What is RWA?

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2 Jan 2024
16

is RWA is the new hyped subject of bull season? Who knows, but RWA will be spoken much more in the coming days, Real Words Assets. Tokenizing Real World Assets may be game changer for many sectors. Lets see how things roll out in coming days. Why do we need tokenizing real world assets? Blockchain makes it easy to trade and makes the trades faster, p2p thus removes intermediaries. We tokenize the real world assets, gold, silver, stocks etc, converting them to tokens to represent them in the blockchain world. In some way, it is like NFT's for real world items. By converting into tokens we can use them in trading, defi, p2p transactions, or crowd selling etc, an open world of possibilities. For some rwa's physical ownership must be taken into consideration, because of the naturality of the item may need it. New open world for possibilities, thats why it is called WEB3, thank you..

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