Blockchain for Tokenized Real-World Assets: A Scalable Framework for Cross-Functional Collaboration in Web3 Product Development
Journal Title: Engineering and Technology Journal - Year 2025, Vol 10, Issue 05
Abstract
The integration of blockchain technology into the tokenization of real-world assets (RWAs) is revolutionizing how value is stored, transferred, and accessed globally. This paper proposes a scalable framework for cross-functional collaboration in Web3 product development focused on blockchain-based tokenized RWAs. Tokenization enables physical assets such as real estate, commodities, and intellectual property to be digitized into blockchain-based tokens, allowing for fractional ownership, increased liquidity, and enhanced accessibility. However, the successful development and deployment of such Web3 products require an interdisciplinary approach that combines technological innovation, legal compliance, financial modeling, and user experience design. Our framework addresses these needs by enabling seamless collaboration between developers, legal experts, financial analysts, and UX/UI designers throughout the product lifecycle. We present a modular architecture built on interoperable blockchain protocols such as Ethereum and Polkadot, integrating smart contracts, decentralized identifiers (DIDs), and oracles for real-time asset verification. The framework emphasizes agile product development practices and leverages decentralized autonomous organization (DAO) structures to facilitate decision-making and community governance. Furthermore, we explore how regulatory-compliant token standards, such as ERC-1400, can be incorporated to ensure adherence to jurisdiction-specific asset ownership and transfer laws. This study includes a case analysis of cross-functional product teams building tokenized real estate platforms and carbon credit marketplaces, demonstrating how scalable collaboration can accelerate time-to-market and improve transparency, trust, and user adoption. Our findings highlight that such a collaborative framework significantly reduces technical debt and improves legal and financial risk mitigation. The framework also enhances stakeholder alignment through integrated project management tools and on-chain documentation. By offering a structured, scalable, and adaptable approach, this framework positions Web3 product teams to unlock the full potential of tokenized RWAs in a decentralized economy. It serves as a critical guide for developers, entrepreneurs, regulators, and investors aiming to leverage blockchain technology in building trustworthy, scalable, and cross-functional Web3 applications.
Authors and Affiliations
Damodar Bihani , Bright Chibunna Ubamadu , Andrew Ifesinachi Daraojimba,
Keywords
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- EP ID EP765545
- DOI 10.47191/etj/v10i05.10
- Views 18
- Downloads 0
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