"Everything can become a digital asset" results from Answer's "Digital Assets Trends" research

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BusinessWire 2023-03-24
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The digital asset market is growing rapidly and now, thanks to technology blockchain and a new generation of operators using tokenization platforms, it is possible to transform everything that can be digitally archived into a digital asset, with recognized value and established ownership.
This is what emerges from the new Reply Research “Digital Assets Trends,” based on the proprietary Reply SONAR platform. Through an analysis of sector studies, scientific articles, patents, documents, and B2B content published last year, combined with concrete experiences from Reply customers, the study examines key trends related to digital assets.

Tokenization
Tokenization is the first step in bringing real-world assets and financial instruments to the india rcs data blockchain , representing a prime opportunity for those with traditionally illiquid natures (e.g. high-value works of art, public infrastructure, private equity). The key benefits enabled by tokens are the creation of a peer-to-peer network without intermediaries that also acts as a decentralized network, end-to-end traceability with the ability to prove ownership at any time, and automated record keeping that makes it easier for everyone. The compliance aspect.

“Digital assets still account for less than 1% of the global financial system, but they have already grown rapidly and will confirm this trend in the coming years.” Filippo Rizzante, CTO of Reply, commented, “Today Reply is already supporting the requests of various financial institutions, as well as some important players in the healthcare, energy, fashion or public administration sectors, in the adoption of digital assets enabled by the increasing maturity of the regulatory framework and the intensive work of central banks on their digital currencies”.