The fourth type of blockchain project is Asset Tokenization projects. Asset tokenization is the representation of ownership of tangible assets using digital tokens. Notable examples are USDT, tokenizing the US Dollar, DigixDAO, backed by Gold.

Each DigixDAO token represents 1 gram of LBMA standard gold. Asset Tokenization eases trading and safekeeping.

Firstly, asset tokenization has made trading far more convenient as blockchain assets can be divided into smaller units, increasing its liquidity.

For example, traditional real estate has to be transferred in its entirety. If real estate can be tokenized, it can be divided and sold as units, which makes it easier to trade.

Secondly, asset tokenization aids in safekeeping. Assets such as gold can be damaged during physical trades, losing its value. With tokenization, no physical transfer assets are required, ensuring their safety and condition.

Huobi Global Exchange:
https://www.huobi.com

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Institutions confirm what is coming with the Over the Counter Derivatives Market ($650 Trillion) – R3 Included

“Not a matter of IF but When” right in the press release

PayPal & Crypto Comes with a Caveat

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PLEASE NOTE:

I AM NOT A FINANCIAL ADVISOR. THIS VIDEO REFLECTS MY OPINION ONLY. IT IS NOT TO BE CONSIDERED FINANCIAL ADVICE. PLEASE DO YOUR OWN RESEARCH BEFORE INVESTING YOUR MONEY.

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Resources:

CRYPTO EXIT PLAN (SPREADSHEET)
https://easyupload.io/b8f3e4

CASH OUT PLAN (FOR IPHONE)
https://apps.apple.com/gb/app/cash-out-plan/id1588407879

CASH OUT PLAN (FOR ANDROID)
https://play.google.com/store/apps/details?id=com.app_labz.cashoutplan

https://www.tradingview.com

https://www.coinmarketcap.com

https://twitter.com/Michael63140627/status/1604771357081812992

https://cryptonews.net/news/legal/17924251/

https://twitter.com/XRPcryptowolf/status/1604606232656056320

https://u.today/crypto-ban-might-be-on-the-table-in-us-senator-says

https://twitter.com/Michael63140627/status/1604766685256634370

https://cointelegraph.com/news/nigeria-set-to-pass-bill-recognizing-bitcoin-and-cryptocurrencies

https://twitter.com/boy_xrp/status/1604666708576411648

https://twitter.com/stedas/status/1604784843786579969

https://twitter.com/Relaximus1/status/1603572616517795846

https://twitter.com/HammerToe/status/1603769220776529920

https://www.swift.com/news-events/news/swift-completes-landmark-dlt-proof-concept

https://twitter.com/bob_way/status/1604719345707253760

In this episode we take a deep dive into Sam Bankman-fried (SBF) and the FTX / Alameda situation.

Theranos: https://www.youtube.com/watch?v=3CccfnRpPtM

Enron: https://www.youtube.com/watch?v=e5qC1YGRMKI

Onecoin: https://www.youtube.com/watch?v=64xcgvEJ3Ys

Worldcom: https://www.youtube.com/watch?v=u_rfIboPyYs

Luna: https://www.youtube.com/watch?v=3KZY41SqaTI

Closing Track: https://www.youtube.com/watch?v=MYOlFM3Dlz4

— About ColdFusion —
ColdFusion is an Australian based online media company independently run by Dagogo Altraide since 2009. Topics cover anything in science, technology, history and business in a calm and relaxed environment.

» ColdFusion Discord: https://discord.gg/coldfusion
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»PODCAST:https://www.youtube.com/channel/UC6jKUaNXSnuW52CxexLcOJg

//Soundtrack//

Burn Water – Take Flight (Bon Iver Flip)

