My Top 5 Favorite Applications of Tokenizing Real World Assets
▻https://hackernoon.com/my-top-5-favorite-applications-of-tokenizing-real-world-assets-ce256f5a9
San Francisco, CAAugust 1st, 2018I will keep this post short, but I’ve been following the trend toward securitizing real assets for a while and I have come up with my five favorite use cases as well as articles that elaborate on each use case.1. Gold (Royal Mint Bullion):The Blockchain-based coin, called Royal Mint Gold (RMG), is a digital representation of gold stored in The Royal Mint vault.The Royal Mint Bullion, the Royal Mint company that sells physical gold, is the first company to allow customers to hold gold-backed assets on Blockchain, Tom Coghill, RMG’s Commercial Lead, stated in an interview with Express.co.uk. Coghill also mentioned that one RMG coin is equal to one gram of gold, adding that “it’s real gold you’re holding when you’re holding our RMG.” — Cointelegraph2. Real Estate (...)
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