Context

Exciting times at the Erasmus Centre for Data Analytics as we kicked off our Masterclass on the Token Economy in collaboration with 2Tokens!

This unique masterclass was designed to provide the participants with the latest insights and practical knowledge on tokenizing assets, such as real estate, collectibles, and art.

We started the first session with introductions from Alex Bausch and Marcel Van Oosterhout, Executive Director at ECDA. Our Academic Director Dion Bongaerts then led an interesting discussion with the participants on how tokens can enhance business processes, exploring their added value, and identifying who reaps the rewards from these innovative offerings. “Our participants are confronted with the surprisingly strong similarities of tokens with financial market infrastructures and are immediately challenged to apply these insights to their own plans for tokenization.

In the second part of the session, we delved into the inefficiencies – known as frictions – in the payment system, examining various friction types and discovering how tokens might be the solution to eliminate them.

Key takeaways:

  • Tokens help digitally administer real-world asset information, like ownership records, making them accessible online.
  •  Decentralized finance (DeFi) offers blockchain-based alternatives to traditional financial services.
  • Tokenizing assets like real estate or art can reduce costs, enhance transparency, and streamline trading.

Thank you 2Tokens for the great collaboration! We look forward to helping shape the future of responsible tokenization together.

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