Tokenization of Assets Could Boost Financial Inclusion, But Adoption Challenges Remain
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Tokenization of real-world assets could become a $16 trillion industry and help people in developing countries.
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On-chain insurance provides faster payouts to farmers in Kenya compared to traditional insurance.
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Asset tokenization can increase financial inclusion by allowing more people to participate.
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Tokenizing a cattle ranch in Bolivia delivered financial engineering challenges but adoption issues remain.
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Central bank digital currencies and regulation will likely increase adoption of asset tokenization.
