Tokenizing assets on the Solana blockchain could significantly reduce global transaction verification costs, according to Anthony Scaramucci and Kevin M. Smith. They suggest that the current $4 trillion annual expenditure on transaction verification could be slashed by approximately 75% through this method. This development is seen not merely as an upgrade but as a potential global repricing of trust, highlighting the transformative impact of blockchain technology on financial systems.
Tokenizing Assets on Solana Could Cut Transaction Verification Costs by 75%
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