RWA Tokenization Infrastructure
Last updated
Last updated
Teneo provides infrastructure for the tokenization of DePIN and Web2 hardware by creating asset tokens linked to the data generated by these machines. By leveraging blockchain technology, Teneo ensures that the data and value generated by these machines are securely managed and fairly distributed, creating a robust ecosystem for machine data monetization. Here's how it works:
Asset tokens are created for each piece of hardware, representing its value and performance on the blockchain.
The operational data from these machines is continuously collected and securely linked to the blockchain, ensuring transparency and immutability.
Users can purchase these asset tokens, gaining partial ownership and the right to participate in the machine's rewards and revenues based on its performance.
This system democratizes access to machine-generated value, allowing a broader range of participants to benefit.
Smart contracts automatically manage and distribute rewards to token holders. The user's balance is maintained in real-time, and payouts can be claimed automatically through the platform’s claim function.
This eliminates the need for manual intervention, ensuring seamless and efficient reward distribution.