On-chain tokenised real-world assets now constitute a genuine market, valued between roughly $39 and $46 billion. Interestingly, tokenised real estate represents only about $226 million of this sum. Even though nearly every tokenisation presentation begins with real estate, it accounts for less than one percent of the space.
This shortfall is not a technical issue. Ultimately, a property token relies on three things: the legal wrapper anchoring it to the deed, the operator who manages the building, and honest reporting throughout the process. A blockchain cannot supply either of the first two and only serves to make the third checkable.
To those wondering why an identity layer requires eight chapters, this is the point where it becomes an absolute necessity rather than a simple convenience. Tomorrow, we are publishing chapter eight of The Matchain Map. Stepping away from how product writing is usually handled, this piece separates the system design and the actual build into two distinct lists, including the elements that have not yet been built.
#RWA #MatchID #Matchain
This shortfall is not a technical issue. Ultimately, a property token relies on three things: the legal wrapper anchoring it to the deed, the operator who manages the building, and honest reporting throughout the process. A blockchain cannot supply either of the first two and only serves to make the third checkable.
To those wondering why an identity layer requires eight chapters, this is the point where it becomes an absolute necessity rather than a simple convenience. Tomorrow, we are publishing chapter eight of The Matchain Map. Stepping away from how product writing is usually handled, this piece separates the system design and the actual build into two distinct lists, including the elements that have not yet been built.
#RWA #MatchID #Matchain
