Why exactly do we need blockchain for real-world asset tokenization? Take real estate—sure, you can mint tokens representing property ownership, but here's the catch: when push comes to shove, your property rights aren't enforced by smart contracts or consensus mechanisms. They're enforced by courts. Legal systems. The traditional infrastructure we've had for centuries. Code can't override a judge's ruling or a government seizure. So what's the actual value-add here beyond creating another layer of complexity?
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RetiredMiner
· 8h ago
To put it simply, a bunch of projects are using tokenization as a gimmick right now, but in the end, it still comes down to what the law says. The whole "code is law" thing is just a joke in the face of reality.
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SolidityNewbie
· 19h ago
Haha, you're right, that's why I've always felt that the whole RWA thing is a bit overhyped.
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TokenomicsPolice
· 12-05 22:05
To put it simply, it's just a change of appearance; the underlying foundation still relies on legal safeguards.
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MetaEggplant
· 12-05 22:01
To put it bluntly, it still comes down to legal protection; all that flashy stuff on-chain ultimately amounts to nothing more than a worthless piece of paper.
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PoetryOnChain
· 12-05 21:52
To put it bluntly, it's just a fake demand—trying to solve legal issues with code by force. It's a joke.
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ZenChainWalker
· 12-05 21:37
To be honest, this question is spot on. On-chain assets really can't bypass the hurdle of the law.
Yes, I do feel that the RWA tokenization hype is a bit overblown. Even after real estate is put on-chain, it still depends on the court's decision—code can't override a court ruling.
Why exactly do we need blockchain for real-world asset tokenization? Take real estate—sure, you can mint tokens representing property ownership, but here's the catch: when push comes to shove, your property rights aren't enforced by smart contracts or consensus mechanisms. They're enforced by courts. Legal systems. The traditional infrastructure we've had for centuries. Code can't override a judge's ruling or a government seizure. So what's the actual value-add here beyond creating another layer of complexity?