Digital Bytes S4 E9 March 1st - Featuring Kam Patel CEO of Custodiex with James Tylee and Jonny Fry
Description
Fractional ownership of real estate - fractional ownership of real estate traces its roots back to the 1960s in the form of REITs and timeshares. Whilst the size of tokenised real estate is relatively small at $200billion - given that the global real estate market is over $326trillion - there is huge scope for growth of tokenised real estate. Since residential property sector accounts for 80% of the real estate market, tokenisation of peoples’ home offers a massive, broadly untapped opportunity.
Crypto charity tokens: what exactly are they? - the majority of the burgeoning interest in Bitcoin and other digital currencies is motivated by personal financial gain and financial innovation. Simultaneously, there is an intriguing trend toward using cryptocurrency for charitable causes. Not only do hundreds of organisations accept Bitcoin and other digital currency donations, but new institutions that use digital tokens - together with their underlying cryptography-based technology known as the blockchain - are developing in innovative ways. These daring projects have the potential to alter the charitable industry.
Pros and cons of hardware wallets - hardware wallets store cryptocurrency offline, which means they are not connected to the internet; this is called “cold storage”. They are physical devices that look like USB sticks and work like simple, single-purpose computers. With a hardware wallet, your private key is used to digitally sign crypto transactions inside the device, which are then safely sent to the blockchain through a crypto bridge.
Custody of digital assets: an inflection year in 2023? - imagine a counterbalance with four weights: north, south, east and west. On the north and south scales, you have financial institutions (Tradfi & DeFi) balanced with the regulator, and on the east and west scales, you have security balanced with speed. With this in mind, you will begin to understand the elements driving custody in the world of digital assets.