The programmability of blockchain-based platforms offered by smart contracts has allowed the creation of new solutions that have led to the advent of Web 3.0 and decentralized applications. These solutions have enabled the design and implementation of new security services, such as Self Sovereignty Identity, for the decentralization of digital identity management, and asset tokenization, which means digitizing tangible and intangible assets and converting them into tokens, which are then stored on the blockchain.
Once an asset is tokenized and stored on the blockchain, it becomes secure, immutable and easy to exchange, completely or partially. Blockchain-based asset tokenization certainly has many advantages; however, it is important to note that tokenization is not without challenges and risks, such as lack of security and regulations. These are aspects that are currently being investigated.