Please read the question, attached PPTS, instructions thoroughly and then start working on my question. Make sure no plagiarism and dont forget to add references

In blockchain, a token is a digital representation of a unit of value. This unit of value can be assigned to anything deemed valuable by society, be it digital assets or digital representations of real-world assets. Bitcoin and ether derive their value from the shared belief amongst a large number of individuals and institutions. Similarly, the U.S. dollar and many other traditional fiat currencies are valuable because of the shared belief in the government. The fact that the traditional financial system is in many ways less fluid and flexible than the internet has prevented many areas of value creation. Tokenization enabled through blockchains unlocks incredible value creation opportunities for enterprises.

Tokens can be created to represent the entirety or portion of a real-world entity. Entities could be natural goods, like gold or oil, real estate properties, financial instruments, and more. Tokenization enables previously large, non-liquid assets to be split into smaller and more liquid components. This can create greater freedom in the trading of these assets and decrease illiquidity premiums, which improves process efficiency and creates additional sources of value. It is important to know that there are also private blockchain offerings looking at tokenization. Kaleido, an enterprise-focused blockchain-as-a-service platform, offers a solution called Ether Pool, which gives consortiums a token to map to assets.

Please read this article in addition to the one listed for the week’s reading.

https://www2.deloitte.com/content/dam/Deloitte/lu/Documents/financial-services/lu-tokenization-of-assets-disrupting-financial-industry.pdf

This week we explored the concept of Tokenization. Three important protocols discussed were Secure Multi-Party Computation (SMPC), Policy-Backed Token (PBT) and Open Asset Protocol (OAP). Compare and contrast these three protocols and explain which industries can benefit the most from each of these protocols.

Please make your initial post and two response posts substantive. A substantive post will do at least TWO of the following:

• Ask an interesting, thoughtful question pertaining to the topic
• Answer a question (in detail) posted by another student or the instructor
• Provide extensive additional information on the topic
• Explain, define, or analyze the topic in detail
• Share an applicable personal experience
• Provide an outside source (for example, an article from the UC Library) that applies to the topic, along with additional information about the topic or the source (please cite properly in APA)
• Make an argument concerning the topic.

At least one scholarly source should be used in the initial discussion thread. Be sure to use information from your readings and other sources from the UC Library. Use proper citations and references in your post.