LiveTrade freezes physical assets such as stocks, commodities, bonds, real estates, etc. on our system and issues digital shares to the clients in our blockchain. Our audit partners take responsibility for evaluating the assets. Clients receive digital shares in their LIVE Wallets and may then trade those for crypto.
Clients can receive the underlying shares at any time by sending a request to LiveTrade based on which LiveTrade will transfer the underlying shares to the clients’ accounts and burn the digital shares.
The total number of digital shares (tokens) is equal to the number of underlying shares. All LIVE Wallet funds are publicly audited, all digital asset offerings are written on the public blockchain.
FIGURE 1: ASSET DIGITALIZATION FLOWCHART