Through Crypto? RWA Projects Redefine Ownership
Have you ever imagined buying a piece of real estate in Dubai or a piece of gold bullion using crypto?
This isn't a fantasy; it's a new reality currently being built through a technology known as Tokenization of Real-World Assets (RWAs) – "tokenization of real-world assets."
In this article, we explore this revolutionary phenomenon and discuss how blockchain projects are changing the way we own, trade, and invest.
👈 What is meant by "tokenization of real-world assets"?
Simply put, tokenization of real-world assets means converting tangible objects (such as real estate, gold, stocks, art, etc.) into digital tokens that are represented and traded on the blockchain.
Each token represents a portion of a real-world asset and can be easily bought or sold, just like buying a stock.