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BlackRock Breaks Boundaries: Exploring Real World Asset Tokenization

BlackRock Breaks Boundaries: Exploring Real World Asset Tokenization

BlackRock the shadowy asset manager with a 10 trillion dollar portfolio is bullish on crypto but it's not xrp or usdc that they're excited about their focus is on a different Niche entirely but don't take my word for it just listen to Larry Fink the CEO of BlackRock himself I believe the NextGeneration for markets the Next Generation for Securities will be will be tokenization of Securities so he's essentially talking about a niche called real world assets or rwas which includes a wide range of assets that can be tokenized and brought on chain now you may be thinking wait a sec aren't thoseJust security tokens those have been around for years now and you'd be absolutely right this isn't new per se but unlike before the crypto world is finally ready to handle this Niche also if a shadowy puppet master like BlackRock is interested then we better take a closer look in just a minute I'llShare several rwa projects that you could potentially invest testing but first let's explore the bullish thesis behind this Niche like why is Blackrock so bullish on it and should we be bullish too so real world assets includes things like real estate gold Fine Arts stocks pretty much anythingThat exists in the real world and this Niche tokenizes those assets and brings them on chain so you can use them like any other crypto token that's pretty simple but then the question becomes why would we even want that well the idea is to bring the benefits of defy to realWorld assets I'm talking things like fractional ownership Global liquidity 24 7 trading and more transparency in markets but I think the biggest benefit of rwas is that it changes defy completely because rather than chasing yield by investing in a chain of Ponzi tokens rwas give us sustainable yieldWith close to zero risk think about it if tokenized treasuries or corporate Bonds were around this past cycle maybe people wouldn't have put their money with block fi or Celsius so there's some real benefits to this Niche but is it all just hypothetical or is there legitAdoption going on well we did see a French Investment Bank take out a stablecoin loan by using mortgage bonds as collateral we also saw the monetary authority of Singapore test out currency swaps by using tokenized Singaporean dollars and Japanese yen in 2022 the total value locked across all rwaProtocols surpassed two billion dollars at its peak and when bny Mellon asked institutional money managers if they were interested in tokenized products 91 said yes so the demand here looks undeniable and real that's why I don't think it's crazy when I hear predictions that this Niche will reach 10 billionDollars for the end of this year and 16 trillion dollars by the end of this decade that is a staggering number but I don't think it's unrealistic given that the addressable Market here is pretty much the whole world so we've got a massive addressable Market plus clear Ben benefits this approach but oneQuestion remains why now security tokens have been around for a while but only recently has the crypto World developed enough to properly handle them we got battle tested D5 protocols that could handle things like liquidity lending and oracles and we have mature blockchains that can handle settlement and clearingIn a reliable manner so all the pieces are in place for this Niche to accelerate and take the crypto World by storm now it's time for some rwa projects and trust me when I say there's some real gems here but before we get there I want to show you this this is aHardware wallet believe it or not and it's made by tangem who's also the sponsor of this video it's a great way to store your rwa tokens if you decide to buy any and this isn't your typical Hardware wallet that requires some fancy device cables and a computer to use it'sLiterally just a card with a microchip and an app on your phone tangent completely reimagined the hardware wallet experience and I'm all for it like no more seed phrases the private key is on your card and if you lose one you have backups too it's also protected by an access code to preventUnauthorized access the chip itself is super secure it has the same level of certification that electronic passports have and they pretty much support all the coins out there I'm