With the ARXUM® Tokenising module, you can create a digital representation of physical objects (e.g. products, batches or parts) or intangible assets (e.g. carbon footprints, machine hours, error counts, etc.). These are created exclusively by Smart Contracts and cannot be copied or duplicated uncontrolled. This results in block chain based certificates with the highest level of trust.
These digital tokens can be shared with partners in a supply chain without necessarily revealing their genesis. Digital tokens can be counted, assigned and transferred between accounts. Any business logic or rules for token access & transfer can be defined in the Smart Contract.
Since only Smart Contracts generate, modify or transfer digital tokens and these actions are only triggered by transactions, the highest level of trust in products, origin, environmental impact or business value is created.
Advantages of the ARXUM® Tokenizing Module
Synchronize stocks
For each generated product a token can be generated on a block chain. Transfer the tokens into visible accounts of your suppliers or customers to give them a limited visibility into relevant stocks. The Smart Contracts ensure that all inventories are always exactly right and your customers or suppliers can automatically retrieve goods according to availability and demand.