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G.T.E (GTE Technology) just means "" Exists a Global read more Token Exchange? Not exactly. While there is a Global Token (GLT), what Brown is really referring to is the procedure of converting digital and physical assets into publicly-traded tokens such as the ones you have been seeing lately choosing unreal 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 nostalgia from your youth might quickly be on the exchange. But think larger. Art. Jewelry. And even bigger still to companies and property.
According to Jeff, tokenization can permit you to partially own an expensive asset, such as an art piece or genuine estate. Could this be the end of time-shares as we understand them? In the world economy, you would probably agree that the bulk of possessions are owned by a single person or company.
The process makes sense realistically that a lot of people can't manage a vacation home themselves, so they broke up the ownership amongst 50 other owners and each takes one week of the year to stick with 2 weeks reserved for upkeep and upgrades. Where timeshare is limited based on "use" there is no limit in tokenization as a possession can be sculpted up in a boundless number of pieces to own.
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Jeff Brown, a popular tech forecaster, claims that he