@alicaverjon
Agriculture, the bedrock of human civilization, faces unprecedented challenges in the 21st century. With climate change threatening traditional farming practices and the global population expected to reach 9.7 billion by 2050, driving a 51% increase in food demand, the development of new and innovative solutions to help improve the industry is imperative.
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The tokenization of agricultural trade has emerged as a promising solution to many of its most modern challenges. Many tokenization projects have focused on fractionalizing illiquid assets, also known as real-world assets (RWAs), enabling buyers and sellers to transfer ownership faster.
However, there is a common misunderstanding that tokenization is synonymous with fractionalization. Tokenization refers to the process of converting something of value into a digital token usable on a blockchain.
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