The OMFIF Podcast Tokenisation: an engine for convergence
Apr 24, 2025
Richard Brown, Chief Technology and Product Officer at R3, shares insights from his experience leading the team behind the Corda blockchain platform. He discusses the accelerating tokenization of real-world assets and the convergence of private networks like Corda with public platforms such as Ethereum. The conversation delves into the transformative potential of decentralized finance, the challenges of compliance, and how financial institutions can innovate by integrating traditional finance with crypto. Exciting predictions suggest tokenized assets could surpass valuations of $30 trillion by 2032!
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Richard Brown's R3 Journey
- Richard Brown joined R3 near its inception and has led the design of Corda.
- He now directs both the technology and product strategy of R3's blockchain platform.
Tokenization Beyond Digitization
- Tokenization projects digitize asset ownership beyond legacy systems by projecting records onto shared blockchains.
- This creates standardization and interoperability, enabling seamless cross-entity transactions previously not possible.
Build Permissioned Networks First
- Build permissioned networks focused on privacy, identity, and transaction finality for regulated institutions.
- This approach allows early progress while public chains mature and addresses compliance needs.