G.T.E (GTE Technology) merely means "" Exists an International Token Exchange? Not exactly. While there is a Global Token (GLT), more info what Brown is really describing is the process 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 traded. Classic film posters. Much of the nostalgia from your childhood might quickly be on the exchange. However think bigger. Art. Fashion jewelry. And even bigger still to companies and realty.
According to Jeff, tokenization can enable you to partly own a pricey asset, such as an art piece or property. Could this be completion of time-shares as we understand them? In the world economy, you would most likely concur that the bulk of possessions are owned by one person or company.
The procedure makes sense realistically that many people can't manage a getaway home themselves, so they split up the ownership among 50 other owners and each takes one week of the year to stay with two weeks reserved for maintenance and upgrades. Where timeshare is restricted based upon "use" there is no limitation in tokenization as a possession can be sculpted up in a limitless variety of pieces to own.
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Jeff
