Tokenization: the Next Logical Step in Bankruptcy Claims Trading

This story was originally published on HackerNoon at: https://hackernoon.com/tokenization-the-next-logical-step-in-bankruptcy-claims-trading. Transforming real-world assets into digital tokens on blockchains opens new possibilities, especially in the bankruptcy claims market. Check more stories related to programming at: https://hackernoon.com/c/programming. You can also check exclusive content about #tokenization, #bankruptcy, #claims, #blockchain-technology, #blockchain-application, #token, #web3, #finance, and more. This story was written by: @jamesking. Learn more about this writer by checking @jamesking's about page, and for more stories, please visit hackernoon.com. Bankruptcy claims are often hard to pay because of messy procedures. Many creditors have grown weary of the bankruptcy process. This has led to the development of an OTC aftermarket for bankruptcy claims.Tokenization is the ability to exchange one asset with another without affecting its value. This will revolutionize bankruptcy claims trading.