Tokenizing natural resources by joetunex

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hive-167922 · @joetunex · Jun 6 '22

$13.19

Tokenizing natural resources

It is becoming obvious we are advancing towards a tokenized world by the day, for the likes of us on Hive it has quickly become a norm, we blog to earn, walk to earn, play to earn and the list goes on as developments continues on the chain.  
This was nonexistence decades ago, with blockchain we are seeing opportunities arise on regular basis. 
Our world is rapidly advancing towards a digital world, most of our activities are now residing online making blockchain technology a suitable host for tokenization. 

![Joetunex.png](https://i.imgur.com/x5mQtCK.jpg)

Having physical property represented in a digital form is revolutionary, some of us here already own digital land(s), another way of seeing how much we are ahead of the masses out there. It will be interesting to see how the lands on Splinterlands generates revenue for renting, etc when it gets fully implemented into the game. 

Following the foot steps of El Salvador, Central African Republic recently legalized Bitcoin as tender, the country is already at work in exploring blockchain/cryptocurrency further... 


<blockquote class="twitter-tweet"><p lang="en" dir="ltr">The next step for us, the Central African Republic is the democratization &amp; tokenization of resources, a new chapter with tremendous possibilities.<br><br>This <a href="https://twitter.com/hashtag/vision?src=hash&amp;ref_src=twsrc%5Etfw">#vision</a> &amp; strategy will open unique <a href="https://twitter.com/hashtag/opportunities?src=hash&amp;ref_src=twsrc%5Etfw">#opportunities</a> for <a href="https://twitter.com/hashtag/investors?src=hash&amp;ref_src=twsrc%5Etfw">#investors</a> <a href="https://twitter.com/hashtag/worldwide?src=hash&amp;ref_src=twsrc%5Etfw">#worldwide</a>. <a href="https://twitter.com/hashtag/CAR?src=hash&amp;ref_src=twsrc%5Etfw">#CAR</a> <a href="https://twitter.com/hashtag/RCA?src=hash&amp;ref_src=twsrc%5Etfw">#RCA</a> <a href="https://t.co/v7mzlsUeTw">pic.twitter.com/v7mzlsUeTw</a></p>&mdash; Faustin-Archange Touadéra (@FA_Touadera) <a href="https://twitter.com/FA_Touadera/status/1532455939844063258?ref_src=twsrc%5Etfw">June 2, 2022</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Above is tweet from CAR's president expressing the country's next step towards tokenization of resources. This, should be opening up opportunities for the country's resources putting cryptocurrency to use. 

CAR is a wealthy nation but ranks as one of the poorest nations, this is very notable across the African continent, wealthy but poorest. With resources like gold, diamond, copper, fertile land, properly tokenized to accommodate global investors it might be luring foreign interests, the outcome of that is most likely to  boost the nation's economy. 

We are probably witnessing a new dawn for CAR, the country have made the plunge onto embracing Bitcoin which is a bold move considering the stance of the world's bigger nations, the process to utilizing crypto/blockchain is the crucial part. 
Hopefully we are witness a revolutionary move by CAR that will transform the country for the better, giving its people better life and opportunities. 

![4HFqJv9qRjVecs4xkhd5EvhidWEEBnn9tCVDBkBhQpUFvab78MhbU1Vuhsv2nJ2ugLQ4jgoYaT2PVTE1rv7F3KJvnDsHa35tCHLax2ssgUniFSQW5hn3YTimRBRATW8fsxoPk9AY3pXfRonvfdbrEjimyvnEwGLdDed.gif](https://files.peakd.com/file/peakd-hive/joetunex/23swXhgKFcQfjrRE3RFauGNWYSCD2e7BLuJZocW9sQ9yjMabkMbLqzRF5xFcaShJpBKw2.gif)
*Gif by @mariosfame*

***We owe it to ourselves to make Hive great***

![image.png](https://files.peakd.com/file/peakd-hive/joetunex/KvZG9M7z-image.png)
*Image by @doze*

