It’s explained as this
NTEB:
Tokenization involves representing real-world assets—such as stocks, bonds, real estate, or even fiat currencies—on blockchain ledgers as digital tokens. This process enables fractional ownership, reduces intermediaries, and facilitates near-instantaneous transactions across borders. More
It’s feared it will become this
Tokenization means every asset — a house, a car, a bond, a business share — becomes a programmable digital token. It can be owned, transferred, or restricted by computer code. But tokens are useless without knowing who owns them. That’s where digital ID steps in.
BlackRock’s vision joins your verified identity directly to your financial access. The blockchain records not only what you own, but who you are.
It begins with “compliance.” Then it grows into “reputation.” Then, one day, it becomes permission — a system that allows or denies participation based on behavior. That, Christian, is the seed of a social credit system. Compliance, Reputation, Permission, you might want to write that down, it’ll come in handy one day. One day very soon. More
Welcome to ChiCom-USA
Thank God for old age. soon it’ll be someone else’s problem!
I’m fixin’ to go to VALHALLA to join my brother’s in arms!
If the goal is efficiency, ease of access, or even competitive pricing, this seems useless to me. Stocks, bonds, commodities, hard assets, and even currencies can all be traded electronically, with pennies separating the bid from the ask. All can be purchased zero fees, and by this time next year, the markets will be open 24 hours a day.
Now, if the goal is control, oversight and monitoring (for no good purpose for sure) then yes, this is the first step to a cashless society, the requirement of an identity number (government-controlled) to hold assets, and then the 666 tattooed on our foreheads.
OT, here’s a good rant by Megyn, given this morning, concerning the shit show we witnessed last night;
https://www.youtube.com/watch?v=YqwbcMWEpcE
Without Trump, Republicans are an empty suit.
In God we trust, all others pay cash.
One good EMP attack and we’re all penniless.
^ Sol will do that. Not a matter of if, but of when.
@ Rich Taylor
Here is another take on the CF last night with a little extra insite, my opion, from a very interesting lady.
https://www.youtube.com/watch?v=MUhSQrc5OPk
Andy, the simple truth is (in all cap’s):
THE REPUBLICAN PARTY WANTS TRUMP TO FAIL.
This will not change for the balance of his term.
Nor has it changed from the start.
Trump is LAME DUCK.
And not even Nostradamus can predict the outcome by 2028.
I would encourage any that are interested to search up Catherine Austin Fitts on Rumble about this topic. She explains it well in some of her interviews. Trump is not lifting a finger to stop this. When the lights go out we will be penniless…that will be the plan to gain compliance.
Stay strong in your Faith, it is the only way thru what is coming.
“You own 1/1,742,756,357,062,110th of 1(ONE) Hamburger”
“To claim your share, please insert $28 in bills below and ensure the corners are not folded when scanned, otherwise rejection will occur. Endlessly. Your Hamburger will be mailed to you in the mail in the next 2 business weeks which may be delayed by inclemement weather or ATC shortages or any number of other myriad of excuses legally permitted by the law. Failure to follow any, every and all instructions to the letter may result in complete loss of your Hambuger Share.
“Enjoy”
In order to turn this into a news story, the context of block chain entry cost must be explained. The block chain entry cost would add to the intermediary cost.