Description
We explored the concept of Tokenization.Three important protocols discussed were Secure Multi-Party Computation (SMPC), Policy-Backed Token (PBT) and Open Asset Protocol (OAP).
Q1) Compare and contrast these three protocols and explain which industries can benefit the most from each of these protocols.
Please make your answer substantive. A substantive answer will do at least two of the following:
1) Ask an interesting, thoughtful question pertaining to the topic
2) Answer a question (in detail) posted by another student or the instructor
3) Provide extensive additional information on the topic
4) Explain, define, or analyze the topic in detail
5) Share an applicable personal experience
6) Provide an outside source (for example, an article from the google scholarly article) that applies to the topic, along with additional information about the topic or the source (please cite properly in APA)
Make an argument concerning the topic.
At least one scholarly source should be used in the answer. Be sure to use information from your readings and other sources from the google scholarly article. Use proper citations and references in your answer.
Readings:
Dulani Jayasuriya Daluwathumullagamage, & Alexandra Sims. (2020). Blockchain-Enabled Corporate Governance and Regulation. International Journal of Financial Studies, 8(36), 36. https://doi.org/10.3390/ijfs8020036
Shin, D., & Hwang, Y. (2020). The effects of security and traceability of blockchain on digital affordance. Online Information Review, 44(4), 913.
X. Li, X. Wu, X. Pei and Z. Yao, “Tokenization: Open Asset Protocol on Blockchain,” 2019 IEEE 2nd International Conference on Information and Computer Technologies (ICICT), Kahului, HI, USA, 2019, pp. 204-209.http://ieeexplore.ieee.org/stamp/stamp.jsp?tp=&arnumber=8711021&isnumber=8710850
https://www2.deloitte.com/content/dam/Deloitte/lu/Documents/financial-services/lu-tokenization-of-assets-disrupting-financial-industry.pdf
Additional Resources for our concept this week:
https://medium.com/coinmonks/asset-tokenization-on…
https://www.etorox.com/blockchain-academy/what-is-…
https://hackernoon.com/tokenization-of-digital-ass…
https://www.iisd.org/library/tokenization-infrastr…
https://www.elev8con.com/what-is-tokenization-a-gu…
https://www.slideshare.net/badros/blockchain-tokenization
REQUIREMENT
1. APA Format 7th edition
2. Word count -1500 words