Tokenization is the ground-breaking process of safeguarding sensitive data through tokens, akin to a hotel key card's transformation. Beyond data protection, it converts real-world assets into digital tokens, whereby redefining ownership. McKinsey's insights outline the nuanced tokenization process, emphasizing ‘atomic settlement’ advantages, so reshaping financial practices. The innovation digitizes assets from real estate to intangibles, revolutionizing transactions, cutting costs and challenging traditional currencies. Antony Abell of TPX Property Exchanges spotlights real estate's potential, unlocking trillions for real-time trading. In a digital era, tokenization emerges as a transformative force, reshaping how we perceive, trade and manage assets.
Full transparency… I had to like this article as I am quoted in it!
Real World Asset (RWA) tokenisation is gathering pace as a form of alternative ‘money’ in the accelerated deployments of the asset based economy. In full deployment it can (managed well) herald a return to highly distributed sound money and, in a historical analysis, a real potential for 20-200 years of economic stability and growth with a fairer and more durable distribution of wealth.
As historical analysis shows us the fiat / debt based economies are dying. Again. In long cycle macro economics this is not new nor unexpected. The speed with which societies and governments now adapt to the new realities will define the success and future prospects of them.
If we do not learn from the mistakes of the past then we, as a global society, are due to endlessly repeat them.
Antony Abell. CEO of the TPX Property Exchanges. London.
Great article! Thanks Jonny!
I especially like the clarity and conciseness in your article including the legal and accounting definitions of assets which can be tokenized.
Full transparency… I had to like this article as I am quoted in it!
Real World Asset (RWA) tokenisation is gathering pace as a form of alternative ‘money’ in the accelerated deployments of the asset based economy. In full deployment it can (managed well) herald a return to highly distributed sound money and, in a historical analysis, a real potential for 20-200 years of economic stability and growth with a fairer and more durable distribution of wealth.
As historical analysis shows us the fiat / debt based economies are dying. Again. In long cycle macro economics this is not new nor unexpected. The speed with which societies and governments now adapt to the new realities will define the success and future prospects of them.
If we do not learn from the mistakes of the past then we, as a global society, are due to endlessly repeat them.
Antony Abell. CEO of the TPX Property Exchanges. London.