• 34ºc, Sunny

Slow Mist Cosine: RWA should have many opportunities to integrate with entities in the future

According to a live report, Cosine, the founder of Slow Mist, pointed out in the roundtable forum entitled "Looking at the Possible Path of RWA Linking to New Global Opportunities in the Future": Once RWA is implemented with relevant smart contracts, we must first make sure that there will be no vulnerabilities, because everyone knows that as long as it is based on the blockchain to issue assets, it is facing attacks from all over the world; secondly, there are a lot of money laundering risks in the industry, and it is necessary to pay more attention to anti-money laundering issues on the public blockchain. The regulatory policies of many project parties are different. The assets I see can be divided into two categories: one is stable, such as US Treasuries, gold and other convertible assets; the other is using RWA gimmicks to issue tokens, which may hide some transaction risks. We see that there are many risks on public blockchains, and reputation and endorsement are crucial. The essence of blockchain is that it can solve the problems of human future development, and RWA should have many opportunities to integrate with entities in the future.