India, March 31 -- justify;">Tokenisation refers to converting ownership rights in a real-world asset, whether physical or financial, into digital tokens that are recorded on a blockchain. Each token represents a specific share of the underlying asset, supported by a legal ownership framework and governed by smart contracts that automate transactions, transfers, and payouts.

Put simply, instead of buying an entire apartment worth Rs.1.5 crore, an investor can own a fraction of it for as little as Rs.10,000. Similarly, rather than purchasing a full government bond, one can invest in smaller portions. Tokenisation doesn't alter the asset itself; it transforms access, enabling broader ownership, faster transactions, and potentially lower co...