Phase 3: real world asset incorporation

Real World Assets (RWAs) refer to tangible and intangible assets from the physical world that are tokenized and represented on the blockchain. This process allows these assets to be digitally owned, traded, and utilized in decentralized finance (DeFi) and other blockchain-based ecosystems. RWAs have revolutionized the blockchain ecosystem in the past few years and have taken over traditional markets such as in real estate, commodities, and intellectual property. The key benefit is in the fractionalization of assets to make it more accessible to the public through tokenization. The most practical use-cases have been in the fractional ownership of properties allowing smaller investors to participate in real estate markets and high-valued commodities trading such as gold. Other trials have been in the supply chain management side of industrial goods to provide authenticity, transparency, and traceability of goods.

In references to the use cases stated above, our next phase is focused on the RWA-based tokenized protocol to provide the necessary infrastructure and tools to empower anyone to create and manage RWAs seamlessly. Specifically, the integration of Real World Assets into the renewable energy sector through the tokenization protocol can revolutionize project financing and ownership. RWA is our next tool in the digitalization of renewable energy, by utilizing key aspects of RWA methodology to make RE investments more accessible, transparent, and efficient.

Use-cases

1. RWRA (real world renewable assets)

Since the introduction of redi dr, we have managed to include real-world renewable assets (RWRA) and bridge traditional operators with web3 participants. By enhancing transparency and traceability with the automated smart contract mechanisms, the profits from the redi dr play rounds (since season 2) have been distributed to the RWRA owners accordingly. With the pilot version of the RWRA mechanism proving high traceability, we aim to increase more RWRA into the web3 ecosystem, to allow for greater portfolio diversification, and thus more outlets to distribute greater source of revenue to RWRA users already participating in the redi ecosystem.

1. RWRA tokenization and funding (pending)

Our upcoming attempts will be in the prospects to integrate RWA methodology into the realm of renewable energy financing. By providing a RWA protocol to break down utility-scale assets into approachable asset sizes, tokenization of RWRAs can enable crowdfunding for existing as well as upcoming solar power projects. As with the initiatives that started the redi dr, our aim is to democratize access to renewable energy by increasing the liquidity of solar assets to accessible sizes so that individuals and firms alike can participate in the solar ecosystem, while at the same time increasing outlets for greater profitability to solar asset operations. The idealization of the RWRA tokenization is also pertaining to the STO related regulations and specific guidelines that are currently in review internally. In other words, mass adoption of blockchain-based P2P energy trading can be prolonged due to the lack of regulatory frameworks, but the tokenization of real-world renewable assets has the potential to act as the preceding stepping stone to accelerate the digital transformation of renewable energy, and this prospect is widely agreed upon by many partners and participants in the current redi ecosystem.