talking close to 3 000 coins on 26 different chains if you want to see my full review of thisWallet then go watch my other videos that I'll link you below otherwise if you want to buy one then use my code coinsider for 10 off okay back to rwas and let's start with my favorite project in this Niche centrifuge this project has a special securitization process toBring all sorts of rwas on chain and make sure that they're all fully collateralized what's unique about them is that they support assets that we don't usually see in the crypto world like invoices mortgages and micro lending they even have a full legal process mapped out in case someone inThe process process ever defaults block tower and maker Dao have already funded over 200 million dollars worth of rwas through centrifuge so that's undeniable adoption oh and they also have their own CFG token moving on we have ondo Finance this project is cool because it lets people invest in security tokens for U.SGovernment bonds and even High Yield Corporate bonds that's honestly a better way to earn yield than putting your coins in lending services like block five or Celsius ondo Finance also has their own ondo token which is not yet available on the public markets oh and check this out BlackRock next we got aPicks and shovels project called securitize This is a project that helps business raise Capital with security tokens I've actually heard of them multiple times in the past so they seem to be an established player in this Niche but unlike other projects here securitize does not have their own tokenBut this next one does and it's called Goldfinch they're all about lending to businesses around the world with a strong focus on Emerging Markets their ultimate goal is to bring the world's credit activity on chain and they do so by enabling unsecured lending while that process is more complex than I care toExplain just know that Goldfinch has amassed over 100 million dollars and total value locked so far if you're wondering their ticker symbol is GFI next there's trufi another project in the unsecured lending space but they set themselves apart from other projects by utilizing an on-chain credit score in their lending process their governanceToken is true and they have about 30 million in total value locked next we have polymesh a different project than all the other ones it's a permissioned blockchain specifically designed for security tokens that means it's built with identity compliance confidentiality and settlement in mind it is permissionSo I'm not that interested in it but they do have a poly X token that's used for staking paying gas fees and governance next there's a project I'm super excited about but it hasn't even launched yet it's called backed finance and they're creating erc20 tokens that track popular stocks or ETFs that meansYou could potentially hold tokens that track Google or Tesla in your metamask wallet that's pretty awesome and I would love to use that but it does look like I'm forbidden because they wrote in big bold letters that they will not be registering with the SEC and hence U.SInvestors can now participate what a bummer but it makes sense because remember how the SEC freaked out over doe Quan's mirror protocol for doing something similar so yeah I can't use this platform but perhaps some of y'all can now before you just ape into any of these tokens keep in mind that they'reAll super early and are high risk most of them are under 100 million market cap after all which makes them tiny relative to other crypto projects also another Pro tip for you is to check out all the sub niches under the rwa umbrella this Project's focus on custody liquidityTokenization and each of those sub niches have potential gems as well anyways I'm personally bullish on rwas and I've already scooped up some of these projects tokens but it was a small amount though because like I said they are super early and if you do invest inThem just keep in mind that there are risks and hurdles as well like these are securities right so regulatory guidance is of utmost importance for this Niche also this Niche needs to figure out how to handle defaults how to minimize cases of Fraud and they need great kycProcesses as well so point is the sky's the limit for this Niche but there's a lot of work left to be done let me know if you are bullish like BlackRock is and don't forget to check out tanjem and use my discount code if you want one

