The Revolution Will Be Tokenised

The drivers for digital asset tokenisation are financial not technological.

Dateline: Amsterdam, 24th September 2024.

I’ve often told the story of when, as a junior deputy assistant under-consultant, I worked on my very first payments project in a financial institution. On day one I asked what problems we were trying to fix and I was told by a grizzled veteran of banking infrastructure they were the same problems as always: payments were too expensive, too slow and too opaque. I wonder if the long arc of my career is at last heading to address these fundamental issues.