Last updated
Last updated
MANTRA Chain is at the forefront of blending traditional financial markets with blockchain technology. In essence, Real World Asset (RWA) tokenization promises users a compliant and frictionless method to transfer full or fractional ownership of diverse assets across various jurisdictions and blockchain ecosystems. However, in reality, there are numerous obstacles at every stage of this process - from asset exchange to blockchain interoperability and jurisdictional transitions.
While tokenization has long been hailed as blockchain's allure for conventional finance, the initial assumption was that banks would exclusively develop and utilize their own proprietary blockchain solutions. Traditional industries, from finance to supply chain, invested billions in developing private blockchain-based enterprise networks to facilitate seamless tokenized value exchange between pre-approved intermediaries. The concept was that launching these sophisticated, albeit closed, digital networks would somehow invigorate traditionally illiquid assets such as real estate, equities, debentures, commodities, or art. However, closed networks remain inherently limited, and permissioned networks have yet to achieve critical mass. Current evidence suggests they may never do so in their present form.
“Permissionless blockchain for permissioned applications”
MANTRA Chain offers an innovative solution: a permissionless environment where permissioned applications can flourish. Instead of embedding compliance at the consensus level, smart contract modules enable flexible, robust permissioning at the application layer as needed.