How vast is the imagination space for RWA?
First of all, RWA does not refer to any specific asset that can be put on the chain, but rather to all assets in the real world that have formed a trading market and can potentially be traded, becoming part of the RWA track.
This means that, for example, stocks are a type of real-world asset. The A-share stock market has a market value of seven trillion RMB, with each share having a market value of approximately thirty-nine trillion RMB. Theoretically, a portion of these can be traded via blockchain; even if it's just 1%, it still represents a huge scale. Additionally, traditional financial products such as government bonds, bonds, futures, options, insurance, etc. can also potentially be traded.
In addition to these, non-financial physical assets, such as real estate, copyrights, artworks, commodities, etc., can also be considered for assetization.
RWA serves the following three functions.
1. Transactions will be more convenient.
2. The ownership of assets will be clearer.
3. The process will be clearer and more standardized.
However, there is a problem regarding the compliance of funds. Currently, with the tightening of anti-money laundering policies in various countries, the funding channels for RWA asset transactions may involve funds of unknown origin, which requires regulation to monitor and pair user funds. Currently, ONDO is my primary choice for doing this well.
In the future, more safe and reliable RWA projects will gradually rise to become a revolutionary exploration of blockchain technology and its integration with traditional finance. This is essentially the moment when blockchain takes the stage, truly showcasing its ability to transform the efficiency of the world.
I will continue to ambush strong cryptocurrencies in the RWA track. Those interested in this area can follow Ku Zong, as I will continue to layout in this track.
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