"Tokenization: A Catalyst for Change" - Powered by Hedera
The presentation discusses the importance and future potential of tokenization and the process of converting real-world assets into digital tokens.
Market Potential:
- McKinsey projects $2 trillion in tokenized assets, excluding cryptocurrencies and stablecoins, by 2030.
- Belief that this estimate is conservative, with actual potential being much higher.
Real-world Applications:
- Example of tokenizing real estate to enable fractional ownership and investment.
- Potential for intellectual property tokenization and revenue sharing from royalties.
Technological & Market Readiness:
- Current technologies are ready and capable of supporting tokenization.
- Increasing global regulatory support (examples: Singapore’s Project Guardian, Dubai’s VARA, Europe’s MiCA).
Challenges:
- Regulatory environments may lag behind technological advancements.
- Misconceptions associating tokenization exclusively with cryptocurrencies.
Tokenization is positioned as a transformative technology with the power to revolutionise asset management, liquidity, and market operations. The speaker highlights the readiness of both technology and regulatory frameworks to support this evolution, urging the audience to start integrating tokenization into their business models.
Speaker:
- Eric Piscini, Chief Executive Officer, Hashgraph