Economic Report on Tokenization and Finance
Everyone's panicking, but the biggest institution on earth just released their annual economic report two days ago, and you should probably feel otherwise.
For recommendations, one of them is to bring tokenization into the current two-tier system, and so that would involve
Implementing the corresponding banking model on a programmable platform
Basically, tokenized reserves on the one hand
We can increase efficiency, lower costs and reduce risk associated with cross-border wholesale payments
And that's good for the global economy. We can unlock trillions of dollars in kind of trapped capital
We have been arguing also last year for sort of what we call a unified ledger
Large-scale public-private collaboration is essential to unlock the potential of tokenization
Sort of a network of ledgers where these tokenized assets can talk to each other and can be programmed
Project Agara succeeded in aligning diverse institutions around a common settlement platform
Around a common settlement platform
This is all by design. They want you out. Everyone would look at us as absolute freaks
We make no sense, but the proof is in the pudding
The financial system is about to change. You will thank yourself in the next few years
End of transcript · 201 words