# What is a BRIC?

<figure><img src="https://2818030770-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FI2ErJ9OZATiMRpXAYodv%2Fuploads%2FMtE1XRwAOOfKkKrXG8WA%2FBRICS%20infographic.png?alt=media&#x26;token=90692f37-db71-44f1-bc64-95a34dd9fe2a" alt=""><figcaption></figcaption></figure>

### A BRIC is a digital token that represents a part or a fraction of the underlying real-world asset you invested in.

The concept is based on fractional investing, where the investor can purchase just a fraction or part of a tokenised asset rather than one whole.

Likwid Asset uses the Avalanche blockchain to issue digital asset tokens (BRIC) that represent ownership of real-life assets like property and solar projects. This blockchain-based token issuance enables fractional ownership, allowing both institutional and individual investors to own fractions of real-world assets all around the globe.