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Improving the old, enabling the new

BISness

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The Future of Tokenization

Tokenization is really well suited to resolve incentive and information problems in economics. The beauty of tokenization is that you can buy a virtue of the programmability of the operations. So this is not just e-commerce or just delivering goods for payment. There are some very thorny real world examples where precisely this idea of 'I would like to perform my actions, provided that you perform your end of the transaction' could make dramatic progress. This is where the unified ledger comes in because what you need is a settlement medium that knits together all the different elements of the financial system.

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