With wild central bank intervention in financial markets, bond yields are touching their lowest in decades if not centuries. Central banks are telling us, not only that money is free, but you’ll get paid to borrow it.
Digital asset backed tokens solve the problem of purchase, storage, and exchange of commodities that exist in the real world. Gold for example is expensive to store, to move, and to transfer from one owner to another.
Central banks across the world are scrambling to get on the crypto currency bandwagon. The US Federal Reserve, European Central Bank and the Bank of England have each suggested some form of venture into the world of crypto currencies and crypto payments.