Mm

... and the other person can get $100.

The rails are there.

But then the banks are saying, "No, atomic settlement can be a problem for us, so we need a couple of days." But they're upgrading and updating because now liquidity and circular velocity is going faster.

So 2030, it's very close, but the, the rate of AI implementation and upgrade technology, abstraction of blockchain, there's companies now that you run the blockchain but you don't really see it.

Banks now understanding that they can have stablecoins or CBDCs in so many other countries.

At the same way, start offering cryptocurrencies, Bitcoin, Ethereum exposure portfolio tokenized.

Uh, would love to hear, you know, a little bit more ab- about it and, and who you're talking to, uh, today, what types of companies you're working with, what you hope to bring, you know, to the, the trading world.

So coming back to the tokenization side of things, right? So talk to me through like the casino chip is a simple example of a simple token that represents a simple item, right? A hundred dollar chip represents a hundred dollars in that currency that you can gamble with, right? But when you're talking about a more complex token representing a more complex set of things, what does that mean?

Yeah, so this is the beauty of what happened, right? Because with blockchain, a lot of things were not created as it was today.

It was just a technology that started to boom to a certain extent.

The thing is, right now, information, I know, right? People own information.

Banks own their own information.

FinTech owns their own information.

They connect the API, but they're not connected to the Singapore FinTech because that's another silo.

So how has some of what you've seen in blockchain and tokenization and things like coin and the advent of stable coins and things like that, how have you seen that already shape financial services? And what do you think that means for the future of financial services?

For viewers unfamiliar with the concept, what exactly are real world assets and why do you believe they'll become one of the largest opportunities in digital finance?

Yeah, I mean, real world assets, as the world really says, is just a convergence of what is in the offline world and digitized in the online world.

But skipping kind of like the Internet, going straight to the blockchain, right? And they call it real world assets.

It's a redundant world because honestly, everything is a real world asset, right? But it was more references to like hard assets such as real estate, gold, whatever.

But the beauty of the blockchain is on financial instruments, right? Because when you issue that bond, it's actually in a paper already online world.

So when you digitize this kind of formats, it's already transactable.

And basically, why is it becoming hot? It's because of the use of the technology.

What becomes possible, Edwin, when ownership itself contains embedded intelligence rules and compliance and automation?