TAC's vision: Bring the next trillion dollars of assets onto the chain through education, advocacy and construction of real-world asset tokenization.
① Advocate for the adoption of public blockchain and asset tokenization
② Create a more open, fair and transparent system for investors
③ Solve the inefficiency problem of traditional finance and pave the way for the blockchain native financial system
Together we bring together organizations with a common vision for tokenized assets, allowing us to shape the future of finance, making it more efficient, transparent, and accessible.
Tokenized Asset Alliance TAC
The Tokenized Asset Alliance advocates for the adoption of public blockchains, asset tokenization, and institutional DeFi to dramatically change the way capital is formed, invested, and managed on-chain, paving the way for a more open, fair, and transparent system for investors.
The Tokenized Asset Alliance has three main goals:
Education: Create and disseminate educational content, host events, facilitate analysis, and share insights on asset tokenization to foster trust and understanding within the ecosystem.
Advocacy: Develop shared principles, best practices, and industry recommendations to promote a more compliant and sustainable environment for asset tokenization.
Adoption: Actively working to build on-chain infrastructure that meets the needs of investors, issuers, protocols, platforms, and users, driving widespread adoption of tokenized real-world assets.
The Tokenized Asset Alliance believes that public crypto rails offer superior efficiency, cost savings, and transparency compared to traditional systems. By promoting collaboration, education, and the development of on-chain infrastructure, the Alliance aims to address the inefficiencies, lack of transparency, and fragmentation inherent in the traditional financial system. The Alliance takes a collaborative approach to unite organizations with a shared vision to enable tokenized real-world assets and impactful use cases to realize the true value of cryptocurrency.
The Tokenized Assets Alliance consists of seven founding members. The Alliance welcomes opportunities to expand and grow as new builders, industry leaders, and influencers emerge. The Alliance invites all interested organizations to join its mission and contribute to the transformation of the financial landscape. Through collective efforts, a new era of efficiency, transparency, and accessibility in global finance will emerge.
Since the dawn of smart contract blockchains, entrepreneurs have sought to bring real-world assets (RWAs) on-chain. Until now, real estate, bonds, stocks, and other assets have been segregated in different jurisdictions, exchanges, and databases. Aggregating information in a single open ledger should reduce information asymmetry and transaction costs, or so the reasoning goes.
The earliest wave of RWAs started with real estate. Buildings are essential, tend to hold value over time, and are inherently productive (create value). But while tokenized platforms love real estate, real estate is not rewarding them. The problem remains: owners of “tokenized real estate” don’t really have rights to the underlying asset. In most jurisdictions, tokens are not considered bearer assets. So, when something goes wrong and a default occurs, how does a token owner foreclose on the bricks he or she should be entitled to?
When two different consensus environments collide, one on the blockchain and the other in the real world, uncertainty arises. In writing this primer, we strive to bring honesty and rigor to the emerging field of RWA. We spare no effort to expose the inconsistencies of the various DeFi narratives. We offer some radical but modest predictions for our industry. We hope that readers gain value from our work and spark meaningful discussions.
Real World Assets
RWA is the abbreviation of "Real World Assets". RWA refers to assets with real value, such as real estate, stocks, bonds, etc. By combining these real-world assets with blockchain technology, higher transparency, traceability and security can be achieved. Blockchain technology can be used to record and verify the ownership, transactions and value of these assets, thereby providing more trust and convenience for investors and market participants. The blockchain application of RWA can involve the digitization of assets, the smart contract of transactions, and the transparency of asset management.
After RWA became popular, various platforms or kols have released their own RWA rankings, which has become an important category in the encryption field. More and more institutions and project parties have paid attention to this field and started a series of explorations, such as government bonds, stocks, etc. Many DeFi leaders are beginning to try to combine with traditional fields to make blockchain more valuable. At present, many institutions and project parties are eyeing this piece of fat. It is expected that the market will have relatively large projects in the later stage, and there will be many opportunities for take-off. This is a trillion-dollar market.
Tokenized Asset Alliance TAC Key Events Chart
1/ RWA Directory Update #2! We just added our second batch of companies building in the real world asset space! The updated list is now live (via TAC)
Summarize:
Overall, the combination of RWA and blockchain can help improve the efficiency, liquidity and accessibility of real-world assets, bringing more opportunities and convenience to investors and market participants. However, in the process of promoting this combination, technical, legal and regulatory challenges still need to be addressed.
It allows real-world assets to be more transparent and operate at high speed while maintaining security, preventing insider trading, breaking geographical restrictions and achieving global circulation. It also brings new investment opportunities to the market, sets an example for the implementation of blockchain, and uses technology to ensure the asset security of more people.
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