What Are the Technological Prerequisites for Tokenizing Real-World Assets?

The primary prerequisites are a secure, immutable blockchain platform and a robust smart contract system. The smart contract must be capable of representing the ownership rights of the physical asset digitally.

A reliable oracle system is also essential to feed real-time, verified data about the physical asset (e.g. its value or status) onto the blockchain. Finally, secure digital wallets are needed for token storage and transfer.