Neo and Chainlink join InterWork Alliance to advance token-based economy
The InterWork Alliance (IWA) has launched operations as a platform-neural non-profit entity, aiming to create global standards for "token-enabled" ecosystems. According to the Alliance, token-based economies display huge promise, with distributed applications possessing the ability to "disrupt" global economics.
However, the IWA explained that different platform types and their wide-scale availability have obstructed the adoption of tokenization and token-based assets. The consortium opines that a standard framework will allow companies to "agree on" distributed business models without shedding time on choosing a token model.
