Zoniqx: Built on XRPL Series | Episode 2

Summary

Sanjay Barari, one of the founders and business officers of ZonX, discusses their platform's ability to tokenize any asset class, including commercial real estate debt or equity, within 48 hours. By leveraging blockchain technology, ZonX transforms asset ownership interests into digital tokens, compliant with jurisdictional regulations. The platform is compatible with various blockchains, highlighting the XRP Ledger's (XRPL) robust ecosystem, which offers institutional support, regulatory compliance, and increased liquidity, signaling a bright future for the tokenization industry.

Takeaways

• 🚀 Sanjie Barari is one of the founders and the business officer of ZonX, a company that started in 2017 and has tokenized nearly $5 billion in assets.
• 🔑 ZonX provides an infrastructure that enables any issuer to tokenize assets, including commercial real estate debt or equity, in just 48 hours.
• 🔗 Tokenization involves converting the ownership interest of any asset into digital tokens, which can be integrated with various blockchain chains.
• 📜 The process of tokenization places asset ownership on the blockchain, allowing for the division of ownership interest into multiple tokens.
• 💼 These tokens are issued as securities that comply with the regulatory standards of the jurisdiction where the asset class is located.
• 🌐 XRPL (Ripple) is highlighted as an excellent ecosystem for tokenization, with its native token standards and a focus on compliance and regulatory standards.
• 🏦 XRPL boasts a strong institutional ecosystem, with major banks already working with the platform, contributing to significant liquidity and adoption.
• 📈 Over the past six years, the adoption level of XRPL has increased substantially, indicating growing institutional involvement in the blockchain space.
• 🌟 Sanjie Barari believes that the future is extremely bright for organizations like ZonX, suggesting a positive outlook for the tokenization industry.
• 🎵 The transcript includes background music, indicating that this is likely a promotional or informational video about ZonX and its services.

Q & A

What is the primary service offered by ZonX?

ZonX provides a platform for tokenizing assets, allowing issuers to convert real-world assets into digital tokens within 48 hours.

Who is Sanjie Barari and what is his role in ZonX?

Sanjie Barari is one of the founders of ZonX and serves as the Business Officer.

When was ZonX founded and what has been its achievement to date?

ZonX was founded in 2017 and has tokenized assets worth almost $5 billion as of the time of the transcript.

What types of assets can be tokenized using ZonX's infrastructure?

ZonX can tokenize a variety of assets including commercial real estate debt, equity, and bank tokenization funds.

How does the tokenization process work in terms of asset ownership?

Tokenization converts the ownership interest of an asset into digital tokens, representing ownership on the blockchain.

What is the significance of issuing tokens as securities in the context of ZonX's services?

The issued tokens are compliant with the jurisdiction of the asset class, ensuring legal compliance and security for investors.

Why is XRPL considered one of the best ecosystems for blockchain according to the transcript?

XRPL is highlighted for its native token standards, compliance focus, institutional ecosystem, and the major liquidity and adoption levels it has achieved over the years.

What role do major banks play in the XRPL ecosystem as mentioned in the transcript?

Major banks working with XRPL contribute to its institutional ecosystem, enhancing liquidity and adoption.

How has the adoption level of XRPL evolved over the years?

The adoption level of XRPL has increased significantly over the last six years, indicating growing institutional involvement and acceptance.

What does the future hold for organizations like ZonX, according to Sanjie Barari?

Sanjie Barari believes that the future is extremely bright for organizations like ZonX, suggesting a positive outlook for the tokenization of assets.

What is the connection between ZonX and the XRPL ecosystem?

ZonX leverages the XRPL ecosystem for its tokenization services, benefiting from its robust institutional support and regulatory compliance.

Outlines

00:00

🚀 Rapid Asset Tokenization with ZonX

Sanjie Barari, one of the founders and business officers of ZonX, explains the company's ability to tokenize various assets, including commercial real estate debt or equity, within 48 hours. ZonX, established in 2017, has tokenized nearly $5 billion in assets to date. The process involves converting asset interests into digital tokens, placing ownership interests on the blockchain, and issuing these as compliant securities based on jurisdiction. The speaker emphasizes the ease of integration with any blockchain and the broad applicability of their tokenization infrastructure.

Keywords

💡Tokenize

Tokenization in the context of the video refers to the process of converting rights or interests in an asset into digital tokens. This is a key concept as it represents the core service offered by the company, allowing any issuer to digitize their assets. The script mentions that 'any issuer who wants to tokenize the asset' can do so within 48 hours, emphasizing the efficiency and accessibility of the process.

💡Asset

An asset in this video script is any form of property that can be tokenized, such as commercial real estate, debt, equity, or even a bank's tokenization fund. The term is central to the video's theme as it highlights the variety of assets that can be digitized and traded on blockchain platforms.

