In a digitally-driven world, blockchains are driving innovation. This decentralized technology empowers users with an immutable, transparent, and secure platform. It has also developed optimal solutions that address issues in a number of industries such as finance, medicine, education, and more. Cryptography is used extensively to encrypt transactions and these are stored symmetrically on a distributed peer-to-peer (P2P) network. This helps to create a trustless environment that eliminates the need for third-party intermediaries. There are many advantages associated with this distributed ledger technology, of which tokenization is a very important facet. Tokenization is known for its “Midas touch” effect, where it instantly transforms previously illiquid assets into marketable units.