The subject of Bitcoin’s environmental footprint has been a constant in the news cycle since May, when Elon Musk tweeted that Tesla would no longer be accepting Bitcoin as payment because of the amount of energy it used. This announcement came only a couple weeks after the company started accepting Bitcoin, a move which had caused the price to shoot up to new highs and generated extensive institutional interest in crypto. …


In a recent article, we discussed some myths and misconceptions that people have about tokenization. In fact, many of our articles focus on tokenization and token economies partly because we are a blockchain infrastructure company developing a token economy operating system, but primarily because it is through token economies that blockchain becomes practically useful in the real world. However, blockchain technology itself is still commonly misunderstood, so in this article we’ll break down some of the most common misconceptions around blockchain itself.

Before we start, it’s probably worth addressing why these myths exist in the first place. Certainly, some confusion…


Local currencies, sometimes called community or regional currencies, can be created for a variety of reasons. Often, it’s because a community of people don’t (or can’t) trust the legal tender of their state. This is a phenomenon which is not new at all, but as old as money itself. Another common reason for using a community currency is the belief that money actually harms the civilized interaction of individuals because everything becomes focused on maximizing profit. A famous example of this social reason can be found in Germany with the Chiemgauer.


You’ve probably heard the term stablecoin before, but the name can be a bit misleading. A stablecoin can actually mean a few different things, including tokens that aren’t even “stable.” Most of the time, stablecoin is used to refer to cryptocurrencies that are pegged to a fiat currency. Tether is a popular example, having its value pegged to that of the US Dollar. Of course, when the USD inflates, as it has been recently, so too does Tether. This fluctuation in value means that these cryptos are only as stable as the fiat they are pegged to, or in other…


But Tokenization Can Help Save Your Assets

As we all slowly come out of our Covid induced hibernation and start to spend more time out and about, you might have noticed that things seem more expensive than they used to. It’s not just in your head. While there are other reasons for the overall increase in prices, largely stemming from supply chain disruptions due to the past year of pandemic, a large cause is a sudden spike in inflation. In the US alone, inflation over the last 12 months leading up to May 2021 rose over 5%, the largest yearly increase since the 2008 financial crisis. …


Here’s How to Avoid Them

When Ethereum was designed, it was lauded as some kind of “global cloud computer” that would revolutionize how digital entities interact with each other. When it launched, there was plenty of room on the network for transactions (computing operations), and it seemed impossible that it would so quickly turn into the expensive, overcrowded party that it is today. The price of Ethereum’s network token, Ether, has steadily appreciated in value, while the “gas” amount, the total number of computing units available in each block, has become a scarce resource. …


Over the past five years we’ve seen a wide variety of digital assets grow, mature, and flourish on blockchain, the majority of them on Ethereum. Living on a blockchain is the key distinguishing factor between these kinds of digital assets, usually referred to as Tokens, and other (financial) assets. While some tokens are created purely for fun or for the sole purpose of raising capital for a startup project, a sizeable number of tokens come with some sort of promise of value backing. Because blockchain is still a new technology, and because blockchain startups aren’t always a great poster child…


How TokenWARP “Teleportation” Can Save Supply-Chains

There are very few sci-fi and fantasy tropes more alluring than teleportation. Click a button, whisper a spell, call Scotty to beam you up, and then *poof* you’ve arrived. During the Covid-19 lockdowns, I’m sure many of us at one time or another wished we could teleport somewhere else. The same is true for our goods and services. While local delivery times for consumers have dropped below “same day” in many parts of the world, for raw materials and global supply chains overall wait times can be incredibly long and costly.

The recent six day blockage of the Suez Canal…


What do you need to make blockchain truly useful?

“What is Blockchain actually good for?”

This is such an important, though shockingly un-addressed, question. For years now, people have tried to claim that Blockchain can solve virtually every problem in any industry. The hype machine that is the crypto and blockchain social media space treats it like a “miracle” solution to everything. Obviously, this usually falls flat under even the most basic scrutiny because blockchain, like anything else, is just a tool, not magic. It does no one any good to pretend otherwise. You have to be real and admit that there are some significant disadvantages with the technology…


There’s a lot of confusion about what’s actually possible with tokenization.

Let’s talk about tokenization

If you’ve hung around the blockchain or crypto space long enough, then you’ve no doubt heard a few common sayings. Things like “Blockchain enables trustless, peer-to-peer transactions and replaces expensive intermediaries and middlemen;” or “fractionalization enables completely new understandings of ownership;” or “tokens allow single high-value items like real estate or artworks to be owned by hundreds of people at once.” In fact, we’ve even said similar things in past articles on this very blog.

Now, all of this is still technically true, but there are a couple of important caveats that really need to be discussed, and unfortunately aren’t…

CoreLedger

Asset tokenization | Blockchain documentation | Token transaction

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