Coinbase CEO Brian Armstrong envisions a future where any asset can be represented as cryptocurrency
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Coinbase CEO Brian Armstrong is musing on a future where almost any asset can be represented as a cryptocurrency, including NFTs, social media profiles, and even our digital identities. This concept, which Armstrong calls the "tokenization of everything," is designed to expand the capabilities of blockchain beyond digital currencies.<br><br>In a post shared on X (formerly Twitter), Armstrong said: "In a blockchain-enabled world, I think every asset will have a tokenized version."<br><br>He then went on to list examples of assets that could be tokenized, including:<br><br>NFTs<br>Social media profiles<br>Digital identities<br>Real estate<br>Equities<br>Fixed income<br>Intellectual property<br>Esports assets<br>Corporate debt<br>Real-world assets<br>Collectibles<br>Commodities<br>Carbon credits<br><br>Armstrong believes that this tokenized future could solve some of the biggest challenges facing society today, including issues around security, accessibility, and interoperability.<br><br>The idea of tokenization is not a new concept in the blockchain and cryptocurrency space, but Armstrong believes that it has the potential to revolutionize the way we think about ownership and value in the future.<br><br>For more tech news, stay tuned at The Hans India.
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