Real-world asset tokenization refers to the process of converting rights to an asset into a digital token on a blockchain. These assets can be anything from real estate and art to commodities and intellectual property. Essentially, tokenization splits the ownership of these assets into digital tokens, which can then be bought, sold, or traded more efficiently and securely on a blockchain network. This innovative approach leverages the transparency, security, and immutability of blockchain technology to enhance liquidity, accessibility, and the speed of transactions for real-world assets.