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@joetunex/tokenizing-natural-resources)

👍 leo.voter, acidyo, jphamer1, mangos, taskmaster4450le, ogre-radio, pouchon, indiaunited, quochuy, p-hive, ocupation, rtonline, rynow, lbi-token, r1s2g3, empress-eremmy, adambarratt, bobinson, roger5120, captainquack22, olaunlimited, talesfrmthecrypt, barski, practicaleric, bitrocker2020, cryptothesis, smartvote, meltysquid, hykss.leo, dlike, contrabourdon, jfang003, ninnu, ireenchew, gniksivart, littlebee4, jmsansan.leo, spydo, dlmmqb, megavest, teamvn, opinizeunltd, dianadora, uwelang, roleerob, enjoyinglife, rufans, sacrosanct, jacuzzi, jlufer, leofinance, dwayne16, codingdefined, gadrian, kgakakillerg, maonx, ew-and-patterns, mrsbozz, mister-meeseeks, rmsadkri, eliel, krueger053, khaleelkazi, trangbaby, and 111 others

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@barski · Jun 6 '22

$0.02

Yes, the CAR is indeed a very rich country and when one wealth is added to another wealth there is a chance for great success.



Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@barski/re-joetunex-6puxsm)

👍 joetunex

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@joetunex · Jun 6 '22

RE: RE: Tokenizing natural resources

I wish great success for CAR, they are up to something great. Crazy how a rich country like that is one of the poorest 

Posted using [LeoFinance Mobile](https://leofinance.io)

👍 beemd

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@barski · Jun 6 '22

You look at the word success on the one hand, lol, it's a big success for the Hive if the CAR moneybags pay attention to the Hive. Yes, the country's finances are concentrated in a narrow circle, but this circle is no less rich than Elon Musk)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@barski/re-joetunex-ljbq4)

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9 replies

@dlmmqb · Jun 6 '22

$0.02

>CAR is a wealthy nation but ranks as one of the poorest nations, this is very notable across the African continent, wealthy but poorest. With resources like gold, diamond, copper, fertile land, properly tokenized to accommodate global investors it might be luring foreign interests, the outcome of that is most likely to boost the nation's economy.

There are also some real estate NFT projects that u can check.

!PIZZA

👍 joetunex

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@joetunex · Jun 7 '22

RE: RE: Tokenizing natural resources

Exactly a lot to experiment with, if the country taps into NFT it might present a good opportunity as well.

Posted using [LeoFinance Mobile](https://leofinance.io)

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@dlmmqb · Jun 7 '22

good luck. :)

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1 reply

@hivepakistan · Jun 6 '22

This post is suggested by @bhattg and manually curated by @dlmmqb from @hivepakistan curation trial.

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@indiaunited · Jun 6 '22

$0.02

Indiaunited Curation 1654527933715

This post has been manually curated by @bhattg from Indiaunited community. Join us on our [Discord Server](https://discord.gg/bGmS2tE). 

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<sub>**Please contribute to the community by upvoting this comment and posts made by @indiaunited.**</sub>

👍 joetunex

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@jfang003 · Jun 7 '22

I am looking forward to seeing if they do anything creative. After all, we only have El Salvador and the bonds that they released. It's going to be interesting to see how their economy will improve due to this.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-joetunex-3edqep)

👍 joetunex

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@joetunex · Jun 7 '22

RE: RE: Tokenizing natural resources

They have made a move that most countries are against, sure they will naturally want to prove themselves right by making sure crypto is working for them. Am keen on CAR's development as well, we will be watching 

Posted using [LeoFinance Mobile](https://leofinance.io)

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@littlebee4 · Jun 6 '22

$0.02

RE: Tokenizing natural resources

Yes, why not be one of the first. I think they are on to something. 
As we already know 😉


Posted using [LeoFinance Mobile](https://leofinance.io)

👍 joetunex

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@joetunex · Jun 6 '22

RE: RE: Tokenizing natural resources

I hope they implement things in a proper manner, it will really be of benefit to the country and it's people 

Posted using [LeoFinance Mobile](https://leofinance.io)

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@littlebee4 · Jun 6 '22

RE: RE: Tokenizing natural resources

I hope too, we will have to follow it and see what happens. 

