Learn how Camden Weiss and his team are revolutionizing the art world by tokenizing art on the XRP Ledger. In this video, he shares his insights into the benefits and process of using XRP Ledger to tokenize art for real world art dealers. Discover the future of art ownership and how blockchain technology is transforming the art industry.
#xrp #tokenization #xrpl
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00:00One of the things that, of course, attracted us to the XRP ledger and XRP specifically is the power of real-time settlement.
00:08You look at the Bitcoins and Ethereans in the world, great technology, but not for that use case, right, from a speed, from a cost standpoint.
00:16And so, really, when I met him years ago at Art Basel in Miami, we hit it off over a host of things, but primarily around I, like him, realize the power of this technology and applying it to a person with domain conductivity and those relationships, but doesn't necessarily know how to execute and implement the tech.
00:38What we have really been working on in stealth that we're launching this year is leveraging the XRP ledger to tokenize these paintings and, via smart contract-driven logic, facilitate the escrow and the eventual settlement of that transaction.
