EddieJayonCrypto

 15 Jul 24

tl;dr

Sergey Nazarov, co-creator of blockchain oracle service Chainlink (LINK), predicts that real world assets (RWAs) will be the next major trend in the blockchain industry. He believes that tokenizing assets such as real estate, loans, and bonds on-chain will hold more value than cryptocurrencies. Naza...

Sergey Nazarov, co-creator of Chainlink, anticipates real world asset (RWA) tokenization to overtake cryptocurrencies in on-chain value, marking the next major trend in blockchain. RWAs offer enhanced ownership and transferability, unlocking global liquidity access and bolstering asset management efficiency through on-chain logic.

Nazarov underscores that major institutions like Blackrock and Fidelity are actively involved in the RWA trend, emphasizing the superior security and transferability of on-chain RWAs across diverse financial systems. This facilitates easier access to global liquidity and enables efficient data management for underlying assets. Nazarov envisions RWAs as a significant driver of efficiency and cost reduction in fund operations, potentially yielding substantial economic benefits.

According to Nazarov, RWAs represent the upcoming leading trend in the digital asset space, poised to surpass cryptocurrencies in on-chain value. This trend centers on tokenizing assets such as real estate, loans, and bonds on-chain, with participation from major institutions like Blackrock and Fidelity. Nazarov emphasizes the superior security and transferability of on-chain RWAs across different countries and financial systems, facilitating global liquidity access and streamlined data management for underlying assets.

Nazarov foresees RWAs as a potent force in enhancing efficiency and lowering operational costs for funds. He cites examples of how on-chain logic can vastly expedite processes, such as accelerating the timeline for asset redemption from months to minutes, resulting in significant economic benefits.

More about Grupo Aeroportuario del Pacifico SAB De CV ADR

Grupo Aeroportuario del Pacifico SAB De CV ADR,Grupo Aeroportuario del Pacfico, SAB de CV, develops, manages and operates airports mainly in the Pacific region of Mexico. The company is headquartered in Guadalajara, Mexico.

Industry: ENERGY & TRANSPORTATION

Sector: AIRPORTS, FLYING FIELDS & AIRPORT TERMINAL SERVICES

NAICS code: 8427010000

Current stock price: $15.72

Price change: $0.00

Percentage change: 10.61%

Market cap: $4.558 billion

EPS: $0.288

Revenue: $33.379 billion

P/E ratio: 185.31

Dividend yield: -0.036

Beta: 0.019

More about Interlink Electronics Inc

Interlink Electronics Inc Summary

Interlink Electronics, Inc. designs, develops, manufactures, and sells force sensing technologies that incorporate proprietary material technology, firmware, and software into standard sensor-based products and custom sensor system solutions. The company is headquartered in Irvine, California.

Industry: TECHNOLOGY

Sector: COMPUTER PERIPHERAL EQUIPMENT

Symbol: NEC

CIK: 38751300

EPS: -0.14

P/E Ratio: 1.396

Profit Margin: -0.0677

Market Cap: 13786000

Volume: 7

Current Price: 21.01

Price Change (%): -0.047

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