💡Blockchain

Blockchain is a decentralized and distributed ledger technology that underpins the tokenization process described in the video. It allows for the secure and transparent recording of transactions, making it an ideal platform for asset tokenization. The script mentions that assets' ownership interests are put 'on blockchain,' which is fundamental to the concept of digital asset ownership.

💡Digital Token

A digital token, as mentioned in the script, is the result of tokenization, representing an asset's ownership interest in digital form. These tokens can be traded and are a key component of the digital asset ecosystem, allowing for fractional ownership and increased liquidity.

💡Security Tokens

Security tokens are a type of digital token that represents ownership in a traditional asset and is subject to regulatory compliance. In the script, it is stated that the tokens issued are securities, which means they adhere to the regulatory standards of the jurisdiction where the asset class is located.

💡Regulatory Compliance

Regulatory compliance refers to the adherence to laws and regulations governing the issuance and trading of securities. The script emphasizes that the tokens issued are compliant, which is crucial for the legitimacy and trustworthiness of the tokenization process.

💡XRPL

XRPL, or the XRP Ledger, is highlighted in the script as an exemplary ecosystem for blockchain-based activities. It is noted for its institutional ecosystem, regulatory focus, and the presence of major banks, which contribute to its liquidity and adoption levels.

💡Liquidity

Liquidity in the context of the video refers to the ability to buy and sell assets quickly and in large volumes without affecting the asset's price. The script mentions that XRPL has 'major liquidity,' indicating that it provides a robust environment for trading tokenized assets.

💡Adoption

Adoption in this script refers to the acceptance and use of the tokenization process by institutions and the market. The speaker notes that 'the adoption level has increased quite a lot,' suggesting a growing trend of institutions entering the space of digital asset management.

💡Institution

Institutions in the video script are major banks and financial entities that are increasingly participating in the tokenization and trading of digital assets. The script implies that these institutions are key to the future growth and legitimacy of the tokenization ecosystem.

💡Future

The future, as discussed in the script, is portrayed as 'extremely bright' for organizations involved in tokenization. This reflects the optimistic view of the speaker regarding the potential growth and impact of digital asset management on the financial industry.

Highlights

Anchie offers a quick and efficient way to tokenize assets within 48 hours.

Founded by Sanjie Barari in 2017, Anchie has tokenized nearly $5 billion in assets.

Tokenization is the process of converting asset interests into digital tokens.

Anchie's infrastructure allows for the integration of tokenization with any blockchain.

Tokenization involves putting asset ownership interests on the blockchain.

Ownership interests are divided into multiple tokens and issued as securities.

Securities issued through Anchie are compliant with jurisdictional regulatory standards.

XRPL is praised for its institutional ecosystem and regulatory focus.

Major banks are already working with XRPL, enhancing its liquidity and adoption.

The future of tokenization and blockchain is seen as very promising by Anchie's founder.

Anchie's platform supports the tokenization of various asset classes, including real estate debt and equity.

Banks tokenization funds can also utilize Anchie's infrastructure for tokenization.

Anchie's platform is designed to be user-friendly for issuers looking to tokenize assets.

The platform ensures that the tokenized securities are compliant with the asset class's jurisdiction.

XRPL's ecosystem is highlighted for its native token standards and institutional partnerships.

Adoption of XRPL has increased significantly over the past six years.

Institutions are increasingly entering the space of tokenization and blockchain technology.

Transcripts

any issuer who wants to tokenize the

asset whether it's commercial real

estate debt or an equity and in 48 hours

they can be up and running to tokenize

any asset glass ZX take one

[Music]

mark my name is sanjie barari I'm one of

the founder of anchie business officer

of zonx we started in

2017 and um up till today we have done

almost close to around $5 billion of

assets are tokenized any issuer who

wants to tokenize the asset whether it's

a real world asset from say U commercial

real estate debt or an equity or a uh

Banks tokenization fund they can just

take our uh take infrastructure and in

48 hours they can be up and running to

tokenize any asset class and it can

actually integrate with any chains so

tokenization is nothing but converting

any interest of any asset into a dig

digal asset digital token so we are

actually putting that assets ownership

interest on blockchain and once you do

that you basically owning that

particular asset on chain and that

ownership interest we divide it into

multiple tokens and we issue those

tokens as a security those Securities

are actually compliant based on the

jurisdiction where the asset class is

xrpl is one of the best ecosystem in

terms of uh you know the blockchain is

concerned the best example is like their

native token standards the compliant

focused you know uh combination of

compant focused regulatory standards

xrpl has got the best institutional

ecosystem where they you already have

you know major Banks actually working

with you and actually U you know it

creates a major liquidity the adoption

level has increased quite a lot over the

last 6 years and I think we are at the

point where you know most of the uh

institutions have got into this space so

I think it's um you know the future is

extremely bright for for for

organization of our WS

[Music]