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Understanding Jiritsu in One Article: Former BlackRock Asset Manager Joins, Cryptonative RWA Solution
Blockbeats 精选Jul 8, 2024
#DeFi

Emerging Trend in the Cryptocurrency Sector: Real-World Asset Tokenization (RWA). Recent data shows that RWA is the only crypto narrative that has seen an increase in the past three months apart from memes. This trend has been further fueled by BlackRock's launch of the BUIDL on-chain fund, attracting widespread market attention.

Increasing Demand for RWA in the Market, Yet Facing Liquidity Fragmentation Issues. Tokenizing real-world assets can enhance trading and settlement efficiency, but technical challenges and market fragmentation lead to liquidity fragmentation, limiting its growth. Over 60% of RWA institutions trade through their own token markets, resulting in only a small portion of fixed customers being attracted after assets are tokenized.

The Jiritsu Project Introduces Innovative Technology to Address RWA Challenges. Jiritsu utilizes ZK proofs and MPC multi-party computation to automate the registration and verification of off-chain assets, improving economic efficiency and transparency while reducing on-chain costs. Jiritsu's technology allows for secure, private verification of asset details and embeds regulatory compliance and asset integrity into tokenized products.

Cross-Chain Interoperability Provides New Opportunities for the RWA Market. Jiritsu not only addresses the limitations of a single public chain but also, through its oracle system, aggregates and verifies information without the need for cross-chain bridges. This system enhances interoperability between different public chains, bringing new development opportunities to the RWA market.

Team and Funding Support Accelerate Project Development. Founded by renowned scholars and successful entrepreneurs, Jiritsu has completed two funding rounds totaling 10.20 million US dollars. The addition of a former BlackRock asset management manager will further drive the project's development, especially in the development and adoption of the UVC platform and Tomei RWA.

Summary: Through its innovative technological solutions, the Jiritsu project not only enhances liquidity and market efficiency for RWA but also brings new growth momentum to the asset tokenization market. With technology maturation and market acceptance, Jiritsu is expected to have a greater impact in the RWA sector.

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Understanding Jiritsu in One Article: Former BlackRock Asset Manager Joins, Cryptonative RWA Solution
Blockbeats 精选Jul 8, 2024
#DeFi

Emerging Trend in the Cryptocurrency Sector: Real-World Asset Tokenization (RWA). Recent data shows that RWA is the only crypto narrative that has seen an increase in the past three months apart from memes. This trend has been further fueled by BlackRock's launch of the BUIDL on-chain fund, attracting widespread market attention.

Increasing Demand for RWA in the Market, Yet Facing Liquidity Fragmentation Issues. Tokenizing real-world assets can enhance trading and settlement efficiency, but technical challenges and market fragmentation lead to liquidity fragmentation, limiting its growth. Over 60% of RWA institutions trade through their own token markets, resulting in only a small portion of fixed customers being attracted after assets are tokenized.

The Jiritsu Project Introduces Innovative Technology to Address RWA Challenges. Jiritsu utilizes ZK proofs and MPC multi-party computation to automate the registration and verification of off-chain assets, improving economic efficiency and transparency while reducing on-chain costs. Jiritsu's technology allows for secure, private verification of asset details and embeds regulatory compliance and asset integrity into tokenized products.

Cross-Chain Interoperability Provides New Opportunities for the RWA Market. Jiritsu not only addresses the limitations of a single public chain but also, through its oracle system, aggregates and verifies information without the need for cross-chain bridges. This system enhances interoperability between different public chains, bringing new development opportunities to the RWA market.

Team and Funding Support Accelerate Project Development. Founded by renowned scholars and successful entrepreneurs, Jiritsu has completed two funding rounds totaling 10.20 million US dollars. The addition of a former BlackRock asset management manager will further drive the project's development, especially in the development and adoption of the UVC platform and Tomei RWA.

Summary: Through its innovative technological solutions, the Jiritsu project not only enhances liquidity and market efficiency for RWA but also brings new growth momentum to the asset tokenization market. With technology maturation and market acceptance, Jiritsu is expected to have a greater impact in the RWA sector.

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