The Web3 Revolution: Building the Future of Blockchain, DeFi, and the Metaverse

© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2024

H. GongThe Web3 Revolutionhttps://doi.org/10.1007/979-8-8688-0491-5_6

6. Tokenised Real-World Assets (RWA) and Decentralised Physical Infrastructure Networks (DePIN)

Hui Gong¹  

(1)

Institute of Finance & Technology, University College London, London, UK

 

6.1 Introduction to RWA

RWAs encapsulate both tangible and intangible assets that exist in the physical world but can be digitally represented through tokenisation on blockchain or other distributed ledger technologies (DLTs). These assets cover a wide array, including cash, commodities, equities, bonds, real estate, art and intellectual property. RWAs play a crucial role in bridging the gap between traditional ...