When Bitcoin came into the world, the market did not differentiate between Bitcoin and blockchain, blockchain is considered part of Bitcoin. Until later when the market is cooling, blockchain was pulled out as a separate technology. blockchain, as a revolution in science and technology that completely changes the way in which human credit is produced and the organization of productive, will mature with time.
But for now blockchain yet does not solve the problem of how to create user value on application. However, token has demonstrated a attribute as a unique financial instrument. Token economy, combined with the real economy, will take blockchain to a higher level.
In the traditional value system, only the things that can be recorded in the books can be exchanged for value and circulation, so bookkeeping is the basis for generating wealth. However, in the real world, the vast majority of things can not be quantified.
Imagine what the world will look like when standard and non-standard goods or services can be digitized and tokenized and uploaded to blockchain for low-friction, even zero-cost trading and cutting.
The most typical case is tokenized house and land assets. Previous house dealing can only be a whole, it is impossible to split a house into several and sell separately. But in blockchain, the value can be divided and circulated.
Blockchain is the new world’s background technology, token is the foreground economy formation. They are completely independent and both significant.
Don’t bind token with ICO or speculation, it can be more.
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