be part of the revolution.
Liquid8 platform ecoystsem and main fetaures
Liquid8 Exchange — The platform offers a marketplace where tokenized assets and crypto assets can be exchanged between platform users in a peer-topeer environment. The peer-to-peer nature of exchanges guarantees costeffectiveness and flexibility,when compared with transactions through traditional exchanges.
Lending facility— The platform offers a lending marketplace that directly matches borrowers to lenders. The peer-to-peer nature of Liquid8’s lending platform,underpinned by reputation rating based on AI and machine learning, will present borrowers with the chance to obtain the most advantageous rates,while at the same time providing lenders access to wide range of loan opportunities to diversify their portfolios.
Tokenization — The platform presents a tokenization protocol that allows ownership rights of real-world assets to be digitized, so that they can be traded digitally, creating a vast array of opportunities for peer-to-peer financial services.Traditional illiquid assets will gain better liquidity, while start-ups will have the opportunity to connect with potential funders without geographical restrictions.
Liquid8 will develop a tokenization protocol to simplify the process of digitizing real-world assets, with a combination of off-chain and on-chain proof-of-assets protocols, to ensure all assets submitted for tokenization or listing on Liquid8’s P2P marketplace are validated for their compliance, existence, ownership and value.
The off-chain protocol consists of two elements:
» Online Off-chain module — Data feeds extracted by oracle or IoT devices, and due diligence that can completed online via smart contract digital signatures.
» Offline Off-chain module — Data collected via relevant agencies/ institutions, and due diligence which can only be processed by signing of traditional paper-based agreements. The on-chain protocol involves the development of tokenization smart contracts and smart asset tokens: blockchain-based digital tokens that are pegged to real-world assets.
Liquid8 platform Advantages
- Efficient - Making use of Smart Contracts to eliminate intermediary costs and inefficient administration.
- Simple - We make the tokenization process user-friendly and accessible, for experienced and new users alike
- Security - Our robust cybersecurity measures including biometric IDs, bug-bounty program
- Transparent The tamper-evident architecture of blockchain is immutable and publicly available in real time.
- Compliant - Adhere to local and international ‘Know Your Customer’ & ‘Anti-Money Laundering’ regulations.
The physical asset market is far greater than digital assets. Tokenization has served a valuable purpose for tech products, and this has set the precedent for the value it can serve in the physical asset market. The vast portion of recent projects utilizing blockchain technology have been focused on building infrastructures and solutions for other digital markets. There’s an unfulfilled gap within the utilization of blockchain, and that’s within the physical asset markets.Liquid8 is taking the opportunity to apply the concept of tokenization beyond digital assets; the key benefit here is that it is targeting a market much greater than what is currently captivated via digital assets and technologies. Physical assets are valued in trillions of dollars; thus, a novel approach to building liquidity for them has massive potential.
conclusion Liquid8’s key strength is that it is approaching liquidity of physical assets through tokenization, a concept that has already shown great success for new technological developments. This strength should help the project thwart the challenges that come its way as it takes on the massive potential available in the effort to provide liquidity to physical assets.
For more details
Website: https://lq8.io/
Whitepaper: https://lq8.io/assets/docs/whitepaper_4.pdf
Telegram: http://t.me/lq8en
Author - Hirusha Perera
Congratulations @hirushaperera! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit