2 Pages Posted: 17 May 2019
Date Written: March 18, 2019
Tech Tokenization is an effective way to distribute reward, maintain accounts, and fractionalize. The three core functions can be addressed by a general purpose technology (GPT) as accounting and fractionalizing should be service agnostic, where service is anything which adds tangible value. What is value may seem hard to quantify but in a tokenized world, value is dynamic, measurable, enhanceable and competitive. As dynamic as the periodicity of its input data. Measurable as an understandable metric. Enhanceable as its underlying algorithmic process learns. Competitive as it is operating in a level playing field. Any service which adds tangible value, aspires to be distributed globally and get its fair share of generated value.
JEL Classification: A00
Suggested Citation: Suggested Citation