Traditional assets like real estate and gold have long been popular investment choices.
29 Sep 2023, 20:03
Traditional assets like real estate and gold have long been popular investment choices. However, they come with their own set of challenges:
š© Illiquidity
š© High transaction costs
š© Intermediaries
Real-world assets (#RWAs), when tokenized on a blockchain, can address many of these issues.
Tokenization allows:
Fractional ownership, which can increase liquidity.
It also enables 24/7 trading and reduces the need for intermediaries, thereby lowering transaction costs.
While several blockchains support tokenization, #TRON stands out due to its high transaction speed and low fees. This makes it a preferred choice for projects aiming to tokenize real-world assets.
The convergence of #blockchain and real-world assets will redefine finance, making transactions more secure, transparent, and efficient.
Read more from @CoinMarketCap :