And as we move, thank God that the universe is providing us the answer piece by piece, one at a time, every right things happen at the right moment.

Reading Notes:

Yes, there are no ready-to-go legal models built for corporates to attract or borrow funds from DeFi protocols on the market today.

But it’s possible to build one with minimal effort, as the benefits of DeFi borrowing easily cover the efforts of building such a system.

DeFi might be able to provide borrowing on perfect terms for corporate institutions, which is something that might make them consider entering the market.

Meanwhile, corporate institutions will be willing to provide several types of stable assets to be used as collateral for their loans.

However, there is a real need for real-world assets to be used as collateral in DeFi protocols to prevent more market falls in the future, fixing the over-collateralization issue along the way.

Opinion from the author:

Until new regimes for the offering of tokenized instruments are built (and there are no bright signs in this direction), I believe real-world assets tokenization in a form of an STO will still be limited to closed offerings with no attention from the global market.

Artem Tolkachev is the founder and CEO of Tokenomica. For over six years, Artem has been a key blockchain and tokenization opinion leader in the CIS region. Since 2011, he has been an intellectual property and information technology lawyer and entrepreneur. In 2016, Artem founded and headed Deloitte CIS Blockchain Lab. As part of that initiative, he led a range of innovative projects involving the implementation of enterprise blockchain solutions, tokenization of real-world assets, tax and legal structuring of security token offerings, development of cryptocurrency, and blockchain legislation.

https://cointelegraph.com/news/why-defi-plus-asset-tokenization-will-take-crypto-to-new-heights

Notes: Less regulatory uncertainty, a developed market infrastructure, and less risk surrounding security will bring the crypto market cap to $2T and above.

The post DeFi and Asset Tokenization appeared first on Blockchain Insider.

People were afraid of using their credit card when the internet first came out.

E-commerce giant Alibaba achieved a total transaction volume of 213.5 billion yuan (US$30.69 billion) in a single sales day during the Double Eleven Shopping Festival on November 11, 2018.

People are sceptical about cryptocurrencies now, as we are still in the floppy disk days of the blockchain technology.

Current state of the crypto market:

• Market cap: $211B
• 24 hours volume: $13B
• BTC dominance: 52.3%

Cryptocurrency market will surpass the $1 Trillion mark.

It’s just a matter of time. One day we will look back and remember how early we were.

2 years later, at 13th November 2020:

DeFi was one of the missing puzzles back then.

Many more pieces of puzzles to come, until the dust settles.

Similar to how the web progressed throughout the past 20 years, blockchain is the web, all over again.

From information sharing to value transfer.

Just like every business needs a digital presence today (going online), anything that can be tokenized will eventually be tokenized 10 to 20 years down the road.

What next? NFT (Non-fungible Token).

Build trust. Transfer value.

p/s: And $1T cryptocurrencies market cap will be just the beginning mark of another great journey in human history. #ToTheMoon

The post The $1 Trillion Market Cap appeared first on Blockchain Insider.

DeFi – Anything finance related that can be tokenized.

DeFi illustrates the power of smart contracts for financial services.

• The age of corporate data-sharing
• Tokenize invoices across supply chain
• Safely synchronize data
• Baseline as a Service
• Blockchain agnostic
• Ease of use
• Cost of ownership

Blockchain as a middleware to serve as a single source of truth.

Shifting gears: Driving enterprise DeFi adoption through tokenization

Enterprise DeFi use could see a rise in 2021, but only if tokenization standards catch on with the mainstream.

https://cointelegraph.com/news/shifting-gears-driving-enterprise-defi-adoption-through-tokenization

The post Shifting Gears, Defi appeared first on Blockchain Insider.