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Tokenizing real-world assets: Start small, solve problems, drink milk

CoinGeek LogoCoinGeek1w ago

Tokenizing real-world assets: Start small, solve problems, drink milk - CoinGeek

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The post Tokenizing real-world assets: Start small, solve problems, drink milk appeared first on CoinGeek.

Grigg said he would even pay his electric bill by posting digital cash on an internal company noteboard; then somebody would buy that electricity bill, go pay it and take a fee.“So I was paying my electricity bill with my own cash—that I didn’t have.

Almirol cautioned that governments should start small and build confidence before cannonballing into the tokenization deep end.“Maybe start with a simple transaction layer like national ID, compliance, data privacy, cybersecurity.


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Article Details

Author / Journalist: Steven Stradbrooke

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-17 @ 05:00:02 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 1821 words

Reading Time: 11 minutes read

Sentences: 64 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 21277908

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About CoinGeek

CoinGeek Logo

Main Topics: Crypto

Official Website: coingeek.com

Update Frequency: 6 posts per day

Year Established: 2012

Headquarters: Canada

News Last Updated: 9 hours ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #82

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The story "Tokenizing real-world assets: Start small, solve problems, drink milk" was covered 1 weeks ago by CoinGeek, a news publisher based in Canada.

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