Real World Assets (RWAs) are off-chain assets, which are tokenized and brought on-chain for use in DeFi. It's worth looking into real-world asset tokenization and its future 👇
blockchains are not a natural home for protocols dealing with them. Moreover, some aspects of RWA may necessitate privacy, such as ownership records. Token standards may also not always be suited to mirroring the payment logic of real-world assets. Custom-built L1s that cater to these needs and are only partly permissionless could be a solution.. Clearer guidelines are needed, together with better enforcement mechanisms to protect assets' values.
But the RWA narrative shows the increasing interconnectedness between crypto and the physical world and the potential for crypto to drive positive change. This article contains links to third-party websites or other content for information purposes only . The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site.
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