Composable tokens for business
The growing number of real world asset (RWA) tokenization projects has heightened the need for a standard way to describe those assets. While individual projects provide guidelines for specific transactions, the descriptions may vary according to the underlying platform.
ISO provides a framework, but solutions using its hierarchical definitions may not be consistent across different RWA use cases. Schema.org offers a lightweight solution for standard definitions.
Smart Narrative® uses composable tokens to describe business objects and events in the context of Schema.org. As a proof of concept, the trademark has been tokenized to the Ethereum Sepolia testnet. A series of four tokens represents a sequence of creating and registering the company owner and the trademark. The metadata embedded as machine-readable JSON-LD on each token page provides a foundation for knowledge graphs and other analytics. This narrative series of tokens tells the story of the trademark. To support its eventual sale, the tokens can be burned and re-minted with new ownership metadata on the mainnet.