BNB Chain introduced a new Real-World Asset (RWA) Tokenization service that requires no coding knowledge or blockchain experience from users. 

BNB Chain Launches Universal RWA Service

The BNB Chain team introduced a comprehensive solution for tokenizing both tangible and intangible assets, specifically targeting small business owners, entrepreneurs, and individuals. The focus is on accessibility. It doesn’t require any specific tech knowledge or skills. 

Advantages of the BNB Chain service compared to other solutions in the market are:

  • time saving; 
  • reduced administrative costs; 
  • regulatory compliance. 

The new BNB Chain service streamlines asset tokenization with built-in tools, providing users with detailed step-by-step instructions for tokenization, from preparing assets for tokenization and creating a cryptocurrency address to releasing a token for public access. 

The announcement highlights that this new solution aligns with BNB Chain’s mission to “onboard the next billion users” to the Web3 product ecosystem. 

Tokenization is one of the key trends in the Web3 industry this year, as evidenced by the number of different initiatives being implemented in the space.

Author: Alex Golovakha