The Tokenization of Things

In October 2017, Matthew Roszak discussed how we’re transitioning from an old model where money is used to equal power; changing to “money becoming technology” via the rise of cryptocurrencies and tokenized assets on the blockchain; and ultimately becoming “technology equals power.”

In brief, a token is a scarce, digital asset. Bitcoin was the first.

Roszak states that Bitcoin is one of the greatest inventions of our time. More specifically, it’s one of the greatest technological, financial, political, industrial and humanitarian inventions of our time.

Blockchain is like the rails for Bitcoins (tokens), which represents the cars that run on the rails.

Roszak discusses how things can be tokenized, not just money, resulting in new opportunities for businesses and entrepreneurs.

Blockchain and tokenization is one of the greatest generational opportunities for entrepreneurs and investors. 

He notes how technology generally outpaces regulation and that the early phase of technology adoption includes some risk and uncertainty.

Matthew Roszak is co-founder and chairman of Bloq, a leading blockchain enterprise software company. Mr. Roszak is also founding partner of Tally Capital, a private investment firm focused on digital assets and blockchain-enabled technology with a portfolio of over 20 investments, including Block.One, Civic, Factom, Rivetz and Qtum.

Mr. Roszak is a blockchain investor, entrepreneur and advocate. He has spent over 20 years in private equity and venture capital with Advent International, Keystone Capital Partners, Platinum Venture Partners and SilkRoad Equity, and has invested over $1 billion of capital (from start-up to IPO) in a broad range of industries. Mr. Roszak is a director and beneficial owner of Eboost, Enter Financial, MissionMode, Neu Entity, Onramp, SolidSpace and TrueLook.

Mr. Roszak serves as chairman of the Chamber of Digital Commerce, the world’s largest trade association representing the blockchain industry. In addition, Mr. Roszak serves on the board of BitGive, a no This talk was given at a TEDx event using the TED conference format but independently organized by a local community.