Corporate Tokenization: The Quiet Revolution of Digital Commerce

The pace of technology adoption is constantly accelerating. In the mid-19th century, electricity took 46 years to be adopted in 25 percent of US households. Two subsequent innovations, the car and radio, required less time to achieve the same level of penetration (34 and 31 years, respectively). This trend continued into the 20th century, with the telephone (26), personal computer (16), cell phone (13), and the internet (7) each adopted faster than the last.

Blockchain technology and its diverse ramifications, including Web3 and the metaverse, are no exception. Their adoption rates were twice as fast as the internet’s was in the 90s, fueling exponential interest from financial institutions, retail investors, and businesses alike.

Another similarity disruptive technologies have is their nature of optimizing what already exists. For example, the early versions of the World Wide Web consisted of a few simple use cases, including email…