6
Min Read

Tokenize Assets at Institutional Scale with the Kaleido Asset Platform

Ray Chen
Product Manager
April 27, 2023
Tokenize Assets at Institutional Scale with the Kaleido Asset Platform
Update
Since this post was written, Hyperledger FireFly has reached 1.0. Learn more here!

Asset tokenization presents opportunities for financial institutions to increase liquidity, drive transparency, optimize risk management, and operate with greater efficiency. But with this potential comes challenges. Financial institutions need a platform to issue and manage tokenized assets, and integrate with custody and back office systems while adhering to regulatory compliance requirements. They also need a platform that offers enterprise-grade security, as one hack can dissuade investors or lose digital assets.

The Kaleido Asset Platform offers robust tools and deployment options to help you quickly build cost efficient solutions while retaining flexibility you need to adjust business models to meet the market. With Kaleido, you can tokenize assets at scale and easily manage users, roles, platform access, policies, and custody.

In this post, we’ll look at how our Asset Platform makes tokenization radically simple for the enterprise, across any chain configuration—from one console.

Asset tokenization, simplified

The Digital Assets Platform makes it easy to issue and manage thousands of digital assets. It’s an institutional brain, of sorts, coordinating the creation, custody, and submission of asset-based transactions to the blockchain of your choice.  

To simplify asset tokenization, the platform includes:

  • Click-button templates for common token types, plus the ability to upload custom token smart contracts from any source, including GitHub, or discovering contracts already deployed on chain
  • Connections to any private or public chain where your assets need to be deployed
  • Fully configurable policy manager
  • Ease of integration into existing software via event streams and over 500 APIs
  • Customizable custody on a SOC 2 Type 2 and ISO 27001, 27017, and 27018 compliant infrastructure
  • The ability to track assets across multiple chains from a single console

Whether your goal is to tokenize real estate, commodities, securities, bonds, or even art and intellectual property, the Kaleido Asset Platform has you covered with a full stack of tools to streamline development.

Collaboratively develop and manage smart contracts as shared assets

You need a way to manage the full lifecycle of your smart contracts, from creation and initial deployment, through regular upgrades, and our platform makes it easier to handle smart contracts both pre- and post-deployment.

Our smart contract tooling generates APIs for every contract you deploy at the click of a button, making it easy for any developer to code against them.

GIF shows contract management and token templates in console
Unlike any smart contract management tool on the market, with Kaleido you can choose a template or build from scratch then deploy across multiple applications.

Automate governance, risk management, and compliance with a robust policy engine

End-to-end, our policy engine is the most robust on the market. You can set access controls on all aspects of the platform and then dynamically enforce these policies at the role level. This means when a member signs into the console, what wallets they can interact with, how they can transact, where they can go in the system—all these permissions are enforced automatically.

By defining your security access policies then automating the management of these rules, we help you power risk management and enforcement to ensure always-on oversight. It’s a familiar functionality in Web 2.0 applications that we’ve brought to web3.

We further simplify security and identity management with familiar tools like single sign-on, multi-factor authentication, and encryption of data-at-rest and in-transit.

Plug in any wallets you’d like to manage custody

Our pluggable custody solutions enable the dynamic creation of new wallets and the ability to support existing wallets. Manage custody on your terms with plug and play support for the full spectrum of wallet configurations, including:

  • HD Wallets: A secure and efficient way to manage assets, HD wallets use a single seed phrase to generate unique addresses for each transaction, which reduces the risk of fraud and simplifies the management of multiple wallets.
  • HSM-based Key Management: HSMs are a way to securely store and manage cryptographic keys for encryption and decryption, digital signing, and authentication. HSM-based key management offers higher security and regulatory compliance for managing sensitive data.
  • 3rd party custody providers: If your legal team has put a custody provider through the paces or if you already have assets in flight, we can support that too. Fireblocks, AWS Key Management, Azure Key Vault, and Hashicorp are all fully integrated into our platform.

