According to Mussenbrock, there's an increasing demand from traditional insurance companies for on-chain solutions."This is currently happening as we speak. That is a huge change. We see that traditional insurance companies are somehow dipping into this."
Stephan Rind, from BrickMark Group, noted that asset tokenization can deliver access to financial products that are currently unavailable to most people, thus helping to close a gap in wealth distribution. "Number one in financial inclusion, obviously you can have a number of participants that can participate in a financial instrument, and you have the democratization of capital [...] everything from real estate to animals, to all the things that you can have in traditional finance, that could actually be tokenized and represented in a digital financial instrument," Rind commented.
Carlos Mazzi, from Finka, shared his experience of tokenizing La Pradera, a cattle ranch in Bolivia with 3,000 hectares of grassland and over 3,500 cows."We tokenize the value creation of what we call from grass to cash. It's the tokenization of value creation. The conversion of grass into protein, and into cash through a great nature given machine, which is a cow. We were early pioneers and this was very challenging [...
"We believe that in ten years' time most people will be interacting with Tokens on a daily basis, whether they know it or not," added Jose Fernandez, from Tokengate.
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