The leading blockchain-company of Ukraine Distributed Lab announced the release of a framework for developers of tokenization of assets. The new product is called TokenD and is aimed at reducing the cost, risk and timing of projects in the field of tokenization of assets. It is also intended to lower the threshold for entering the blockchain project market.

According to the company, TokenD is the main product and can be described as “Wordpress for asset tokenization”.

“We believe that in 20 years all accounting systems will use cryptography and blockchains, and strive to bring the onset of this future closer. This is a market of trillions of dollars, ”said Pavel Kravchenko, co-founder of Distributed Lab.

The target audience of the platform is companies creating their own solutions for STO , digital banks, steakblocks, crowdfunding, art marketplace and intellectual property, tokenization of real estate and many other assets for which the appearance of a secondary market makes sense.

“Since 2014, we have done more than 15 projects that somehow tokenized various assets. In 2017, an understanding came of what should be a universal product for developers who create complete ecosystems for digitized assets. Almost any tokenization project requires a private blockchain, a payment system, an internal exchange, wallets, user management, authority and role management modules, commission and limit settings, payment gateways for Fiat deposits and cryptocurrency, as well as a crowdfunding module, ”said Vladimir Distributed Lab Vladimir Dubinin.

CTO Distributed Lab Dmitry Gaidashenko added that with the release of TokenD, the development of corporate blockchain projects no longer requires the availability of blockchain developers or narrow security specialists, since all potentially problematic places are encapsulated into modules with a clear API.

TokenD is distributed through Distributed Lab partners using the standard for corporate software model – a monthly or lifetime license.

Distributed Lab has been on the market since 2014, focusing on corporate tokenization of assets projects. The company became the winner of tokenization hackathons organized by the Central Bank of Lithuania and Luxembourg funds. The company is also known as the organizer of the BIP and BlockchainUA conferences.

In June 2018, the billionaire founder and founder of Playtech, Teddy Sagi , with a combined wealth of $ 3.3 billion, ranked sixth in the list of the richest people in Israel, according to Forbes, invested in Distributed Lab. Earlier, the company was financed by the former managing director of the derivatives market of the Moscow Exchange and the former head of the supervisory board of the National Depository of Ukraine Roman Sulzhik .

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