Recently, the concept of RWA – Real World Asset is being talked about a lot and the tokens related to this piece have witnessed a tremendous growth. At the beginning of the year in my facebook post I also talked about how RWA will be a trend in the future because investment funds all put it in the prediction niche that will grow strongly. So here we are , today we will find out what is the concept of RWA after all? And why does the fund include it in predictions? What can it do? And why has it grown so strongly recently 𝗥𝗪𝗔 – 𝗥𝗲𝗮𝗹 𝗪𝗼𝗿𝗹𝗱 . Understand in advance that it is a bridge to bring real world assets into the defi world, a kind of tokenization! The first big enterprise application case is BlockTower Credit partner with Maker (A lending platform, mint stablecoin). What do they partner to do? It is BlockTower that will give Maker a real-world asset (gold, fiat, BDS, …) as collateral to mint a stablecoin DAI corresponding to the real asset value. And real-world assets will be monitored by a 3rd entity (not Maker or Blocktower) between legality and reserve As you know, the amount of assets is at rest and unused There are many uses in the real world and it is impossible to use up that excess capital. RWA is a bridge to be able to use those excess capital – the advantage of assets is that it can increase liquidity, generate profits for owners. But there are still some things to keep in mind about this, that real-world illiquid assets like BDS will fluctuate depending on market conditions. That raises a concern that the reserve assets used to back crypto assets will not be sufficiently secured. Not to mention the legal issues surrounding real assets. That’s why we need a third entity in the middle that monitors real-world assets. But this very solution also has its problems when the other 3rd entity is usually businesses, individuals or organizations, generally run by people! And when people hold money, they often get into trouble. But the benefit of RWA is really great when it can raise a large amount of capital that is still waiting to be used out there – which means one more avenue for money to flow into the crypto game Mortgage For debt is only part of this niche, forms of tokenization are also becoming more popular and it is a useful thing from a user perspective. Before, if you only participated in the crypto market and you wanted to buy stocks or gold, silver, you had to create an additional asset in another exchange, now it is all wrapped up and traded on the same exchange. , trading platform . Obviously, that reduces quite a lot of barriers and opens the way for money to move. A notable metric in this is that Maker only owns about 12% of RWA on its balance sheet, yet this 12% contributes to the protocol 57% of the profits. Talking about RWA, it is indispensable for TRU, which has recently been noticed by binance when there is a move to mint 50 million TUSD stablecoins that TRU issued , TRU is a lending platform for both in crypto and the real world and was once a stablecoin issuer that was monitored in real time by a 3rd party (RWA) and chainlink. The unique feature of TRU is that users can monitor the amount of assets reserved for TUSD at any time through the tusd.io website thanks to the help of Chainlink. By the way, talking about Oracle. Then when RWA is prosperous, it can be said that Oracle is an indispensable piece for this. Oracle has served as a bridge from the real world to the crypto world ever since, and real-world asset management has always been a hassle. Oracle acts as a translator of real-world languages into languages the blockchain can understand. So it can be said that Oracle is the limbs – and the concept of RWA is the mind. No matter how smart your mind is without limbs, it’s useless. Back to TRU, TUSD is now no longer Tru Protocol’s but has been sold to a subsidiary called Techteryx … So who is TechteryX ? Techteryx is an enterprise group that has relationships with hongkong, singapore, guangzhou, shenzhen, beijing, … (back to hongkong) At a glance, it can be seen that this team in terms of data is quite small, well known. is still unknown to many people and on the surface it is clear that Tru Protocol and TUSD have split into two independent companies. But people don’t accept it, everyone knows it’s just a legal trick of their team. Crypto world this is not a strange thing, similar case we have Telegram vs Ton, Ripple and XRP. BlockTower Capital has gathered a fair amount of Tru before the news of binance mint TUSD, it seems that this fund is a fund with a lot of insiders. In conclusion: this is a wave that you should pay attention to about the Its benefits for the crypto market like increased liquidity and reduced transaction fees
Source: Collector
