Real world Assets on the BlockChain | Get Real world Assets on the BlockChain - Assignment

DeFi 201
#101

KYC on DEFI?

We all know, to a certain degree the conventional finance, that is the essence of the cryptocurrency an alternative way to move from a centralized entity into a more decentralize one. By providing Real World Assets into the blockchain, we would need to be compliant to the rules thus some government(s) would have some inherently power to obstruct the code or program. Another thing I’m concerned about is that everyone can create an invoice of whatever the amount you want, and put it into the blockchain, and colluding with the central entity, for it to verify and approve this invoice. I think that they cannot force all the ETH,BSC, ADA,MATIC and even BTC addresses to verify. That would be against the core values of this Industry at the time of the writing.

#102

Some **EXAMPLES** of **REAL WORLD ASSET**

Synthetix and PAXGOLD:

  1. Synthetix is a derivatives liquidity protocol that focuses on creating synthetic assets.,
  2. PAX Gold is a digital token backed by actual, physical gold.

For more insights for this topic click the link. https://www.zeeve.io/blog/comprehensive-guide-on-tokenized-real-world-assets/