BlackRock is ready for the big leap
The world of finance is on the brink of a major transformation, driven by a technology whose name is resonating more and more: tokenization. And when a giant like BlackRock, the largest asset manager in the world, is preparing for the "big leap", it is worth paying attention.
Larry Fink, its visionary CEO, does not hesitate to compare the potential impact of tokenization to the advent of the internet for information. It is a discreet but profound revolution that promises to redefine the way we hold, exchange, and perceive value.
What is tokenization?
But what is tokenization, really? It’s a simple concept, but with colossal implications. Imagine transforming the property rights of an asset, whether physical or digital, into a digital 'token' recorded on a blockchain.
These digital tokens represent a share of ownership in the underlying asset. Think of real estate, commodities, stocks, bonds, or even artworks: anything can potentially be 'tokenized'.
This process goes well beyond simple digitization. It involves creating an immutable and verifiable representation on a distributed ledger, the blockchain. This grants assets new properties, making them more flexible, accessible, and transparent. Tokenization is not the NFT craze of 2021; it is a structural evolution, a new plumbing for the global financial market.
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