Government Bonds Tokenization Could Pave a Wide Way to Asset Tokenization in the Republic of Uzbekistan in General
Keywords:
Asset tokenization, Government Bonds, Distributed Ledger Technology, the Republic of Uzbekistan, Tashkent Stock ExchangeAbstract
With the advent of tokenization term, many organizations around the globe, have launched own tokenized assets, even nowadays Real-World Assets (RWAs) have been converted their ownership rights in the form of tokens on the Distributed Ledger Technology (DLT). And there is no exception for bond markets, several countries have deployed DLT to attract capital by means of G-bonds tokenization such as US Treasuries, Tokenized Green Bonds of the Hong Kong Special Administrative Region, and others. Consequently, the crux of this work is to develop asset tokenization in the region via tokenizing government bonds at the Tashkent Stock Exchange.
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