OBOL: Tokenization with Blockchain | HCLTech

OBOL

OBOL: Blockchain tokenization framework

OBOL enables tokenization of assets as fungible and non-fungible tokens (NFTs) in a complete ‘no-code’ methodology using a graphical interface. It allows an enterprise to fractionalize its physical and digital assets to achieve liquidity and market reach. Organizations can create and issue digital coins for real-time trade settlement using blockchain.

The OBOL accelerates the tokenization go-to-market process for an asset using pre-built smart contracts. It promises better auditability for asset transactions and ownerships using blockchain. Also, it efficiently connects the digital asset ecosystem participants and enables real-time settlement of the asset transactions.

Highlights

SAP
Supports NFTs and FTs

Designed for fungible and non-fungible tokens.

Microsoft
No-code solution

Users can tokenize their assets without writing any piece of code.

Oracle
Easily customizable

Businesses can easily define digital asset attributes and customize those per their use case.

E-COMMERCE
Smart validation handling

Pick and choose contract validation from the list of pre-defined validation templates.

E-COMMERCE
Easy integration

Can be easily integrated with other applications.

Solution capabilities

Solutions

Define token template

  • Define template for creating tokens
  • Support for NFT, FT, and digital coins
  • Choose from pre-defined smart contracts validations at each stage of a token life cycle

Mint tokens and coins

  • Define unique identifiers and characteristics of tokens
  • Define issuing and governing personas
  • Optionally restrict the trade of tokens against specified digital coins only
  • Auto-execution of applicable smart contracts

Issue token

  • Asset token or digital coin issued to investor/owner
  • Auto-execution of applicable smart contracts
  • Optional notifications to token governing authorities

Trade token

  • Transfer of token(s) from seller to buyer
  • Real-time trade settlement against digital coins
  • Free of payment settlement supported
  • Auto-execution of applicable smart contracts
  • Optional notifications to token governing authorities

Redeem token

  • Transfer of tokens back to the issuer or suggested authority for redemption
  • Redemption of NFT/FT against digital coins on the platform is also supported
  • Auto-execution of applicable smart contracts
  • Optional notifications to token governing authorities

Governance

  • Token governance dashboard
  • Token ownership visibility
  • View token information and updates