G.T.E (GTE Technology) just represents "" Exists an International Token Exchange? Not exactly. While there is a Global Token (GLT), what Brown is in fact describing is the procedure of converting digital and physical possessions into publicly-traded tokens such as the ones you have been seeing recently opting for unreal total up to "own" them.
Now, think for a moment, the sports card collection you have being in your attic could be tokenized and traded. Vintage film posters. Much of the fond memories from your childhood might soon be on the exchange. However believe larger. Art. Jewelry. And even bigger still to services and real estate.
According to Jeff, tokenization can allow you to partly own an expensive possession, such as a piece of art or realty. Could this be completion of time-shares as we understand them? In the world economy, you would probably agree that the majority of assets are owned by one person or company.
The process makes sense realistically that a lot of individuals can't afford a villa themselves, so they split up the ownership amongst 50 other owners and each takes one week of the year to stick with 2 weeks set aside for upkeep and upgrades. Where timeshare is limited based upon "use" there is no limit in tokenization as a possession can be sculpted up in a limitless variety of pieces to own.
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Jeff Brown, a renowned
