The author and co-founder translated Shanouba Bitcoin Trading Network. Many people in the cryptocurrency field have an epiphany story. When they really understood the potential of blockchain technology, for me, it was when a good friend of mine in the research institute was going to get married in Asia, but I wanted to give a gift. I could have used the traditional banking system, but doing so would involve foreign exchange fees, wire transfer fees and other issues. On the contrary, I did not choose this way. I will send the money directly to his Ethereum wallet almost instantly, and my friend can easily exchange it and use the local exchange to exchange the money. Then I imagine a not-too-distant future. When enough merchants provide the ability to pay for goods and services in cryptocurrency, users will no longer have to worry about complicated exchange steps and exchange rate calculation. At that moment, I saw the potential of blockchain technology in the financial revolution, not through bitcoin, a boring ape or something similar. The millionth bifurcation of Ponzi scheme is realized through a simple real-world asset, namely, the digital dollar runs on a more efficient blockchain track. Since then, I have regarded the tokenization driven by the blockchain as the future of finance. Real-world assets refer to the form of traditional financial assets such as money, private credit, art, real estate, stock bonds, etc., which are expressed or tokenized in the blockchain. Since the birth of cryptocurrency, tokenization has existed as a concept, but it has become a growing trend in. The main advantages of potential tokenization include improving access transparency, liquidity and extensive efficiency, thus completely changing the financial market. Many people can imagine such a future state and the world will make a qualitative leap from today's status quo. For this reason, well-known companies such as Boston Consulting Group BlackRock and Standard & Poor's estimate that trillions of dollars will be tokenized in the next few years. However, a series of obstacles still need to be overcome to realize this future. Therefore, although some initial progress has been made, these figures. It is still far from the traditional global financial market, so people engaged in the project are now talking about the adoption rate of decades, not months or years. It seems that the way to achieve meaningful adoption must be compromised to realize the promise of tokenization. The purpose of this paper is to outline various problems that hinder adoption and put forward a common-sense experimental method to overcome these obstacles and eventually trigger a wave of participation. Let's study the development status quo in depth first. Let's look back at the current situation. The development so far is uneven. The one-to-one token of stable currencies is usually US dollars, which represents one of the most powerful innovations in the field of encryption. The third and sixth largest digital assets by market value are stable currencies and the vast majority of the stable currency market whose value exceeds US$ 100 million, and the loan and savings opportunities that are being released can be said to be attributed to the great success of these key stable currencies. However, outside the stable currencies, this adoption is still the same. For newer US Treasury bonds, once the risk-free US government interest rate soars to be higher than the stable currency interest rate, a wave of tokenized US Treasury bonds products flood into the market, including participants and other traditional financial institutions, such as templeton and Zhishu. As of the time of writing, the total market value of monetized US Treasury bonds is slightly lower than that of US dollars, and tokenized US Treasury bonds allow holders to passively obtain benefits through popular stable currencies, in which the benefits are deliberately not passed on to the token holders' platform, allowing token holders to make use of their national debt positions. More income These products usually involve checking and incorporating into traditional legal agreements and structures, such as special purpose instruments, which only specific investors can participate in, so it is allowed to be the third largest private credit for providing investors with money market funds and short-term bond instruments after the early progress of token treasury bonds. Categories include various lending agreements, such as the differences with these platforms in target borrower institutions, retail and lender market segments, enterprises and emerging markets, as well as capital structure. The common theme of these platforms is to use smart contracts to create lending pool infrastructure and similar grading to more effectively spread risks and returns. Up to now, funds have been raised from users through blockchain, but active loans are only about $100 million, partly due to adverse selection and self-financing. Since 2000, the deleveraging of cryptocurrency economy has reached at least one million dollars of total locked-in value of US Treasury bonds. Other assets, including Boston Consulting Group, have supported tokenization in its report in 2000, and often take more liquid or abstruse assets such as real estate and art royalties funds as the target of tokenization. But the fact is that not much has happened in this field except for some one-off experiments. We don't expect this situation to change in the short term. Even if the blockchain technology provides liquidity for an asset, making it slightly less liquid, it can't eliminate its liquidity risk. No one will buy a divided apartment. Even if the blockchain provides a technical way to achieve this, this type of tokenization activity is still only a dream in 2008. Many problems facing greater adoption belong to the category of switching costs. Imagine that we can create one and reach the perfect substitute for the traditional financial system. Even so, it still needs great efforts to make the current financial system turn to this perfect alternative on a large scale, not to mention training front-line staff accustomed to the old system to adapt to our new perfect alternative. Now consider a reality that today's blockchain technology is far from perfect, because there is a greater risk switching cost, which will only amplify meaningful cost considerations and risks, including but not limited to lack of regulatory clarity, which is the biggest obstacle adopted. Although the blockchain such as Ethereum may have established technical standards, in order to achieve meaningful adoption by institutions, we need to see more consensus on complementary regulatory standards to provide enterprises with the clarity that they will not bear major legal responsibilities through experiments. The European regulation and the Swiss bill provide the beginning of the regulatory framework. In contrast, the United States has adopted a hostile stance, which unfortunately has greatly affected the ideas of institutions interested in innovation. In addition, if there is no clear legal standard, it is not clear how to recognize the ownership of tokens by various jurisdictions when problems inevitably arise. 比特币今日价格行情网_okx交易所app_永续合约_比特币怎么买卖交易_虚拟币交易所平台

注册有任何问题请添加 微信：MVIP619 拉你进入群

文章转载注明 网址：https://netpsp.com/?id=63240