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My Experience Testing Tangem’s Exceptional Crypto Wallet!

My Experience Testing Tangem’s Exceptional Crypto Wallet!

Let's talk Hardware wallets so most of you all know of Hardware wallets and we've all heard the phrase not your keys not your coins before but it wasn't until FTX and other exchanges collapsed that we really started to understand how important self-custody is that's where Hardware wallets come in and they're aGreat way to keep our coins safe and secure but today I'm going to share with you a completely new approach to Hardware wallets that I bet you haven't seen before it's called tangent wallet and they are the sponsors of this video but instead of just telling you whyThey're unique and special why not just show you okay so here it is Yep this is the tandem wallet check this out it's right here it's not what you'd expect when it comes to a hardware wallet though right because it looks like credit cards but essentially this card plus this app theTangent app on our phone makes up the hardware wallet they literally work in conjunction with each other so there's actually a microchip on this card that stores our private keys and signs transactions the phone itself doesn't store any assets on here it's the front end it just displays the data so theyInteract by using NFC or near field communication if you've used tap to pay like Apple pay or Google pay at the grocery store before it's the same Tech and in terms of setup I've already set mine up as you can tell but it was super easy it literally takes less than threeMinutes you just tap the phone and hold it for a bit so it can generate the wallet and then you do that with the other cards too to set them as backup I'm not going to show you that part of the process because that would require me resetting my whole wallet and IAlready sent some ethon here that I'm going to show you sending a transaction with okay so to show you that part of the process thankfully I have an old phone that I haven't thrown away see new phone old phone and the old phone I spun up a metamask account if you haveMetamask you probably know what that looks like but I'm just going to hit receive so I have the QR code and on this I'm going to send it boom I have the address right here and I'm gonna send like just a few dollars worth of ethAnd I'm going to click on the send button it says tap to sign it's been sent successfully and it's on the blockchain let's see how fast until it shows up boom it's already here it was here even earlier see it's now point zero zero one eight I justSent that I just had to refresh it was already there so that was a fun demo but now I'm gonna answer a bunch of questions that I bet you're wondering right now so first in terms of ease of use one thing that makes them really special is that no more seed phrasesLike remember those like 12 or 16 word like apple astronaut whatever all those random words none of that for this approach because you have these as your private keys and you have backup cards too that's why I had three in my package and that's a lot better ux because youDon't have to remember or write down put it in a safe waterproof fireproof safe right you don't have to do any of that just have these cards as your private keys if you lose one you have backups and if you lose two then you can buy aNew set and migrate over over and you still have your third one left right so just make sure to put them in different places make sure to safeguard them also it's literally just the phone and the card that makes this Hardware wallet you don't have to use any computers youDon't have to use any cables and devices that other popular Hardware wallets require also you don't need to download separate apps for different coins right you know those other they make you download different apps for different networks and blockchains that's such a hassle bad user experience this supportsClose to 3 000 coins on all the most popular layer 1 and layer 2 networks I think they're at like 26 blockchain networks supported and Counting also you may be wondering what about dapps right what about using uni swap or openc if you want to trade your nfts you can doThat with this too because they support wallet connect and all those most popular adapts can use wallet connect so because they're integrated with that you can use this to like move move around your nfts do swaps on uni Swap all the normal stuff you do but perhaps theBiggest question on your mind is security how does tangent approach security and how are they different here well I think I would sum it up as security and simplicity because they literally just have this card which is antenna microchip and plastic right the plastic component there's nothing uncertified there's no potentiallyVulnerable Parts it's not a really complex machine that has like different points of failures that attackers can kind of take advantage of this is super simple and your private key never leaves the chip in your card so no one's gonna ever find out your private key even youDon't know your private key and that means you don't have to worry about the manufacturer potentially doing something weird with this and taking your private key right it's actually not even on here when it's first made the key is generated when you do the setup processAnd hold it to the back for a bit that's when it's gen generated the wallet is created and also that means that if you ever factory reset the card and then you would regenerate the wallet so you don't want to reset it if there's some cryptoOn there but I really like this design right the tandem team really thought about every part of the process and it's just smooth and secure what more can you ask for also they are super highly certified in terms of the security certification of the microchip on hereI'm not gonna name like a bunch of random letters and numbers because that's not going to mean anything to you but just know that their certification level is on par with electronic passports which as you can imagine they take that pretty seriously also if you've bought other Hardware walletsBefore you'll see that little hologram sticker on the box right that tells you it's hasn't been tampered with it's like they're tamper-proof attestation or whatnot but tangent doesn't need any of that because when you first set it up the app checks for untampered firmware and checks that it's legit so that'sAnother great part of their security and ease of use process also another great thing about the security is that they make you set up an access code pin which is like a second layer of Defense because remember this is like our private key essentially so if someoneSteals this or if we lose it then we have our access code if they don't know the pin that we set then they can't use it they can't access your crypto anyways even if they have your card and lastly they're rated ip68 which is the highest possible protection rating againstEnvironmental conditions so that means they can withstand super harsh elements like dust water heat and even can put it in the snow and it'll still work so that's how durable it is that was a lot of talking I need a sip of water now you know what I want to test if thisCan go and be waterproof so let's try boom it's in here okay so my fingers couldn't reach down here unfortunately so I had to get some Chopsticks to grab it out it's wet it's it's dripping wet if you can't tell no wipe it off a little bit on my shirtAnd then let's see if it scans so it says the welcome back and you can click the scan card okay tap to scan success boom it works it still works even in water so that was fun but I think the last thing you may be wondering is about the company tanjimItself right are they trustworthy are they legit well I've talked to their team so I think so obviously that's why I'm making this product review but also here are some details for your consideration like their company was founded in 2017 they're headquartered in Switzerland they were actually initiallyFunded by The Venture arm of a publicly traded company SBI group or SBI Holdings and so far they've had over 700 000 units sold across 170 countries so you can go look at other reviews you don't have to only take my word for it all inAll it's a great wallet for all crypto investors both beginners and advanced I'm gonna continue using mine and take it to some crypto conferences with me if you want one you can get them using my code below for 10 off and also we're doing a giveaway for three free ones toTo enter the drawing just like this video comment below with why you want a cold wallet and also go follow tangem on social media I'll do a randomized drawing for three winners in a week

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‘Vitalik’s 2023 Crypto Niches: Top 5 Picks’

‘Vitalik’s 2023 Crypto Niches: Top 5 Picks’

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