physical and digital assets can be represented as tokens of value on the shared distributed registries allowing the tokens to be directly traded among network participants in essence these core capabilities allow for the use of cryptocurrencies eg bitcoin ether as well as tokenised digital records eg property rights physical property rights in the context of the infrastructure lifecycle from financing and procurement through tendering and operations greater standardisation of contracts and documentation in the bidding and procurement stages of the infrastructure project life cycle is critical to reducing their cost and complexity as well as facilitating their comparability