Kaleido is built from the ground up to meet enterprise requirements with modern cloud scale architecture, always-up resiliency, elastic performance, and ISO 27k and SOC 2 Type 2 compliance—all backed by SLAs and 24x7 support. Couple this with the ability to plug in your AML/KYC integrations and you can build a dedicated, compliant asset management platform that’s ready to scale.

Flexible, high-quality chain configurations allow you to connect to any chain you need to tokenize assets—public or private

Kaleido is known for its Blockchain as a Service product, and our ability to help companies quickly spin up high-quality chains has been proven in enterprise use cases around the globe. These same trusted chain layers underpin the Kaleido Asset Platform—with some added flexibility.

On the asset platform, you can run whatever chain configuration you need, including:

  • Private chains
  • Consortia chains
  • App chains
  • Sidechains
  • Public chains

Chains can be built on your public or permissioned protocol of choice, including Ethereum, Polygon, Avalanche, Quorum, Hyperledger Fabric, Hyperledger Besu, and Corda.

GIF shows asset platform console and chain connectivity
Our user-friendly console brings digital assets, NFTs, smart contracts, chains, wallets, and storage together in one place.

All of this is made possible with an open-source middleware engine that orchestrates across chains and extensions

Hyperledger FireFly, the first open-source Supernode, is your gateway to web3. It allows the Kaleido Asset Platform to coordinate multiple applications across different chains—all from a single console. It’s also the coordination layer for many powerful enterprise integrations.

First class support for leading storage solutions

Our Asset Platform supports leading storage options, including IPFS, Amazon S3, and Azure Blob Storage. This flexibility is important for institutional asset managers that need to balance accessibility and security with operational and regulatory constraints.

Namespaces let you manage multiple applications from one place

Namespaces allow you to run multiple applications from one console. You can also use namespaces for data and compute isolation and version control, aligning projects with DevOps cycles as you push toward production.

Access to each namespace can be managed at the user, role or contract level. This click-button governance is the same functionality users have come to expect from our Blockchain as a Service product.

Future-proof, flexible tech stack

In the end, you want a provider that allows for a lot of flexibility and customization on a single platform. You want to choose a platform that plays well with others, as interoperability not only lets you bring legacy systems into the fold but also frees up your team to do the work that will drive the business forward. Our fully customizable, technology-agnostic platform gives you this ability.

On our platform, you can future-proof your builds by owning your experience, enabling your system with APIs, and adapting to market changes in token types or business models. This is digital asset management updated for a web3 world.

Screenshot of API Swagger in asset platform console
An API to every button, action, or event, making Kaleido the most connective web3 service on the market.

Accelerate your digital asset strategy—all from a console that’s intuitive and easy to use

Our Asset Platform includes many of the intuitive features that our users enjoy across our suite of products, including event streams, bountiful APIs, and messaging and document sharing solutions. We excel at helping financial institutions build custom, compliant experiences that fit their business—without sacrificing usability.

On the platform, you can build quickly and cost effectively, meet regulatory and business requirements, and enjoy the latest technologies, both public and private—all from one console.

Smart contracts, namespaces, wallets, NFTs, blockchains, and storage—are all a click away in the console.

If you’re ready to give the Kaleido Asset Platform a try, schedule a demo and one our solution architects will set you up with a console of your own.

Try the Asset Platform Today

Schedule a demo of our platform and radically simplify the tokenization of assets at scale.

Request a Demo

Try the Asset Platform Today

Schedule a demo of our platform and radically simplify the tokenization of assets at scale.

Request a Demo
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Interested in Blockchain?

Start learning blockchain and creating enterprise solutions today with a free Kaleido account!

Create Free Account

Try the Asset Platform Today

Schedule a demo of our platform and radically simplify the tokenization of assets at scale.

Request a Demo

Try the Asset Platform Today

Schedule a demo of our platform and radically simplify the tokenization of assets at scale.

Request a Demo

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