G.T.E (GTE Technology) simply stands for "" Exists a Global Token Exchange? Not exactly. While there is an International Token (GLT), what Brown is in fact describing is the process of converting digital and physical properties into publicly-traded tokens such as the ones you have actually been seeing recently choosing unbelievable total up to "own" them.
Now, think for a minute, the sports card collection you have being in your attic might be tokenized and traded. Vintage film posters. Much of the nostalgia from your youth might quickly be on the exchange. Think larger. Hop over to this website Art. Precious jewelry. And even bigger still to businesses and realty.
According to Jeff, tokenization can enable you to partially own a costly asset, such as a piece of art or genuine estate. Could this be completion of time-shares as we know them? On the planet economy, you would probably agree that most of assets are owned by someone or business.
The process makes sense realistically that the majority of people can't manage a villa themselves, so they broke up the ownership amongst 50 other owners and each takes one week of the year to remain with 2 weeks reserved for maintenance and upgrades. Where timeshare is restricted based upon "use" there is no limit in tokenization as a property can be sculpted up in a limitless number of pieces to own.
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Jeff Brown, a popular tech
