Why Public Blockchains Are Key for Tokenized Real World Assets
The Rise of Tokenized Real World Assets
In the rapidly advancing world of decentralized finance, tokenized RWAs are on the rise. Private blockchains, often criticized for their limitations, struggle with centralization and interoperability challenges. They hinder innovation and restrict access to real world assets, which is where public blockchains come into play.
The Advantages of Public Blockchains
Public blockchains excel in providing a decentralized platform that encourages fractional ownership and broad participation. This enables a more agile infrastructure for tokenized RWAs, unlike traditional private chains.
Key Players in the Space
- UBS Tokenize
- BlockRock BUIDL
- Franklin Templeton Tokenised MMF
These leaders recognize the need for public blockchain ecosystems to fully leverage the potential of tokenized RWAs.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.