Giyo – Are the Animals Gone

The-light-feat-kingpinguin-zachary-david

frames – IN VIA – 04 Calm Wisdom

Cahb – Secrets

Deccies – Subtle

David Keno – Golden Ticket

In the Waiting – Johannes Bornlof

Female – Grvty

Universal – Matt Fax

Gem Club – First Weeks

Passage of Time

Mogwai – golden_porsche

Burn Water – Adomania

Sources:

https://www.gawker.com/money/are-these-caroline-ellisons-tumblrs

https://www.afr.com/technology/ftx-hack-likely-an-inside-job-as-339m-frozen-in-three-wallets-20221115-p5bygm

https://www.coindesk.com/policy/2022/11/09/ftx-faces-us-justice-department-probe-report/

https://www.visualcapitalist.com/biggest-donors-2022-midterm-elections/

https://fortune.com/2022/11/09/sam-bankman-fried-14-billion-wiped-from-personal-wealth-overnight-ftx-bailout-deal-binance/

https://www.smh.com.au/business/entrepreneurship/robin-hood-of-crypto-the-30-year-old-billionaire-who-wants-to-give-his-fortune-away-20220404-p5aaky.html

https://www.milkroad.com/p/binance-vs-ftx-heres-happened-weekend’

https://techcrunch.com/2022/11/09/sequoia-capital-marks-its-ftx-investment-down-to-zero-dollars/

https://techcrunch.com/2022/11/14/softbank-ftx-crypto/

https://www.axios.com/2022/11/12/ftx-terms-service-trading-customer-funds

https://www.wsj.com/livecoverage/stock-market-news-today-11-11-2022/card/ftx-paid-250-million-to-a-related-party-in-2021-N5yX9Z6NPx6rdmIXWSer

https://decrypt.co/76584/ftx-ceo-sam-bankman-fried-why-bought-out-binance-investment-shares-exit

https://www.coindesk.com/layer2/2022/11/08/the-story-of-sam-bankman-frieds-backroom-deal-with-binances-cz/

https://www.coindesk.com/layer2/2022/10/25/is-sbf-right-about-defi-regulation/

https://cryptoslate.com/ftx-hacker-is-now-one-of-the-largest-eth-holders/

https://www.milkroad.com/p/goes-sbf

https://fourweekmba.com/how-does-ftx-work-and-make-money/

https://coinmarketcap.com/alexandria/article/what-is-ftx-token-ftt-features-tokenomics-and-price-prediction

https://www.reuters.com/technology/exclusive-behind-ftxs-fall-battling-billionaires-failed-bid-save-crypto-2022-11-10/

https://www.reuters.com/technology/exclusive-behind-ftxs-fall-battling-billionaires-failed-bid-save-crypto-2022-11-10/

https://www.nbcnews.com/news/epic-fall-sam-bankman-fried-was-hailed-crypto-genius-clients-saw-smoke-rcna56583

https://www.bbc.com/news/technology-63612489

https://twitter.com/AutismCapital/status/1590779299946442753?t=iIemPUWnkIvlDWPMPdzwBQ &s=19

https://www.forbes.com/sites/davidjeans/2022/11/12/the-devil-in-nerds-clothes-how-sam-bankman-frieds-cult-of-genius-fooled-everyone/?sh=5a804f7c1d26

https://www.bbc.com/news/technology-63612489

https://www.nbcnews.com/news/epic-fall-sam-bankman-fried-was-hailed-crypto-genius-clients-saw-smoke-rcna56583

https://www.zerohedge.com/markets/ftx-held-just-900mm-liquid-assets-vs-9bn-liabilities-video-emerges-confirming-alameda-knew

https://coinmarketcap.com/alexandria/article/what-is-ftx-token-ftt-features-tokenomics-and-price-prediction

https://fortune.com/2022/11/13/sam-bankman-fried-alameda-research-who-is-caroline-ellison/

https://jewishinsider.com/2021/07/the-young-crypto-billionaire-who-wants-to-change-political-fundraising/

https://www.msn.com/en-us/money/markets/ftx-collapse-sam-bankman-fried-questioned-by-police-crypto-market-wobbles/ar-AA145tsF

https://www.forbes.com/sites/davidjeans/2022/11/12/the-devil-in-nerds-clothes-how-sam-bankman-frieds-cult-of-genius-fooled-everyone/?sh=5a804f7c1d26

Producer: Dagogo Altraide