We are at the very beginning of a global tokenization

in #crypto6 years ago

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Blocking can transform every aspect of finance and positively affect all sectors of the economy. This was stated by the general director of the payment startup Circle Jeremy Allair, writes CoinDaily.

"The unprecedented crypto-revolution is only the beginning of the process of general tokenization," the developer noted.

Circle's CEO listed the benefits of a tokenized global economy where stored in any form "public information becomes a cryptotoken," which has a market value and is traded on global digital asset exchanges.

Allair also said that "house, car, or service" can be tokenized using crypto assets, and any property can become the subject of financial relations.

As previously reported, the start-up Circle announced its intention to obtain a banking license at the federal level in the United States.

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The world is about to be tokenized? Starting with the $215T real estate industry. Brickblock.io is working on an interesting way to buy a piece of real estate with tokens.

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