I've written a few articles in the past about Real World Assets otherwise known as KWA. Which are taking real world assets like houses, paintings etc and placing them on the blockchain for easier trading.

I think the best example of this so far which actully makes some sense is a company that runs on the blockchain and warehouses cars, paintings etc and then people can trade it between each other without physically moving the artwork and simply trust the company has it in their warehouse and protected. It can then be extracted by the owner at any time via proof of ownership via the NFT asset. It's actully smart and a direction I could see all of this moving on a much larger scale here soon.

Three months ago I touched back on this via my A surging Interest in RWA Blockchain Edition

RWA Will Explode

It's only a matter of time before all or a vast majority of real world assets are handled on the blockchain. Gone will be the days of fees galore because you can swap assets like homes, loans, investments like stocks and bonds and more all from the computer. Removing much of the pain in the butt slow and costly paperwork and filing fees that come with it.

With that however comes a lot of very complex things that have to be figured out, programed and checked. It's the largest bottleneck right now to really start to bring in RWA into blockchain but it is for sure coming sooner rather than later.

The big issues with it right now are that it might seem simply that for example a t-bill that's rather straight forward where someone would invest FIAT into a tbill there's actully a lot more that goes into it.

Knowing when that tbill expires
What happens to the tbill when it expires
Does it product a new currency like USDC? how is that calculated and put into circulation etc etc.

So you can start to see how something simple has a lot of complex elements to it and something more complex would have many moving parts to it. This is one of the biggest hold backs right now from implementing real world assets at scale.

It also comes down to the United States government because they are the ones that issue the bill thus they have the say as to how and when it can be used.

We have already seen this attempted from the likes of Binance which pretty much got slapped in the face and kicked out of the USA. So that means it's possible to be done but it's for sure going to have to be through yet again another middle man to manage these things. I put my money on Coinbase doing it first but it would be smart of the others like Gemini to try and get in on the action first. It feels like it would be a very natural progression from the ETF we now have today which would see funds more free flowing from companies into other digital assets all interconnected.

I think the day we see assets under ownership instead of assets under management is a day we truly start to get back some of our financial freedoms that were taken away in the early 2000's and never really fully restored.

Would you be inclined to invest in RWA or would you keep yours all in cryptocurrency for example?

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