I just saw @100bviking's AMA on the Floki blog, and the RWA module of TokenFi is surprisingly going to launch ahead of schedule! I thought we would have to wait a bit longer, but it seems the team's progress has exceeded expectations and is ready.
The concept of putting Real World Assets (RWA) on the blockchain is so cool. In the future, physical assets like houses, cars, and artworks can all become digital tokens. Trading will become convenient and quick, and the liquidity and transparency of assets will also greatly improve. If this goes smoothly, it is likely to bring a huge impact to the industry.
There are many benefits to RWA on the blockchain; it can activate illiquid assets like real estate and allow more people to participate in investment. The characteristics of blockchain make transactions more transparent and reduce the risk of fraud. Smart contracts can also eliminate intermediaries, cutting costs and increasing efficiency. However, it also faces challenges such as differing regulatory policies, potential security risks in technology, difficulties in asset pricing, and privacy protection issues.
