This is an interesting discussion of the impact of consensus approaches on the evolving world on tokenization. #defi #blockchain #rwa
In a webinar hosted by Inveniam’s CEO and Chairman, Patrick O'Meara, industry leaders explored consensus mechanisms and how they meet the diverse needs of various industries and asset types. Jay Smith introduced Accumulate's unique hybrid consensus approach, combining #PoS, #Bitcoin's security (via anchoring), and elements of #PoA. Unlike traditional blockchains, Accumulate is built around Accumulate Digital Identities (ADIs), allowing validators to register on-chain identities. 👤 This identity-based model enables validators to build reputations over time, giving them greater voting power and incorporating authority into the consensus process. As a result, consensus is driven not only by tokens but also by proven authority within the protocol. 🎦 Watch the webinar to gain insights into consensus mechanisms, and hear from panelists with hands-on experience in building commercial #blockchain solutions as they discuss the real-world challenges and requirements in the tokenization of real estate and other industries. #RWA #tokenization Paul Snow