Tokenization can replace paper documents with code, thereby reducing the friction that leads to high costs and time-consuming asset transactions, and transforming large, unlisted assets (such as real estate or infrastructure) into smaller, more accessible units.

Today, the development stage of tokenization is roughly equivalent to the period when three of the "Big Seven Tech Companies" had not yet been established. Its development speed will be comparable to the speed of the Internet's development and will achieve tremendous growth within a few decades. In the future, all types of assets can be bought, sold, and held through a single digital wallet.

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