Today, in addition to the #SocialMining we do on @DAO Labs , I will talk about Real-World Assets ( RWA ) projects that we see on #Binance . I think the crypto community that has adopted $BTC will love this place over time. #blockchain  technology has now become capable of transforming asset management. One of the innovative areas of this is #RWA projects. When we try to explain RWA, we can say that it is the tokenization and management of real-world assets on the blockchain in its current form. In the rest of my article, I will try to explain what RWAs are, how they work, and why they will be among the most exciting projects in the future. First of all;

What is RWA?

If we need to define RWA, we can say that it is the tokenization of real world assets. These tokens will also be on the blockchain. So what can RWA assets be? I can almost hear you say. Real estate, works of art, stocks are a few examples. In addition to these, we can also count physical or financial assets in this category. The assets we are talking about here provide solutions to more than one issue thanks to tokens. Token ownership, their transfer and management processes can be carried out successfully. Thus, we can see that it is more transparent and secure.

How Do RWAs Work?

In RWA projects, real world assets are represented by a token. Thanks to the token in hand, we can own a certain part or all of that asset. Here, transactions are carried out automatically and securely thanks to smart contracts. All these transactions are processed securely and
transparently on distributed ledgers. Thus, fraud risks are reduced.

Advantages of RWAs

RWA projects offer us many advantages compared to the traditional asset management and financial systems that continue today. Since all transactions are recorded on the blockchain, it provides us with transparency. It reduces the risk of fraud thanks to distributed ledger technology. It allows the assets that are in front of us as tokens to be bought and sold more easily and quickly. The best advantage for us is that it allows us to invest in large assets with small amounts as small investors. As a result, the transactions made with smart contracts are automatic and the costs are low.

Future RWA Projects

I think RWA projects have great potential today. I believe that they will gain the trust of investors and be adopted by wider masses. With the advancement of technological developments and the support of institutional organizations, they can really provide a solution to a big issue. The idea of ​​being a partner in big projects with small investments excites me. RWA projects will progress and contribute to the formation of a more equitable economic system.