EOS
$2.84 2.03%
EOS · 12w

Beyond Bitcoin’s Price - Asset Tokenization and Access

While the volatility of the market has returned, many are quick to proclaim crypto’s demise. Having the opportunity to say “I told you so” is hard to resist. These voices have been active for years and will not quiet now. The recent hash war between Bitcoin Cash ABC and Bitcoin Cash SV further muddies the waters of clear crypto debate. Journalists will jump at any who declare the death of Bitcoin. The memes will be recycled.

But viewing utility of cryptocurrencies through price alone misses the fundamental revolution. Cryptocurrency and Blockchain have uses far beyond price.

Asset Tokenization has the potential to be just as transformative.

The Blockchain, Asset Tokenization and Investment

Asset Tokenization refers to the linking of a real-world, physical asset, with that of a digital asset in the form of a token on the blockchain. Stablecoins, in principle, are an already functioning example of this development. CENTRE’s USDC is pegged to the US dollar. Regardless of your opinion concerning pegging a cryptocurrency to a fiat currency, stablecoins are the first working iteration. As the volatility in crypto markets continue, contractors and employees who are paid in cryptocurrency will begin to hold whatever they earn in stablecoins to avoid volatility.

Both cryptocurrencies and the ability of Asset Tokenization grant a significant privilege: access. In the case of cryptocurrency, this access comes in the ability to transact. With Asset Tokenization, one can have the ability to invest.

Engaging in trade is necessary for the space to grow. People want to buy Starbucks coffee with crypto. After all, the full title to Satoshi Nakamoto’s White Paper is Bitcoin: A Peer-to-Peer Electronic Cash System.

But there are those who also want to safeguard and invest their wealth who do not have access to varied investment options. They might be intimidated by the complicated investment vehicles of traditional equity markets. Ass...

Continue on toshitimes.com
Recent news
EOS +2.03% · blog.hodlbot.io · 1h

The Ultimate Guide on Crypto Trading Bots

Simply put, a trading bot is a set of instructions that execute trades automatically without the need for human intervention. A trading bot has a few major components regardless of language & framewor...
17
EOS +2.03% · medium.com · 2h

Snax token distribution.

Snax is designed to be a blockchain-based social overlay which rewards content creators on popular social platforms with one block being produced every 0.5 seconds. Because of these principles, SNAX…
EOS +2.03% · medium.com · 18h

With all the excitement and potential that WORBLI has to offer our business development team is receiving an influx of creative and useful applications with vast amounts of potential. If you have a project in development or even just a concept you can find more information below.

An open-ledger platform ecosystem designed to facilitate fast, efficient, effective and compliant business solutions for enterprise level applications. With all the excitement and potential that…