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RE: Cryptocurrency's Killer DApp: Tokenization Of Real World Assets

in LeoFinance2 years ago

I think real estate is the most obvious first step in tokenizing RWAs. Every step of the process can be automated largely, with smart contracts. Executing escrow, having inspectors sign off on progress, etc. I think precious metals are the next most-obvious one because there are already working examples of precious-metals-backed gold tokens like PAXG, although I don't know how secure their finances are with Paxos getting hit by regulators.