We will be talking about everything Web3 and Blockchain. Apart from the weekly Podcast, we will also use this platform to include keynote speeches our team presents. We will keep this light and fun, and easy to listen to. We will dive deep into the technology from time to time, but our goal is to educate and bring all of you on the Web3 journey with us.
We will talk about popular technologies such as Blockchain, Development, NFTs and Crypto, and please be advised whatever is spoken about here is not financial advice.
The main topic of the Blockstars Web3 Weekly Episode 49 is the intricate relationship between cryptocurrency and real world assets, particularly from a legal viewpoint. The episode is hosted by experts Sarah and Jabz who delve into the intricate issues touching tokenisation, asset custody, and the crossroads of digital and physical assets.
This episode elaborates on tokenisation that is characterised as the practice of converting physical assets in the form of gold, real-estate, and even sneakers into digital assets on blockchain platforms making them tradable and accessible anywhere in the world.
Legal Challenges - Looks into the challenges of determining the value and ownership right of virtual assets as tokenised assets especially in the event of a law suit or divorce case.
What is tokenisation in development? Is tokenisation the same as blockchain?
Custody and Trust: Looks at the custody element of the tokenised assets, who holds the asset and whether the intermediaries are trustworthy to honestly reflect these assets on the blockchain.
Global Legal Framework: Highlights the complexities of the global nature of blockchain and tokenised assets, differences in legal standards and regulations of different jurisdictions.
Family Law and Cryptocurrency: Addresses the family law perspective on cryptocurrency where the aspects that are difficult in the field include disclosure, valuation and division of assets in legal settlements.
What is legal systems adaptation to complex tokenised real-world assets?
What impact does the borderless feature of blockchain have on international legal standards and regulations?
Under what conditions the tokenisation of real-world assets can be transparent and trusted?
How much does it cost to tokenise an asset?
How do you develop a tokenised asset?
What are the prospects of application of cryptocurrency to the traditional asset markets?
What are the remedies that are available to people to protect their digital assets in court battles or in cases of divorce?
The Episode 49 talk gives the view on the intricate interaction of cryptocurrency with material assets and emphasises the importance of transparent legal frameworks and safe custody services. As the world moves towards a more digital asset ecosystem, the talk reinforces the need for legal systems to evolve and address the unique challenges that blockchain technology and tokenisation present.
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Hope you guys Enjoy this light hearted episode! Tell us what else you would like us to cover on Blockstars Web3 Weekly.
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