Co-founder Arthur Breitman will discuss tokenized XU3O8 and the potential of real-world assets (RWAs) in a session titled “Tokenization & Asset Management
Tezos will be present at the NFT Paris conference on February 13th in Paris. Co-founder Arthur Breitman will participate in a session titled “Tokenization & Asset Management: Unlocking the Power of Real-World Assets” on the RWA Stage, where he will discuss tokenized XU3O8 and the potential of real-world assets (RWAs).
The conference will feature discussions on various topics related to non-fungible tokens (NFTs), including their evolution, legal frameworks, and integration with traditional finance. Attendees will have the opportunity to engage with industry experts, artists, and collectors.
Tezos, known for its energy-efficient blockchain and advanced smart contract capabilities, has been actively involved in the NFT space. The platform offers a favorable environment for minting, collecting, and trading NFTs, thanks to its low transaction fees and support for gasless transactions.
As an invitation to the conference, XTZ Info tweeted:
“Join Tezos co-founder Arthur Breitman at NFT Paris on February 13th! He’ll be discussing tokenized XU3O8 and the potential of real-world assets (RWAs) in a session titled ‘Tokenization & Asset Management: Unlocking the Power of Real-World Assets’ on the RWA Stage.”
Tezos is a distinctive blockchain platform architected to facilitate and govern decentralized applications (dApps) and smart contracts. Its foundation is built on a decentralized governance system that enables blockchain modifications through a community-led decision-making process.
Operating on a unique iteration of Proof of Stake (PoS) mechanism known as Liquid Proof of Stake (LPoS), Tezos allows participants owning more than 6,000 Tez (XTZ) to become delegates, or “bakers”. These bakers are responsible for creating, signing, and publishing new blocks on the Tezos blockchain, and endorsing blocks produced by other bakers. Furthermore, the network utilizes the Michelson programming language for the creation of smart contracts, which engage with the network’s cryptocurrency, Tez, for transaction execution and gas payment.
The native token of Tezos, XTZ, or Tez, plays a multifaceted role within the ecosystem. It serves as a reward for participation in the creation and endorsement of new blocks, either directly or through delegation. It functions as a voting mechanism within the decentralized governance system. Additionally, it is a means of value transfer and is used to pay for gas, the unit of computational effort in Tezos, necessary for executing transactions and interacting with smart contracts.
