G.T.E (GTE Technology) just represents "" Is there an International Token Exchange? Not exactly. While there is a Worldwide Token (GLT), what Brown is in fact describing is the process of transforming digital and physical properties into publicly-traded tokens such as the ones you have g.t.e. technology been seeing recently choosing unreal total up to "own" them.
Now, think for a minute, the sports card collection you have being in your attic could be tokenized and traded. Vintage film posters. Much of the nostalgia from your childhood might quickly be on the exchange. Think bigger. Art. Jewelry. And even bigger still to services and property.
According to Jeff, tokenization can enable you to partially own a pricey possession, 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 would most likely agree that the majority of properties are owned by one individual or company.
The process makes good sense realistically that a lot of individuals can't afford a getaway house themselves, so they divided up the ownership amongst 50 other owners and each takes one week of the year to stay with 2 weeks set aside for maintenance and upgrades. Where timeshare is restricted based on "use" there is no limitation in tokenization as a property can be sculpted up in an infinite variety of pieces to own.
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Jeff Brown,
