Digital passport

In the process of tokenizing real-world objects, a so-called digital passport can be issued. It certifies the authenticity of the object and its ownership by a specific person, group of people, company, or wallet. These ownership certificates can be securely stored on the platform. Eontribe is fully responsible for storing this token in its warehouse.

By using this option, the user is additionally protected from theft in the real world. Criminals have no reason to steal an object that has been tokenized and saved on the platform. They understand that without a digital passport, they will not be able to confirm the authenticity of the object and its ownership.

The advantages of using the digital passport service offered by Eontribe are numerous and include the following:

Authentication: The digital passport certifies the authenticity of the real-world object and confirms the right of ownership, making it easier for the user to prove ownership of the item.

Increased security: By tokenizing real-world objects, Eontribe offers a secure storage solution that protects against theft and loss. Storing the digital passport on the platform reduces the likelihood of theft of the item by criminals, as they will not be able to confirm its authenticity and ownership.

Increased value: The tokenization process adds a new level of value to real-world objects, as it simplifies the verification of their authenticity, which can increase their perceived value on the market.

Improved liquidity: The digital passport allows the user to trade and exchange tokenized real-world items more easily, as they can be transferred and exchanged on the platform.

Increased convenience: The user can access their tokenized items from anywhere and at any time, without the need for physical transportation. This saves time and effort, and also reduces the risk of loss or damage during transportation.

For example, a collector of rare stamps can tokenize their collection using the digital passport service. This will allow them to securely store their collection, easily prove its authenticity, and potentially increase its value due to the additional level of verification provided by the platform. In addition, the collector will be able to trade and exchange their tokenized stamps more easily, making their participation in the market more convenient and accessible.