The European Blockchain Convention (EBC10), one of the most significant events in the blockchain industry, will take place in Barcelona from September 25 to 26, 2024. The event will bring together world leaders, investors, and regulators to discuss current issues related to tokenization, decentralized finance (DeFi), the institutional crypto industry, and Web3 integration.

Nexera Foundation will be the new name of AllianceBlock, the infrastructure platform for decentralized tokenized finance. Conversely, Nexera Finance will lead the way in the coming tokenization era and prioritize business-to-business use cases.

In order to meet the demands of institutions and companies, Nexera Finance aims to become a dominant force in compliant tokenized finance. In order to facilitate the compliance issuance, maintenance, and trading of digital, financial, and tokenized real-world assets for enterprises in every sector, it has developed an extensive suite of tools and services.

It is projected that the total global wealth is around $516 trillion, and by 2030, over 10% of this would have been tokenized. Nexera is in a good position to emerge as a major force and a valuable ally for companies wishing to enter this new era. Serving as a forward-thinking entry point into the financial industry, it combines a flexible approach with a single, standardized infrastructure for all asset classes to assist firms in scaling up and managing the ever-changing regulatory environment.

The Nexera Foundation will focus its efforts on expanding its larger ecosystem in the meantime. Its objectives are to increase the native NXRA token’s usefulness and increase participation in the Nexera DAO. Simultaneously, the Nexera Foundation is dedicated to fostering community development and propelling innovation within the digital asset domain. Building a more dynamic and inclusive financial future has been recognized as a crucial component of that objective.

Embracing The Tokenization Era

Tokenization is the way of the future in finance. A dynamic new method for representing real-world assets on-chain is tokenization. This is made possible by Nexera Finance’s compliance infrastructure, which should enhance company procedures and provide accessibility to financial markets for everybody. Because of Nexera’s transparent tokenization process, there won’t be any need for intermediaries, giving institutions and individual investors direct access to global liquidity pools and new investment possibilities. In addition, the technology will provide new avenues for agri-financing and enhance access to non-bankable and illiquid assets like real estate and high-end art, therefore transforming the way farmers interact with the market and assert their sovereignty. Tokenization will improve markets’ fairness, transparency, and connectivity while fostering inclusion for all parties involved.

After five years of unrelenting, ceaseless development, AllianceBlock has moved to Nexera Foundation, laying the groundwork for the tokenized financial era. In December 2022, NexeraID, a self-sovereign identity solution that manages financial fraud risk by setting adaptable business rules in a simplified all-in-one intelligence platform, was launched. The Nexera Foundation will concentrate on expanding this ecosystem of solutions for builders to use.

In addition to concentrating on developing the underlying technology for tokenization, AllianceBlock has established a number of alliances with significant figures in Web3 and conventional finance. AllianceBlock and ABO Digital, a digital investment business, announced in March 2023 that they will be collaborating to provide tokenized structured products for institutions, crypto projects, and institutions looking for alternate sources of funding. In order to provide Nuklai, their cooperative data-sharing network, with the most extensive investment and financing dataset available globally, AllianceBlock and Crunchbase teamed together that same month. In a striking illustration of the special advantages of tokenization, AllianceBlock pushed the envelope of innovation by collaborating with Artbanx to create the Arkefi platform, which introduces art-backed financing to Web3. This enables art collectors to get loans by pledging actual works of art as security.

With the support of a wide range of partners and developers, Nexera Finance is developing an adaptable framework of interoperable modules that will open the door to a tokenized financial future featuring complete regulatory compliance, blockchain interoperability, and dynamic liquidity that encompasses every market.

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The landscape of Real World Assets (RWAs) and their tokenization is rapidly evolving, promising significant shifts in both the cryptocurrency and traditional financial sectors. This article delves into the latest insights and developments in RWA tokenization, highlighting the immense potential it holds for the future of finance and technology.
The Trillion Dollar Opportunity
RWA tokenization is increasingly recognized as a significant growth area in both crypto and traditional finance (TradFi), with the potential to usher in a new era of substantive development in the cryptocurrency space. The total addressable market (TAM) for RWA tokenization could reach between $10 to $15 trillion by the end of the decade, driven by institutional investors and a shift towards digitalization and financialization of physical assets​ (CoinDesk, Outlier Ventures)​.
Technological Advancements

The ERC3643 standard, built on the ERC20 but with additional functions to meet regulatory requirements, exemplifies the technological progress in tokenization. This allows for a wide range of real-world assets to be tokenized and compliantly traded on the blockchain, enhancing security, data privacy, and automating compliance (coin bureau)​.
Institutional and Regulatory Milestones

The U.S. Securities and Exchange Commission's (SEC) approval of a spot Bitcoin ETF marks a major milestone, reflecting growing institutional interest in digital assets. This development, alongside statements from financial giants like BlackRock, underscores the anticipation of RWA tokenization as the next megatrend in capital markets​ (CryptoGlobe)​.
Diverse Asset Classes and Benefits

Tokenization spans various asset classes, including stocks, bonds, real estate, and artwork, offering benefits such as democratization of investment, fractional ownership, instant settlement, and automated compliance. These advantages promise to make high-value investments more accessible and markets more liquid and efficient​ (CryptoGlobe)​.
Growth Despite Challenges

Despite a decline in the value of total active private credit loans represented on-chain, the yield from private credit loans tokenized on-chain remains attractive. The sector demonstrates potential for substantial growth and innovation, including real estate and treasury bonds​ (Galaxy)​.
Broader Adoption and Challenges

While RWA tokenization is set for growth, it faces hurdles such as regulatory compliance and trust-building. Collaboration among blockchain companies, traditional financial institutions, and regulators is crucial for overcoming these challenges and fostering innovation​ (Kitco)​.

