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Proof-of-Asset Protocol

The Proof-of-Asset (PoA) protocol was developed by BANKEX team to merge the traditional industry with the blockchain technology by tokenizing real-world assets. Proof-of-Asset means the token released as part of the protocol is insured with an asset

The Proof-of-Asset Protocol increases the liquidity of real world assets making their purchase and sale faster, more transparent and much more reliable for both asset owners and investors

How it works

The platform includes an asset tokenization engine that works in a sequence of smart contracts, tokenizing an asset with precision and transparency for all market participants. The BANKEX PoA protocol, which is the technical base for the BANKEX tokenization technology, envisions three groups of entities involved in the process: 1) the asset owner, 2) the asset purchaser, 3) the company that creates the tokenization technology