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Tapscott_Token-Economy_Blockchain-Research-Institute.pdf.pdf
Tokenization | Misunderstood
The Digital Assets, Token Economies, Cryptocurrencies, Money that transactions in data, big names, big hype, big misunderstanding.
Like anything as humans we are scared to let go of what we know and what we have and even more so when it comes to finance or money, fiat, $$$'s
Here's a great summary and new concept to standardize the fundamentals so we can move ahead with doing what is inevitable, digitize money and trade.
Quote:
"»Digital assets, sometimes called tokens, are poorly understood. That may be why they are used to describe a variety of things, some of which are contradictory. We know that they are important, but we need greater concurrence on
what they are and how we define them in terms of code.

» The Token Taxonomy Initiative (TTI) is a new standardization effort championed by a who’s who of enterprise blockchain, from Accenture to Web3 Labs.1 It will help unify our understanding of the token economy without sacrificing the
decentralization that makes it so powerful.

» The TTI’s Token Taxonomy Framework (TTF) is a first-principles model for understanding tokens. It starts with token types and progresses to token properties, with a goal of enabling anyone—technologist, businessperson, or regulator—
to understand what is happening and how to take part in token projects.

» Standardization requires a commitment to collaborating with competitors, stewarding shared creations faithfully, and developing certification programs that make it easier for users to detect fakes and harder for unscrupulous designers to claim the use of standards while deviating from those standards.

» The benefits of shared token standards are many: increased ease of use, improved interoperability, easier communication, and faster and more secure development of the token projects that we’d like to see in the world."
Thank you @Blockchain Research Institute & @Don tapscott
#finance #business #crypto
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Newspaper in🇯🇵Japan Uses Augmented Reality
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Business Analytics Ecosystem
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The Carbon Footprint of the Food Supply Chain 🍔

Worldwide, there are approximately 13.7 billion metric tons of carbon dioxide equivalents (CO2e) emitted through the food supply chain per year
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Personalized Marketing Strategies for the Digital Era
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