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In the new press release, Mastercard said that the company is combining the RWA (Real-World Asset) tokenized protocol because the company believes that the blockchain is the future of business loan transactions due to efficiency.
“Blockchain technology has the potential to change the way businesses pay each other. In 2025, complicated work to solve the world’s business transactions should sometimes wait for a few days as banks communicate and synchronize their accounts. On the other hand, the blockchain can quickly handle and settle the deal at any time on the day of the week. ”
Ian de Bode, the chief strategic director of OnDO, said in an interview with Mastercard that it could avoid the limited framework of traditional finance by tokenizing traditional assets such as gold and oil securities and trading through the blockchain.
“If you put traditional assets, such as investment security, in the block chain, you can make transactions for 24 hours and integrate into a smart contract.
You can do so without a centralized other. 24/7 does not rely on the infrastructure of traditional financial services that do not work and tend to be quite silent. ”
De Bode will be faster than most people believe, “tokenized stocks, ETFs) and the ability to borrow chains.
OnDO is trading at $ 0.967 for writing and decreases 1.8% over the last 24 hours.
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Created image: Midjourney
Main image: ShutterStock/Andy Chipus