Worldline Contributes To Tokenise Europe 2025 Report To Help Organizations Starting Their Tokenization Journey

world line [Euronext: WLN], a global leader in payment services, has contributed to a report titled “Tokenise Europe 2025: An initiative to drive tokenization”. The European Commission and the Association of German Banks co-founded an initiative on the importance of tokenization with the support of the consulting company Roland Berger and the participation of more than 20 member organizations from France, Germany, Portugal, Italy, Liechtenstein, Sweden and other countries. Spain.

Key Findings and Viewpoint Worldine:

Europe must become more attractive to digital business models in order to strengthen European competitiveness.

A successful token economy can create new services and business models in many industries. However, the importance of tokenization for Europe, that is, the transfer of real assets (digital or otherwise) to the blockchain, is usually underestimated.

In the context of this report, a token is a digital asset combined with information and assignable digital rights. A token is a link (i.e. an identifier) ​​that is mapped to sensitive data through a tokenization system and can represent either tangible physical assets or intangible assets that themselves only exist in digital form.

How can tokenization change our lives?

Thanks to the breakthrough in distributed ledger technology (e.g. blockchain), tokenization has spread to many areas and can cover many use cases, such as payment with a digital car wallet, stablecoins or future digital euro, creation of a digital twin and digital ID, M2M protection. communication.

A simpler regulatory framework and more digital know-how can spur innovation

Worldline experts and colleagues on the ground are collaborating to create an interoperable trust layer to deliver all the truly digitized and automated services we have come to expect, allowing Europe to improve its services and ideally lead the industry forward.

With its years of technology experience and expertise in transaction and payment management, including complex security and regulatory restrictions, Worldline is ideally placed to support industry players, banks, government agencies, transport operators, and others by opening up the token economy to them, thereby improving transparency. , security and efficiency of all their transactions.

Europe should fully exploit the potential of tokenization in the coming years. The introduction of the token economy in financial markets will lead to increased efficiency, security and trust while significantly reducing costs and complexity.

Tokenise Europe 2025 Report Available here.

Worldline Post Contributes To Tokenise Europe 2025 Report To Help Organizations Starting Their Tokenization Journey First Appeared On Fintech Finance.

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