The nonprofit blockchain industry group announced on July 29 that it has formed a working group to set standards for tokens that can be used in these carbon emissions trading programs.
Business, blockchain firms push token standards
The InterWork Alliance says uniformity is badly needed if asset tokenization is going to achieve its potential and disrupt the global economy
Big names including ING, Microsoft, and Nasdaq have joined forces with blockchain leaders like Hedera Hashgraph, Neo, and Hyperledger in a new alliance that aims to create global standards for tokenizing real-world assets.
State Street survey: 94% of big asset managers to invest in crypto by 2020
The financial services giant found excitement around tokenized assets and bullishness on a 2020 bitcoin ETF
According to a survey by State Street Corporation, 94% of the 101 asset managers and owners with $100 billion-plus portfolios said they either have digital assets under management or are planning to add them in 2020.