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Within the late 2000’s, the Hiptop/Sidekick turned the primary smartphone to not be focused at enterprise clients, however as a substitute, youthful customers.
It had a display screen that you just needed to slide as much as unlock, finishing a 180 diploma spin within the course of (v cool), and its software program later advanced into Android.
The piece of reports we’re about to cowl is related to crypto, the identical approach the Hiptop was related to the cell trade.
The crypto change Woo X has tokenized US treasury payments and made them out there to retail clients.
Right here’s why this seemingly boring improvement is larger than you’d suppose:
There’s this narrative that claims all monetary merchandise will quickly transfer onto blockchain rails — it’s been touted by Twitter think-boys for years — and extra not too long ago: Larry Fink, CEO of BlackRock (the world’s largest asset supervisor).
However this is among the first instances a legacy monetary product (T-bills) have truly been made tradable on the blockchain (aka: tokenized).
And identical to the Hiptop proved there was demand for sensible units from broader customers (past simply enterprise customers), the tokenized T-bill will likely be a proving floor to indicate that there’s demand throughout the crypto house for legacy monetary merchandise (not simply the crypto-native tokens we now have now).
If demand could be confirmed, it’ll present there’s a buck to be made.
And if there’s a buck to be made, massive establishments will begin racing to tokenize as many legacy monetary merchandise as they’ll.
(Legitimizing the crypto sector and growing its worth within the course of).