Real-world assets will eventually – inevitably – live on the blockchain, panelists at CoinDesk's Consensus2023 conference said Thursday. thesamreynolds reports
Just like how big corporations were initially uncomfortable with cloud computing, but it's now normalized for institutions as cautious as the Central Intelligence Agency, real-world assets will be eventually tokenized on private blockchains, then permissioned chains, and finally public chains, said Securitize's CEO Carlos Domingo on stage.
Christine Moy, head of Digital Assets at Apollo Global Management, added that tokenization"changes how value is transferred" and is only possible now because the technological gap has been closed. Rising rates have also added a sense of urgency in getting this technology ready for the mainstream, Krupetsky said, who explaining that we are at the point where the customer just has to say"yes please" to tokenization.
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