Imagine turning real-world things like houses and cars into digital tokens! That's what's happening in the United Arab Emirates (UAE) with something called RWA tokenization. It's like giving real things a digital twin on a blockchain – a special internet record book. This makes it easier to buy and sell these assets.
- The UAE is becoming a big player in this.
- Real estate (houses and buildings) is leading the way.
- Companies are making deals to turn buildings into tokens.
- The UAE government is helping by making clear rules.
Fact | Number |
---|---|
Total value of tokenized assets | $17 billion (all-time high) |
Value of one deal to tokenize property | $1 billion |