Whereas one other crypto winter is in impact, on-chain asset tokenization is accelerating and set to hit $16T by 2030 (see full BCG report beneath).
The bulk can be monetary property (Insurance coverage insurance policies, Pensions, Different Investments), different tokenizable property (Infrastructure Initiatives, Automobile Fleets, Patents), Dwelling fairness, different equities and bonds.
The place will these tokenized property stay? Based mostly on a latest examine completed with ISSA, The ValueExchange, Accenture, VMware & Broadridge surveying 148 monetary providers organizations, most of those property can be tokenized on personal / permissioned chains. https://issanet.org/content material/uploads/2022/07/DLT-in-the-Actual-World_ISSA-survey-2022_VX-Key-Findings_.pdf
ISSA DLT in the actual world 2022
Nonetheless, Web3 Labs CEO Conor Svensson famous “At this level, the distinction between private and non-private networks can be much less pronounced, as there can be completely different networks optimized for various use circumstances. Any corporations engaged on enterprise initiatives ought to have this level of their sight, as this would be the level the place blockchain turns into the material that may underpin lots of our enterprise purposes, with out the entire considerations that it faces at present. This may require interoperability between these personal closed networks and different personal and even public networks. To be able to obtain this, universally accessible blockchain networks will have to be obtainable, which is the place a usually accessible settlement layer resembling Ethereum comes into play.” https://weblog.web3labs.com/enterprise-blockchain-redux
Full BCG report – https://web-assets.bcg.com/1e/a2/5b5f2b7e42dfad2cb3113a291222/on-chain-asset-tokenization.pdf