Published on 06 May 2021

How decentralisation and tokenisation could revolutionise society

TODAY

Dr Dylan Loh, an assistant professor at the Public Policy and Global Affairs Division, NTU, wrote a commentary on how decentralisation and tokenisation could revolutionise society. He writes that decentralisation and tokenisation enable the conversion of virtual and physical assets into tradable digital units on the blockchain, which is decentralised, thus ensuring public, inviolable proof of ownership and authenticity. In that way, beyond the niche world of non-fungible tokens (NFTs), a “decentralisation-of-things” and “tokenisation-of-things” may usurp the “internet-of-things” over the course of the next decades.

Read the article here.

Photo: Pierre Borthiry on Unsplash