
Featured Story | Step Aside 'Blockchain Technology', IMF and BIS Have a New Crypto Buzzword
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The IMF and BAS Have a New Crypto Buzzword
Market Staley: The IMF and BAS have a new crypto buzzword. tokenization is the process of representing claims digitally on a programmable platform. tokens are not just digital entries in a database, rather they integrate the records of the underlying asset with the rules and logic governing the transfer process for that asset. For a home buyer, tokenization might mean that their deed is represented as a token on a blockchain like Bitcoin or Ethereum.
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