Posted using [LeoFinance Mobile](https://leofinance.io)

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2 replies

@mistakili · Jun 6 '22

$0.02

Many people underrate how big this move will be. We will see sha

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@mistakili/re-joetunex-4bvbqv)

👍 joetunex

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@joetunex · Jun 7 '22

RE: RE: Tokenizing natural resources

We will see how development pans out, eyes are now on CAR as well as El Salvador, am happy CAR is leading the way in Africa.

Posted using [LeoFinance Mobile](https://leofinance.io)

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@pizzabot · Jun 6 '22

<center>PIZZA! 


PIZZA Holders sent <strong>$PIZZA</strong> tips in this post's comments:
@dlmmqb<sub>(5/5)</sub> tipped @joetunex (x1)


<sub>Please <a href="https://vote.hive.uno/@pizza.witness">vote for pizza.witness</a>!</sub></center>

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@poshtoken · Jun 6 '22

https://twitter.com/taskmaster4450/status/1533849766584627200
<sub> The rewards earned on this comment will go directly to the people(@taskmaster4450le) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>

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@rtonline · Jun 6 '22

$0.02

I think anyone who wants the good of their country and people should join the crypto market. They don't necessarily need to invest or buy crypto. The important thing is to achieve economic independence. I think cryptos are an opportunity for many countries.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rtonline/re-joetunex-3ghqr)

👍 joetunex

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@joetunex · Jun 6 '22

RE: RE: Tokenizing natural resources

I like CAR is moving in directions that could expose its people to crypto, it is an exposure in a way and people will start getting curious. It is an interesting move so far 

Posted using [LeoFinance Mobile](https://leofinance.io)

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@rtonline · Jun 6 '22

Definitely these are good moves going forward. It will be interesting to watch developments.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rtonline/re-joetunex-qyrlq)

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2 replies

@rynow · Jun 6 '22

$0.02

Interesting development, I wonder how the tokenization of resources would work?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rynow/re-joetunex-31cxdk)

👍 joetunex

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@joetunex · Jun 6 '22

RE: RE: Tokenizing natural resources

I wonder too, a lot to observe and learn from how things unfold in CAR. 

Posted using [LeoFinance Mobile](https://leofinance.io)

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@taskmaster4450le · Jun 6 '22

$0.02

It all has to do with property rights.

This is a major step for the developing world.  Natural resources really dont impact the average person per se but having real estate, as an example, tokenized and recorded on blockchain does.

So do businesses.

It is going to be very powerful.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-joetunex-3w5yqq)

👍 joetunex

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@joetunex · Jun 6 '22

RE: RE: Tokenizing natural resources

Hopefully we get to see more developing nations follow suit, trying out various ways in utilizing crypto for their benefits with transparency. 

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@taskmaster4450le · Jun 6 '22

Yes we need to see a lot of things changing.

The first part is to get citizens from those nations involved with crypto and blockchain.  That will start them on the ownership path since blockchain has built in property rights.

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1 reply

@temibot · Jun 6 '22

$0.02

This is quite a bold move from the CAR's president. Tokenizing natural resources... I believe this will enlighten more people in the sense that the blockchain aint for crypto along, its one thing for transparency and decentralization.

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👍 joetunex

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@joetunex · Jun 7 '22

RE: RE: Tokenizing natural resources

Transparency is something we don't get to see from governments, hopefully CAR will be settling a good example tokenizing resources on blockchain.

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@temibot · Jun 7 '22 (edited)

Transparency does not exist in their dictionary enough. Although, at times, its not their fault due to the cumbersome bureaucracy that lurks almost everywhere in government.

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5 replies