Tokenization is the process of turning some piece of data, asset, or a digital representation of a physical item into a token that can be transferred or stored on a blockchain network.
Tokenization allows you to use or track non‐blockchain‐based items on a blockchain, or within a blockchain‐based application.
For example, an NFT is the tokenized representation on a blockchain of the ownership of a non‐fungible item, such as a designer watch or digital artwork. The tokenized representation of ownership can be verified on the blockchain, sold on a blockchain‐based application, or used as collateral on a decentralized lending platform.
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Bison Trails is a blockchain infrastructure platform-as-a-service (PaaS) company based in New York City. We built a platform for anyone who wants to participate in 21 new chains effortlessly.
We also make it easy for anyone building Web 3.0 applications to connect to blockchain data from 32 protocols with Query & Transact (QT). Our goal is for the entire blockchain ecosystem to flourish by providing robust infrastructure for the pioneers of tomorrow.
In January, 2021, we announced Bison Trails joined Coinbase to accelerate our mission to provide easy-to-use blockchain infrastructure, now as a standalone product line. The Bison Trails platform will continue to support our customers. With Coinbase’s backing, we will enhance our infrastructure platform and make it even easier to participate in decentralized networks and build applications that connect to blockchain data.