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Sunday, 01/27/2019 9:45:53 AM

Sunday, January 27, 2019 9:45:53 AM

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CRYPTOASSETS AND THE FUTURE – INDUSTRY WIDE OPINION ARTICLE | HUMANS OF BLOCKCHAIN

The first is to democratize access to assets. Think property – this is traditionally an asset that is only available to the rich. Yes, you might buy your own home and maybe an investment property but it takes a lot of money and risk. Consider the new opportunities now where companies are tokenizing property and allowing people to invest in pennies. An investment in a high rise office block in central London is beyond all but the richest, but if it was broken down into tokens then people of ordinary means would be able to invest.

I interviewed a young entrepreneur recently from the Bahamas. Did you realize there is millions of sunken treasure in the shifting sands? The government banned all recovery as people were stealing what is now their sovereign asset. The PO8 project is tokenizing the treasure, using the fundraising to invest in proper marine search and recovery equipment and teams. The result is that people can own a token of the treasure but the actual gems remain the property of the Bahamian government and can be displayed in local or international museums.

https://humansofbc.com/cryptoassets-and-the-future-industry-wide-opinion-article/
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