Authenticating ownership and transfer of assets using tokens

A computer implemented method of authenticating ownership of an asset, comprising:

• reading, by a computing device, a digital token attached to the asset;
• determining, by a processor in the computing device, identifier information and holder information of the asset from the digital token;
• using an immutable ledger, retrieving from a database, a record of ownership of the asset;
• and
• verifying by the processor whether a holder of the asset, is an authenticated, current owner of the asset.

A computer program product for authenticating ownership of an asset, the computer program product comprising:

• one or more non-transitory computer readable storage media, and program instructions collectively stored on the one or more computer readable storage media, the program instructions comprising:
• reading, by a computing device, a digital token attached to the asset;
• determining, by a processor in the computing device, identifier information and holder information of the asset from the digital token;
• using an immutable ledger, retrieving from a database, a record of ownership of the asset;
• and
• verifying by the processor, whether a holder of the asset, is an authenticated, current owner of the asset.