The tokenisation of physical assets refers to the creation of a tamper proof, unique and legally enforceable digital representation of a physical object. It opens a world of opportunities as the physical objects which were earlier consigned to specific markets are now available to global investors. The earliest example of the tokenisation of an asset was when a $30 million luxury Manhattan condo development was tokenised on Ethereum. Ernst and Young in the paper ‘Tokenisation of Assets – Decentralized Finance’ state that “the process of tokenisation creates a bridge between real-world assets and their trading, storage and transfer in a digital world” (https://assets.ey.com, 2020).
Recently, the Fnality ESG (Environmental, Social & Governance) Community of Practice organised a live Q&A session with Meghan Foreman-Purves, Head of Legal, Europe for CIBC (Canadian Imperial Bank of Commerce). It was a session that all of us at Fnality found insightful and inspiring, so we are delighted to share Meghan's experiences and advice around topics such as leadership, overcoming career obstacles, and parenthood in the workplace with a broader audience in this blog post.
Meghan was, until very recently, a Director of CIBC’s UK regulated subsidiary, and has recently been welcomed to the Fnality Community as CIBC’s Board Observer and Shareholder Representative.
Sherif Elkhouly shares how Fnality embraced his uniqueness and created an opportunity for him that broke all moulds!
It’s June, the month we celebrate Pride! This year Mohamed Amer would like to honour one of the most influential scientists of modern times, and one of his personal champions: Alan Turing.
At Fnality, we fully recognise that employees are our most important assets and good mental health is an important asset in its own right. We were fortunate to have an Agile work practice which allowed the company to respond effectively to the shock of the lockdown restrictions that were introduced at the beginning of the pandemic. Fnality did not view the transition to remote working as a challenge, but instead an opportunity to evolve the company into a more cohesive and outcomes-focused workplace. From the outset, there was a strong emphasis placed on the mental health and wellbeing of our employee’s during the transition period.
Solving for on-chain payment in wholesale banking