G.T.E (GTE Innovation) just means "" Is there an International Token Exchange? Not exactly. While there is an International 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 going for 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 motion picture posters. Much of the nostalgia from your youth could quickly be on the exchange. Think bigger. Art. Precious jewelry. And even larger still to organizations and genuine estate.
According to Jeff, tokenization can permit you to partly 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 Click here for more info the world economy, you would more than likely concur that most of possessions are owned by one individual or company.
The procedure makes sense logically that many people can't pay for a villa themselves, so they split up the ownership among 50 other owners and each takes one week of the year to stick with two weeks reserved for maintenance and upgrades. Where timeshare is limited based on "usage" there is no limit in tokenization as a property can be carved up in a boundless number of pieces to own.
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Jeff Brown, a distinguished
