Another awesome panel for the Blockchain Lex Group x CryptoMondays Caribbean and CryptoMondays Africa joint webinar, expertly curated and moderated by Brian Sanya Mondoh
"#BOOM! Incredibly exciting insights from the December 2024 Blockchain Lex Group x CryptoMondays Caribbean and CryptoMondays Africa joint webinar: 'Bridging the Gap: Revolutionising WEB3 with Real-World Asset Tokenisation. This was our last event for the year 2024 and was nothing but FIREEEEEE!!! Rrrraaaa 🔥🔥🔥🔥🔥🔥🔥 🔹 Scott Pounder highlighted the importance of verifying asset legitimacy and how blockchain analytics enhance investigative efficiency compared to traditional methods. 🔹 Susana Esteban emphasised the need for legitimacy and due diligence in tokenised assets, and the coexistence of tokenisation and CBDCs in a clear regulatory landscape. 🔹 Odelia Torteman focused on the potential for new revenue streams through tokenisation and stressed the importance of interoperability and industry-led standards. 🔹 Katharine Wooller called tokenisation the greatest blockchain application, advocating for regulatory clarity and increased public accessibility to the tech. 🔹 Keniel Ledgister discussed the Caribbean's regulatory challenges, advocating for global coordination and self-regulation within the industry. 🔹 Sara Adami-Johnson stressed strong governance frameworks and trust-building to address regulatory concerns and improve adoption. 🔹 Leon Hurd emphasised tech-agnostic regulation and the importance of proactive compliance to navigate the regulatory landscape. 🚀 Key Takeaways 🚀 📌 The pace of regulatory changes remains slow, with significant advancements not expected in the immediate future. Cybersecurity continues to pose a substantial risk, particularly with the prevalence of ransomware. Addressing basic information security practices is essential to mitigate these threats. 📌 There is a pressing need for stronger consumer protection measures within the tokenisation ecosystem. The industry must proactively develop self-regulation and comprehensive compliance frameworks to build trust and safeguard users. 📌 The intersection of AI and blockchain offers both opportunities and challenges. There is a growing push for institutional-grade platforms and digital identity frameworks, with potential global impacts as more regions advance in tokenising real-world assets. Big up yuhselves XRPL Commons David Bchiri Cassie Hirsh Elisa Bailly Melanie Damour for the support!!! Missed the session? Watch the recording here; https://lnkd.in/eitN8Pjp For sponsorships, bookings and queries email us at admin@blockchainlex.io.