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<ul class="news-points">
 <li><strong>Ripple’s CTO, David Schwartz, argues that tokenization improves efficiency in asset transfer and ownership issues.</strong></li>
 <li><strong>He believes this simplification extends to financial activities like borrowing against an asset.&nbsp;</strong></li>
 <li><strong>Schwartz forecasted that XRPL would become a preferred platform for tokenization by 2025.</strong></li>
</ul>
<p>In a recent episode of Ripple’s “Crypto in One Minute” <a href="https://www.youtube.com/playlist?list=PLl-QsmXvjodppG6f2B3IWirw13VwVZQSC" target="_blank" rel="noopener noreferrer nofollow">series</a>, the company’s CTO, David Schwartz, unpacked the transformative potential of tokenizing traditional assets with blockchain technology.</p>
<p>Schwartz began by referencing Albert Einstein’s adage that a true grasp of a concept is evident in the ability to explain it concisely. He then embarked on a mission to condense the complexities of blockchain tokenization into a bite-sized explanation.</p>
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   <p lang="en" dir="ltr">“If someone can’t explain something in 60 seconds, they probably don’t understand it.” — Albert Einstein or Ripple CTO David Schwartz<br><br>This <a href="https://twitter.com/hashtag/CryptoInOneMinute?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#CryptoInOneMinute</a>, <a href="https://twitter.com/JoelKatz?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@joelkatz</a> explains how tokenization enhances efficiency, proving that real understanding doesn't need a full minute."<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/23f1.png" alt="⏱" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/DvMqYuVoNC" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/DvMqYuVoNC</a></p>— Ripple (@Ripple) <a href="https://twitter.com/Ripple/status/1794102457552785678?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 24, 2024</a>
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<p>Schwartz emphasized that tokenization can streamline process…</p>
<p>The post <a href="https://coinedition.com/ripples-one-minute-crypto-lesson-how-tokenization-could-change-everything/" rel="noopener noreferrer nofollow">Ripple’s One-Minute Crypto Lesson: How Tokenization Could Change Everything</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Ripple’s One-Minute Crypto Lesson: How Tokenization Could Change Everything

Coin Edition

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