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G.T.E (GTE Technology) merely means "" Is there an International Token Exchange? Not exactly. While there is a Worldwide Token (GLT), what Brown is really referring to is the process of converting digital and physical properties into publicly-traded tokens such as the ones you have actually been seeing recently going for unbelievable total up to "own" them.
Now, believe for a moment, the sports card collection you have being in your attic could be tokenized and traded. Classic film posters. Much of the fond memories from your childhood could soon be on the exchange. Think larger. Art. Fashion jewelry. And even bigger still to companies and genuine estate.
According to Jeff, tokenization can permit you to partly own an expensive asset, such as a piece of art or realty. Could this be the end of time-shares as we understand them? On the planet economy, you Additional hints would probably concur that most of properties are owned by one individual or business.
The procedure makes good sense logically that many people can't pay for a villa themselves, so they broke up the ownership among 50 other owners and each takes one week of the year to stick with two weeks reserved for upkeep and upgrades. Where timeshare is limited based upon "use" there is no limit in tokenization as an asset can be carved up in an infinite variety of pieces to own.
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Jeff Brown, a popular tech