There exists a plethora of tradable asset classes in the world, such as stocks, bonds, real estate and commodities amongst many others. Individuals buy and sell these assets for various financial and non-financial purposes.
As technology continues to develop, more asset classes have begun to emerge, such as copyrights, insurance policies and derivatives, all of which contain a tradeable value when certain conditions are met.
EdenChain is building a blockchain platform that can replace existing assets with blockchain-based tokens allowing their ownership to be registered; the necessary conditions can be specified through smart contracts according to the characteristics of the asset. Edenchain has recently raised $24mil USD in an ICO.