The trajectory of RWA tokenization suggests a future where blockchain technology not only revolutionizes how assets are traded but also significantly broadens access to investment opportunities. The continued collaboration between regulators, traditional financial institutions, and blockchain innovators will be key to navigating the challenges and unlocking the full potential of this promising field.

Disclaimer: This article is for informational purposes only and is not intended as financial advice. Please conduct your own research and consult with a financial advisor before making any investment decisions.

References
Banon, J. (2023, August 31). The Trillion Dollar Crypto Opportunity: Real World Asset (RWA) Tokenization. CoinDesk. Retrieved from Coindesk.Coin Bureau. (2021, July 9). Exploring The Rise of RWAs: The Next Big Thing? Retrieved from Coinbureau.Cryptoglobe. (2024). What Is Real-World Asset Tokenization? The Next Institutional Megatrend. Retrieved from Cryptoglobe.Galaxy. (2023). Overview of On-Chain RWAs and the Forces Propelling their Growth. Retrieved fromGalaxy.Kitco News. (2024). Real World Asset tokenization and the future of financial markets: Part 2. Retrieved from Kitco.Outlier Ventures. (2024). Real World Assets Base Camp Launch & our 2024 RWA Thesis. Retrieved from Outlierventures.Finextra. (2024). Real world asset tokenization: breakthrough in 2024. Retrieved from Finextra.
#RWACrypto #FinanceRevolution #MarketGrowth #Tokenization #RWATokenization

The South African Reserve Bank has released a digital payments roadmap toward the goals of its Vision 2025, published six years ago.

Adoption of digital payment technologies in the country has been “sluggish,” the report said. It looked at ways to catch up to the vision, including plans for cryptocurrency and central bank digital currency (CBDC).

South Africa’s financial services sector, especially banking, is well-developed. Despite advances in digital payment technology, South Africans with lower and middle living standards remain disproportionately dependent on cash, the report found. User costs, low financial literacy, limited accessibility and lack of trust hinder progress, however.

The roadmap looked at high-level plans to increase accessibility of financial technology, modernize payment infrastructure and remove barriers to use. The scope of the plans is strictly domestic.

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In South Africa, crypto assets are not legal tender, but are not banned. Local online and brick-and-mortar retailer Pick n Pay accepts payment in Bitcoin at over 1,600 locations, for example. The SARB is looking to international best practices for regulation and open to greater use of distributed ledger technology:

“In the interim [before regulations are in place], the SARB is open to allowing eligible stablecoins used for domestic payments to be tested in the regulatory sandbox.”

The SARB said the sandbox would have a two-year timeline. Cryptocurrency is being integrated into the South African financial system through the licensing of exchanges as well.

CBDC will get similar treatment. The SARB launched a study of retail CBDC in 2021. CBDC has the potential for greater cost effectiveness and real-time online and offline peer-to-peer digital payments. The roadmap suggested continuing exploration of both retail and wholesale CBDC for two years.

Source: SA Reserve Bank

Tokenization faces regulatory barriers in South Africa. The SARB noted the benefits of tokenization, especially its enhanced security. However:

“Existing regulations may not be specific or enabling for tokenised use cases, which may result in unregulated or the underregulation of payment activities that introduce risks in the payment ecosystem.”

Meanwhile, the SARB is monitoring the growth of the technology, it said.

Magazine: South Africa’s digital-nomad crypto hub: Cape Town, Crypto City Guide

Helldivers 2, the latest installment from developer Arrowhead, has garnered significant attention since its recent release on PC and PlayStation 5. Notably, the game’s approach to monetization has been praised for its player-friendly stance, contrasting with the aggressive microtransaction models seen in other titles.

Developer’s commitment to player choice

In a recent statement, Arrowhead’s CEO, Johan Pilestedt, emphasizes the team’s commitment to player autonomy. Pilestedt asserts that the team will never compel players to purchase microtransactions, emphasizing that such purchases are optional and serve as a means for players to support the game. 

This stance aligns with Arrowhead’s belief that the right to monetize must be earned rather than imposed upon players.

Helldivers 2 offers microtransactions in the form of a premium battle pass, which has sparked some debate among players. While the battle pass is available for purchase, it’s notable that the content it unlocks can also be obtained through in-game currency earned by playing. 

This balanced approach ensures fairness and prevents a divide between paying and non-paying players.

Player reception and community sentiment

Despite initial concerns, Helldivers 2 has received predominantly positive reviews on platforms like Steam and Metacritic, reflecting a strong sense of goodwill within the player community. 

However, some players have reservations about the battle pass system and its potential impact on gameplay balance. Arrowhead will need to navigate these concerns to ensure continued player satisfaction.

Comparison with other titles

Helldivers 2’s monetization strategy starkly contrasts other games, such as Foamstars, where microtransactions have faced criticism for their high prices and perceived lack of value. In Foamstars, cosmetic items command hefty price tags, leading to ridicule and skepticism from players. 

The divergent approaches between Helldivers 2 and Foamstars highlight the importance of player perception and the impact of monetization on overall player enjoyment.