Thursday, February 29, 2024
Thursday, February 08, 2024
RWA ShiFt Is Getting REALLY Real in 2024
RWA democratises investment opportunity, especially for the currently de banked and emerging markets. RWA tokenisation is already allowing a far more affordable and easily accessible entry for non traditional investors. RWA goes far further than simple fragmentisation of assets.
"The tokenization of RWAs presents a strong use case for blockchain technology. By bringing off-chain assets onto the blockchain, RWA tokenization allows for greater transparency, increased efficiency, and a new realm of possibilities regarding composability and potential use cases.”
“Full-Year 2023 & Themes for 2024”
report from Binance
"The tokenization of Real World Assets (RWA) presents a strong use case for (DLT/DAG/hashgraph/Hedera which is FAR superior to earlier) blockchain technology. Blockchain's (DLT/DAG/aBFT/deREC/hashgraph, which is NOT "blockchain" per se...) ability to provide transparent, immutable, and efficient record-keeping makes it ideal for tokenizing real-world assets such as real estate, art, or commodities. Tokenization is expected to influence virtually every category of assets worldwide. The total available market for real-world assets is estimated to be worth between $3.5 trillion and $10 trillion by 2030. Using RWAs in DeFi offers a way to increase the collateral value at the disposal of investors."
Hedera is an open-source, fast, proof-of-stake (PoS) blockchain network and governance platform that allows developers to build and deploy decentralized applications (dApps) in the popular Solidity programming language.
Hedera implements smart contract protocol within its network design, along with the hashgraph consensus algorithm, which makes the network apart in some ways. Besides that, Hedera has two other layers - Consensus, which is the unique Hashgraph model, and lastly the token service for minting and deploying new cryptocurrencies and non-fungible tokens (NFTs).
Hedera is known for being incredibly fast, secure and energy-efficient.
In fact, it leaves a negative carbon footprint.
The Hedera network cryptocurrency is HBAR, which runs on the independent platform. It is used in the PoS consensus mechanism by network validators who assist in validating transactions and introducing new blocks to the network, as well as in protecting it. HBAR is also used in the creation and operation of dApps created on Hedera. HBAR price is updated live on Binance.
