Tokenizing Financial Services
Updated post with this link. McCaleb says “all equity tokenized by 2028” . Makes sense that we make property as liquid as possible. This could include IP and a person’s time. It could also be part of a mechanism to manage AI related productivity gains so that no entity becomes all powerful from controlling AI.
I’m not up to speed on Auctus specifically but this little story is a sign of bigger things to come. Seeing financial services move to blockchain is like seeing video move from DVD to online streaming. Huge costs are cutout of the middle. It’s not hard to imagine stocks being tokenized either by the issuer or by large funds. Envision walking into a store making your purchase with a fraction of a share of Apple or a piece of real estate. This takes liquidity to a completely new level.
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