The core idea of real-world asset tokenization is basically to create a virtual investment vehicle on the blockchain linked to tangible things like real estate, precious metals, art and collectibles. So instead of the deed to a house being a physical piece of paper, the ownership is put on-chain. This could be traded between two parties directly, or fractionalized and offered to many people to buy. The advantages of keeping the ownership of the real-world items on chain are many: It lowers costs by removing middlemen like lawyers, brokers, banks, etc. It allows fast, efficient 24/7 trading of items that traditionally only could be done during âworking hoursâ It lowers the barrier to entry and creates more liquidity Its transparent process increases trust and accountability for traders.
The Trillion Dollar Crypto Opportunity: Real World Asset Tokenization
Overview Real world asset (RWA) tokenization of physical assets brings them on-chain and can drive more value and innovation within both the crypto space and traditional financial systems. Doing so presents new opportunities for investment and innovation, sustainable and diversified sources of yield, and new ways to interact with physical assets. However, this approach also faces challenges such as regulatory uncertainty, legal enforceability, scalability, and trust issues that need to be addressed through further development and innovation.  Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
#RWA history as @BlackRockâs ICS US Treasury money market fund (MMF) is tokenized on @Hedera with @ArchaxEx and @OwneraIO, marking a major milestone in asset management by bringing the worldâs largest asset manager on-chain đŠ
1.Focus on Fundamentals: Underlying technology and utility.
2.Manage Volatility- Use stop loss.
3.Stay Informed:Lastest News and Developments in crypto space.
4.Diversify: Don't put all your eggs in one basket Spread accross different coins.
5.Beware of scams: The crypto world is rife with scams before investing in any project and never chase guaranteed returns.
#Note
*Do your research Before you invest in any asset. * Analysis Skills *Develop a trading plan This will help you avoid making impulsive decisions. *Specific Focus *Manage your risk carefully. *Don't chase losses. *Be patient
The CEO of JPMorgan Chase, Jamie Dimon, leading the world's largest bank, is bullish on utility-focused cryptocurrency and has emphasized its value in technologies such as the tokenization of real-world assets and data movement.
This support follows that of Larry Fink, the CEO of BlackRock, the largest investment firm worldwide, who recently endorsed tokenization, calling it 'the next step going forward' after the #BitcoinETF.
#TokenFi is strongly focused on becoming the leading tokenization platform, with one of its products being the TokenFi RWA Tokenization Module. The module will integrate Chainlink's technology to ensure a robust foundation.
Share your Binance Square content or profile on your social media during our activity period and the top 10 creators with the highest increase in the number of followers will receive 1 BNB each!Â
Do note that you will need at least 10 new followers to qualify for the reward.Â
Activity period: 8 Dec to 20 Dec 2023Â
Terms and Conditions:
1, This activity may not be available in your region. Only KYC-verified Binance users will be eligible to participate and qualify for rewards in this activity. 2. Winners will be notified via a push notification under Creator Center > Square Assistant. The BNB token voucher reward will be distributed within 21 working days after the activity ends. 3. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. 4. This campaign may not be available in your region. 5. Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this campaign, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.