ASSET DIGITIZATION & DATA ASSETIZATION. Digitize real assets on the IDA platform, join a thriving business ecosystem
IDA is offering public networks a total digitization solution connecting the real and digital economy through the integration of blockchain, IoT, big data, and AI. The IDA Ecosystem offers an effective channel for digitizing assets and equity data, substantially reducing different industry transaction costs, while providing a very reliable credit system. This creates a new economic model to support small growth and medium enterprises in various different industries
IDA Chain is the newest asset digitization platform built using Matrix AI Network’s underlying technology. IDA aims to build a platform that allows the digitization of the real economy, hence allowing for the connectivity and circulation of digital assets, an ecosystem that allows the exchange of all qualified real assets.
Asset Tokenisation on IDA Chain
IDA represents assets on their blockchain by a unique, unambiguous digital identifier — a ‘token’ — which can easily be made into a transferable smart asset. This allow IDA to offer much more possibilities other than just asset record keeping.
On IDA it is possible for tokens to represent anything that has been, and could be, considered a resource or asset. IDA Chain will be designed to handle traditional, physical assets, especially high value illiquid physical assets like real estate, precious stones, natural resources etc.
This provides great advantages, once an asset is tokenized on IDA Chain, it has an immutable digital record, one that can include where it came from and every single time it has changed hands. Having such an unbroken chain of origination and custody makes these assets easy to account for and validate. It is also possible to add metadata to it. This can be descriptions, images, video, insurance policies, almost anything of relevance. This makes the system not only transactional but also a highly secure and informative network.
IOT technology will also be used to develop data tracking capabilities, partnering with Matrix AI Network, they will design resource management capabilities for the most extreme environmental conditions. Matrix will also be creating a digital supplier ecosystem. The ecosystem will support a network of value-added manufacturing services.
IDA Tokens
IDA tokens will be used as units of exchange between members of the IDA ecosystem. The goal of introducing an IDA token is to provide a safe and convenient way of payment and settlement between participants who interact in an ecosystem in the IDA ecosystem.
While MRT is a digital representation of real assets and equity shares in the IDA ecosystem. However, in order to truly allow the distribution of assets on digital platforms, it is necessary to create standard formats for transactions in the media. Token IDA solves circulation problems for the MRT, which represent different asset categories.
The first project in the IDA ecosystem
To accelerate the time to market launch and lay the foundations for the platform, IDA is working with Derun (Laos) Investment Trade Limited Corporation to digitise their timber resources. The Derun Laos Company (abbreviation for this White Paper) will issue an MRT for its natural resources and sell these MRT to the global market in exchange for IDA Token.
IDA is developing a technology platform based on blockchain, AI, and IoT for operational value creation, improved transparency and tracking in timber management. This custom technology platform provides unique optimization for the conditions in remote forests. A comprehensive survey of flora biodiversity conducted by the Institute of Forestry Science Research at the National University of Laos found abundant natural herbs, which can be used for the global traditional Chinese medicine market. In addition to the timber resources, IDA would cooperate with other suppliers to utilize the medicinal resources.
IDA asset digitization solution
To remove the distrust of different tokens in the market and ensure fairness, authorization and transparency, IDA has created a compatible format to support exchanges in the ecosystem. The IDA Token is the only standardized platform-wide token and serves to incentivize the healthy development of the ecosystem. As the volume of assets and variety of MRTs in circulation grows, there would be a continuous increase in its value.
Conclusion:
IDA platform is definitely a very promising project with a unique idea. IDA solves the main problems of many companies related to the digitization of financial assets. Large companies with big money will enter the digital market. This will have a positive impact on the entire market. I am sure that such an experienced team of highly qualified specialists will be able to carry out all the tasks.
More Information:
Website: http://www.ida.im//
ANN: https://bitcointalk.org/index.php?topic=5050141.msg46877587#msg46877587
White Paper: http://www.ida.im/static/files/en_whitepaper.pdf
Facebook: https://www.facebook.com/idachain/
Twitter: https://twitter.com/IDAchain2018?lang=en
Telegram: https://t.me/IDA_official
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