most things called tokenized are a receipt for something sitting somewhere else.
the docs seperate three words that usually get used interchangably. digitization is moving records from paper to digital, same intermediaries, same lifecycle. tokenization creates a token representing an underlying asset, and that asset stays where it was, so custody and reconcilation stay off chain too.
native issuance is the asset created on chain in the first place. no underlying thing to reconcile against.
i had to read the comparison table twice before the diference landed.
"a wrapper implies something wrapped. remove the wrapping and the original is still sitting in a registry somewhere"
reconciliation exists becuse two records of the same thing exist. one record, nothing to reconcile.
#dusk @Dusk $DUSK
the docs seperate three words that usually get used interchangably. digitization is moving records from paper to digital, same intermediaries, same lifecycle. tokenization creates a token representing an underlying asset, and that asset stays where it was, so custody and reconcilation stay off chain too.
native issuance is the asset created on chain in the first place. no underlying thing to reconcile against.
i had to read the comparison table twice before the diference landed.
"a wrapper implies something wrapped. remove the wrapping and the original is still sitting in a registry somewhere"
reconciliation exists becuse two records of the same thing exist. one record, nothing to reconcile.
#dusk @Dusk $DUSK