Introducing Real-World Utility

RWA’s - real-world assets brought on-chain in some way, shape, or form - are ready for prime time. According to the Boston Consulting Group (BCG), the total value of tokenized illiquid assets, such as real estate and natural resources, is projected to reach $16.1 trillion by 2030. However, the term RWA is broad. The greatest opportunity within the RWA domain lies in discovering applications that offer actual real-world utility; utility that may only be possible to deliver via blockchain due to its ability to provide transparency, immutability, and on-demand liquidity. Parcl introduces novel and actionable use cases for RWAs, coining it: RWU – real-world utility.