Benefits for society of asset tokenization
Asset-backed tokens (ABT) issued on the Smartlands Platform will provide benefits for society in general by fighting world hunger and poverty, decreasing ecological footprint of agricultural and real economy companies, boosting economic growth due to the following reasons.
- Elimination of deadweight losses that occur due to information asymmetry of investors and entrepreneurs.
- Ability to attract long-term investments for technological upgrades will likely lead to increased efficiency and consequent decrease in resources consumption (e.g. fossil fuels, chemicals, pesticides).
- Application of advanced agricultural technologies in developing countries (financed with ABT offerings) will help to fight world hunger.
- Attraction of investments by small and medium-sized real economy companies will increase employment levels and decrease poverty.