May 16, 2022
A Smart-Contract is an account on a blockchain that holds a balance and can process transactions on the network. These digital contracts are stored on a blockchain and executed when pre-programmed conditions are met.
Smart-Contracts allow for automatic and therefore faster execution of contractual clauses. They eliminate the need for manual form filling and increase trust, as they are transparent and auditable. The immutability mechanism specific to the blockchain also allows any risk of modification in the contract clauses to the benefit of one party. These digital contracts therefore make it possible to rethink the need to use intermediaries to manage transactions, and thus optimize the time and costs associated with them.
Decentralized finance (DeFi) represents a disruptive and unregulated alternative to traditional financial services. It is gaining popularity due to the trust, immutability and transparency features of blockchain technology and smart contracts. With transparency in nature contracts are functional 24/7, and allow for cost reduction. DeFi uses these mechanisms and cost reduction to lower the barriers of entry into financial services for people around the world.
Non-fungible tokens (NFTs) represent unique and indivisible content based on tokens and smart contracts. These NFTs facilitate access to the ownership rights of the underlying assets, and their uniqueness is publicly verifiable within the blockchain network.
Using tokenization, smart contracts allow access to fractional ownership of assets while lowering the barrier to entry for investments. Smart contracts can also be used in real estate to reshape real estate documentation and transaction processes.
Assets and contracts can be stored in Petale Cards to access smart-contracting features. The Petale network offers smart-contracting functionalities that are attached to the assets nested in the card. This digital and programmable contract allows a much cheaper and faster execution of notary procedures, but also a greater flexibility for asset management within the Petale ecosystem.
The global market outlook opens structural opportunities for Security Tokens as a rapidly growing field for institutional actors looking to get exposure to the tokenization of finance.Learn more
The previous crypto-asset bull market has driven the total capitalization of the crypto-asset market to over $3 trillion in November 2021, according to Bloomberg.Learn more
Petale believes in the tokenization of finance as being the key to powering economic stimulus in the real economy and building economic models that serve our societies.Learn more
Les perspectives du marché des crypto-actifs ouvrent des opportunités structurelles pour les security tokens, un domaine en pleine expansion pour les acteurs institutionnels qui cherchent à s'exposer à la tokenisation de la finance.En savoir plus
Le précédent marché haussier des crypto-actifs a propulsé la capitalisation totale du marché des crypto-actifs à plus de 3000 milliards de dollars en novembre 2021, selon Bloomberg.En savoir plus
Petale croit en la tokenisation de la finance comme étant la clé pour stimuler l'économie réelle et construire des modèles économiques qui servent nos sociétés.En savoir plus