Key Highlights of RWA Chats Episode 1
Welcome to RWA Chats!
RWA Chats is an initiative by E Money Network to drive meaningful conversations about the growing RWAs sector. We invite industry leaders to talk about their projects, provide insights on the RWA space and share recommendations on how to create value in this space.
Our first session saw participation from the following industry leaders -
- Parag Arora
E Money Network
2. Nicolas Keller
Elevex
3. Erdem Yağan
Remedi
4. Lingraj Mahanand
Credore
5. Žygimantas Bagdzevičius
Token Tails
6. Shivangini Agarwal
E Money Network
Following are some highlights of the session -
- Parag Arora on the future of crypto and RWAs — The theory of any disruptive technology is that there are early adopters, then there is a gap or a trough, and then there are luggards. The gap in blockchain is RWAs, because blockchain is still not fully connected to the world. There have been a lot of digital asset transactions in the realm of blockchain, but they were confined to the virtual world. Now, with RWAs, blockchain will get connected to the mainstream world. The distinction between mainstream and crypto world will blur with the adoption of RWAs.
- Lingraj on the most exciting use case of RWAs — Cross border trade is one of the most exciting cases of RWAs and we, at Credore, are working on tokenising trade finance documents. For example, the bill of lading is a document issued by the shipping company to the exporter. The bill of lading gives the exporter rights to exercise control over the cargo mentioned in the document. The exporter can use the bill of lading to obtain finance from the bank. In other words, the bill of lading can be used as collateral for availing trade finance. Thus, tokenisation helps in creating more value for stakeholders in trade finance. Exporters receive trade finance efficiently and banks get the opportunity to increase their revenue velocity with enhanced liquidity.
- Žygimantas on the most exciting use case of RWAs — We are on a mission to save cats. We are going to integrate the chips of real cats in cat shelters with the virtual cats in our ecosystem. When a person adopts a virtual cat, they are helping real cats in the shelter. We have also planned a marketing campaign wherein when someone adopts a virtual cat connected to a real cat, they get a plush toy which represents the virtual cat and its link to the real cat. We will also create a platform for saving dogs in the future.
- Nicolas on innovative solutions that their project is implementing in the RWA ecosystem — One of the main real world problems is data. Data is fragmented, especially when it comes to real estate. There are several companies that provide different evaluations of assets. One of the key areas we want to focus on is creation of smart contracts that include effective and transparent data within metadata. So, whenever projects or properties will be listed on our platform, they will have to include specific variable and non-variable data such as the location and size of the property, no of rooms, valuation, ownership details, etc. So, we will leverage AI for providing people insights about real estate and help them make better decisions.
- Erdam on innovative solutions that their project is implementing in the RWA ecosystem — We have merged embedded finance with on-chain finance and today, our platform enables companies to automatically create “Buy Now Pay Later” loans and then package those loans into bonds and tokenise the preferred portion of these bonds. These tokenised bonds, or T-bonds on-chain will then be sold to private creditor pools. In simple terms, any company can create a financial product instantly matched with liquidity. The company doesn’t have to bear any risk, create a fintech team, or asset securitisation service providers for doing this. With this product, they have more control over the revenues they generate from their users.
These were a few snippets from Episode 1 of RWA Chats. Want to gain more insights about the RWA space? You can listen to the entire discussion here — https://x.com/emoney_network/status/1819016529075192061
Also, keep following us on X for more episodes of RWA Chats. You can participate in live sessions and also ask questions. We will host the next session soon. Stay tuned!
