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Business & Economics

The End of the Stock Market As We Know It

Gizmodo
Summary
Nutrition label

59% Informative

Tokenization is taking a real world asset, like a share of Tesla stock, and turning it into a digital token that lives on a blockchain.

By putting a stock into this secure digital wrapper, it can move faster, more freely, and with fewer middlemen across the internet.

Ken DiCross , co-founder of the blockchain interoperability platform Wire Network , talks about the future of a tokenized world.

Tokenization won’t replace Wall Street, but it will force it to modernize, says DiCross .

DiCross believes the big firms will adapt by launching their own blockchains and tokenized products.

Imagine buying a stock 24/7 from your phone, anywhere in the world if tokenization goes mainstream.

VR Score

54

Informative language

49

Neutral language

62

Article tone

informal

Language

English

Language complexity

36

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

External references

no external sources

Source diversity

no sources

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