Tokens Represent the Next Generation of Capital

Written by samiso | Published 2021/10/01
Tech Story Tags: token | tokenization | cryptocurrency | cryptocurrency-investment | capital | digital-currency | next-generation-capital | good-company

TLDR Digital currencies unlock broader possibilities for the unbanked and those excluded from the financial market. The process of converting something of value into a digital token that is usable on a blockchain application is called tokenization. The global tokenization market size is expected to grow from USD 1.9 billion in 2020 to USD 4.8 billion by 2025, at a compound annual growth rate of 19.5%. With this technology, citizens can fund infrastructural development in remote countries. A village in Africa can get electricity, water supply, schools, and farms funded by remote citizens.via the TL;DR App

no story

Written by samiso | Connecting unused resources with unmet needs in Africa
Published by HackerNoon on 2021/10/01