Thread by @FuzzieLabs

. @mattereum litepaper takeaways.
An automated custodian becomes an asset’s legal owner and registrar, maintaining the authoritative register of interests in the asset.

This enables the unbundling of legal ownership, financial beneficial interest,
and possession or use of the asset.

The tokenized beneficial interest in the asset becomes tradable, and use becomes licensable using smart contracts or utility tokens.

This approach enables enforcement of a smart contract based
on the registrar’s property rights, without requiring any new legislation.

API usage : buy things, wholly or as a percentage, create licenses for use, or stake assets as collateral.

Asset Passports:- Identify property in the same way that URLs identify information.

The Smart Property Register:-

Authoritative because the registrars hold legal title to the registered assets and act in respect of those assets. If the register says you acquired legal title, you did, and any other claim which is not recorded on the register is disregarded.

Single source of truth in the same way the blockchain is the definitive record of who owns which tokens.

Efficient discovery of availability and price radically changes the value of assets. Money is almost entirely trapped by information scarcity. (Someone's a Hayek fan).

The current generation of marketplaces sell services from assets, not the underlying assets themselves. A revenue share associated with the rental income from the property could also be for sale in the same marketplace.

With the right interfaces, there are no sleeping assets: everything is on sale all the time. Everything is both in use, and also being warehoused for other potential users.

Hernando de Soto’s work on the “mystery of capital”:

Clear, enforceable property rights for land are huge facilitators of economic development because it allows the poor to borrow money to make investments in their own productive capacity, bringing them out of poverty.

As a business, tying up your working capital as stakes to underpin deals makes no sense. Working capital should be working.

With the Smart Property Register, you can credibly stake your assets and continue to use them. Working capital is preserved, but your ability to sign contracts with counterparties around the world has dramatically increased, because your stake signals credibility.

There are two kinds of right that are obvious candidates for tokenization.

The first is the financial beneficial interest,

The second is the right of use.

The Mattereum Smart Property Register breaks down the traditional concept of ownership, separating out legal title, financial beneficial interest, and possession or use of an asset.

Tomorrow, we will be ensuring that forests, rivers and oceans are maintained and managed for generations to come.

By fully accounting for carbon costs over the asset lifecycle, we enable carbon-neutral or carbon-negative usage to be built right into the legal structure of the asset itself.

/fin.
The above thread is comprised of direct quotes from the @mattereum litepaper.

Mattered litepaper available for download here:
mattereum.com/upload/iblock/…