G.T.E (GTE Innovation) just stands for "" Is there an International Token Exchange? Not precisely. While there is an International Token (GLT), what Brown is actually referring to is the procedure of transforming digital and physical possessions into publicly-traded tokens such as the ones you have actually been seeing lately opting for unbelievable total up to "own" them.
Now, believe for a minute, the sports card collection you have being in your attic could be tokenized and http://dominickcdob278.tearosediner.net/gte-stock-5-things-to-know-about-gran-tierra-energy-as-1 traded. Classic motion picture posters. Much of the nostalgia from your childhood might quickly be on the exchange. Believe larger. Art. Jewelry. And even larger still to services and property.
According to Jeff, tokenization can enable you to partly own an expensive possession, such as a piece of art or property. Could this be completion of time-shares as we understand them? On the planet economy, you would more than likely concur that the bulk of assets are owned by one person or company.
The procedure makes good sense logically that the majority of 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 remain with two weeks reserved for maintenance and upgrades. Where timeshare is restricted based on "usage" there is no limit in tokenization as an asset can be carved up in an unlimited number of pieces to own.
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