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Crypto Why Bother
@CryptoWhyBother
Passionate about Investing, Crypto and AI || Contrarian with conviction || Crypto is inevitable || No one has to change - survival is optional
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Jan 10, 2023
•
11 tweets
•
5 min read
🟠
#Crypto
use case insights
Ep. 5️⃣ - Centrifuge
• Purpose: DeFi lending based on tokenized real-world assets (RWAs)
• Chain: Polkadot parachain
• Launched in 2020
🧵👇
@centrifuge
#RWA
#Polkadot
@Polkadot
#DeFi
Real-world assets (RWAs) are tangible assets or financial primitives that are not crypto-native:
• Cash
• Metal (gold, silver, etc.)
• Real estate
• Corporate debt
• Insurance
•Salaries
• Invoices
• Consumer goods
• Credit notes
• Royalties
etc.