/biz/ - Business & Finance

[Anonymous No.58920532]

The value lies in tokenization. Asset managers, FMIs, and CSDs are going to reap *massive* benefits. Tokenization enables the creation of novel financial products that are programmable, and update in real-time based on embedded data feeds. The possibilities here are endless with connection to any arbitrary API. Think a tokenized hedge fund which consumes positioning or sentiment data in real-time from an LLM. These products are composable as well, and due to their traceability, risk management will greatly improve.

End users will access these products through traditional financial rails, but imo DeFi will be the largest winner (on the crypto side of things) as TradFi will adopt this infrastructure on the backend to tap idiosyncratic liquidity, which is extremely desirable due to the highly diversified nature of defi collateral pools.

The BlackRock Buidl fund has approx 250 transactions to date - at an average cost of 4$ a transaction Ethereum validators have only profited around $1000, wheras BlackRock charges 2.5% annualized on deposits. The value is going to be captured by the asset managers and DeFi protocols (which are effectively asset managers for collateral pools), but most of all, Chainlink.

[Anonymous No.58920560]

>>58920532
Nah. Blockchain "tech" is a broken reinvented-wheel solution (spreadsheet) in search of a problem to solve slower and at exponentially higher cost. It hasn't found a problem to solve in over a decade.

POC NOT NEEDED

[Anonymous No.58920562]

>>58920532
will chainlink stakers benefit though? will token appreciate in value? is token even needed?

[Anonymous No.58920573]

>>58920532
Woah must feel nice having the whole network and premint for yourself. Guess hell never decentralise. The network doesn’t have any intrinsic demand or need for the token, as he has not engineered any(you can pay in anything and they’ll keep profit and then pay nodes from non-circulating link).

[Anonymous No.58920594]

>>58920532
>Think a tokenized hedge fund which consumes positioning or sentiment data in real-time from an LLM. These products are composable as well, and due to their traceability, risk management will greatly improve.
inb4 brainlets complain about not understanding these words

[Anonymous No.58920603]

>>58920560
>>58920562
>>58920573
https://threadreaderapp.com/thread/1821573540971471301.html

>7/ The LINK token appears to be one of the best ways to get exposure to RWA adoption, as the protocol touches both permissioned and permissionless chains. With that said, it is important to note that Swift has not yet deployed an in-production use case with CCIP.

[Anonymous No.58920610]

I enjoy watching advocuck threads completely dying off while fuddie chuddie threads get 100+ replies every time
keep trying to pump this dead shitcoin fellas, while we keep shitting on its grave lmao

[Anonymous No.58920617]

>>58920610
>dead shitcoin fellas
Yet its still relevant enough for you to enter this thread and comment fuddie boy ;)

[Anonymous No.58920618]

>>58920610
man, fuddies are broken. imagine circle-jerking with other trannies and thinking that the rest of humanity doesn't go out of their way to ignore you

[Anonymous No.58920630]

>>58920617
>>58920618
good job on ignoring me you literal imbeciles KEK
keep seething, baggots

[Anonymous No.58920636]

>>58920618
>ignore you
Your link/btc chart looks like a bad guy getting slammed into the earth in dragon ball z.

[Anonymous No.58920637]

>>58920630
>good job on ignoring me
Okay?

[Anonymous No.58920645]

neck yourself advocate
chainshit is going to zero and sirgay is a scamming fat fuck

[Anonymous No.58920650]

>>58920645
Can you explain your reasoning for this? Blockworks thinks its going to be one of the top RWA assets.

[Anonymous No.58920655]

>>58920650
kek baggie

[Anonymous No.58920661]

>>58920655

[Anonymous No.58920963]

>>58920618
Chart. Stay seething baggie boy

[Anonymous No.58920979]

>>58920650
>Blockworks
>Company that makes money off crypto likes crypto!

[Anonymous No.58920987]

>>58920560
I think you’re missing out the billions lost annually in failed transactions part. There’s more too. But you and I both know that

[Anonymous No.58921012]

>>58920979
>Wow a car magazine reviewing a car?! how dare they!!!!! THIS IS A BIAS REVIEW!!!!!

Right, so who should be doing these types of analysis?

[Anonymous No.58921040]

>>58920987
>the answer to an occasional glitch in 50 year old software, written in fucking Fortran, is to move the entirety of global financial communication to an ethereum dapp.
Whatever keeps you holding your shit tokens, I guess.

[Anonymous No.58921049]

>>58921040
Are you seriously retarded?

[Anonymous No.58921058]

>>58921049
just 7 more years baggie

[Anonymous No.58921087]

>>58921058
>>58921047
Whens the shift over?

[Anonymous No.58921103]

>>58921087
>fudders are paid jeets
Chainlink has a very public and openly advertised paid shill program, but yeah obviously, it's everyone who calls you a retard or posts a chart that's up to no good.

[Anonymous No.58921106]

>>58921087
kek baggie

[Anonymous No.58921123]

baggies literally IN SHAMBLES
you just love to see it

[Anonymous No.58921132]

>>58921123
Its the opposite. Look at your "boy" spamming kek baggie in every thread like its his job.

[Anonymous No.58921154]

>>58921132
kek baggie

[Anonymous No.58921203]

ADVOCATES ARE FLEEING THEY CAN SMELL THE LAWSUITS. KEEP UP THE PRESSURE TOTAL CH*INSHIT DEATH!

[Sage No.58921235]

Asset tokenization is similar to a bank's fractional reserve function. They lend out and borrow from deposits then give you a number on a screen as assurance. Tokens and digital dollars are digital fiat backed by cash deposits in a bank that has no reserve requirement to begin with. A game of musical chairs being played atop a house of cards on a wobbly table