Tokenization platform

A system for facilitating trading of tokenized items, comprising:

• an interface configured to handle item identifiers of respective items, each respective item having a set of item attributes;
• a token generation system configured to:
• for each respective item:
• generate a respective digital token that has a set of digital attributes that correspond to the set of item attributes of the respective item, wherein the respective digital token is cryptographically secure;
• and
• generate a cryptographically secure, one-to-at-least-one link between the respective digital token and the respective item, such that the respective digital token provides a unique digital representation of the respective item;
• a ledger update system configured to write the respective digital tokens to a cryptographic ledger in accordance with a protocol, thereby facilitating transactions for the respective items using the corresponding digital tokens, wherein the ledger update system updates the cryptographic ledger to reflect respective owners of the respective digital tokens;
• a token trading system that facilitates a non-monetary exchange of a first item owned by a first user that is associated with a first digital token and a second item owned by a second user that is associated with a second digital token items between users, the first item being a real-world item and the first digital token being redeemable for a right to possess the first item;
• a transfer system configured to initiate a transfer of the second digital token to a first account of the first user and a second transfer of the first digital token to a second account of the second user on the cryptographic ledger in response to the token trading system facilitating the non-monetary exchange, wherein the first digital token indicates ownership of the first item and the second digital token indicates ownership of the second item;
• and
• a redemption system that facilitates redemption of digital tokens, the redemption system being configured to:
• receive a redemption request associated with the first digital token and an account identifier that indicates the second account of the second user, and
• initiate fulfillment of the first item to the second user in response to verifying that the first digital token is owned by the second user based on the account identifier and the cryptographic ledger.