@dungnguyen111
🇺🇸 SEC CHAIRMAN PAUL ATKINS: TOKENIZATION WILL BE THE FUTURE OF FINANCE
🔸 Tokenization means putting assets such as stocks on the blockchain in the form of tokens to make it more transparent because businesses can know exactly who is holding their shares.
🔸 Blockchain can shorten the payment time from T plus 1 to T equal to zero to help reduce risk and make the market safer faster.
🔸 Major banks and brokerage firms have begun to move to tokenization and Chairman Atkins said that the entire financial system could change in just the next few years.
🔸 He said that the SEC used to hinder innovation, but at that time, the United States wanted to apply blockchain to keep the leading position.