Only by bridging the gap between the cryptocurrency market and the real world, enhancing the practical value of virtual assets, and ultimately serving economic and social development, can Web3 truly take root. Real World Assets (RWA) serve as an important vehicle for connecting and covering the real world in Web3 applications, representing the most promising direction for Web3's future development.
RWA specifically refers to the conversion of rights related to traditional financial assets and physical assets into digital tokens on the blockchain, where these tokens represent ownership or shares of traditional financial assets and physical assets. Traditional financial assets include stocks, bonds, funds, income sharing agreements, and accounts receivable, while physical assets typically include real estate, artwork, precious metals, and more.
In theory, any valuable asset can be tokenized. The advantages of asset tokenization are primarily based on blockchain technology at the underlying level, and can create related DApps to address the shortcomings of traditional finance. Because RWA can migrate more valuable real assets to the chain, establishing a connection between the asset layer and the application layer, RWA is also seen as a catalyst for the mainstreaming of virtual assets and Web3 applications.
As a pioneer in supporting the development of RWA, Meta Earth focuses on the needs of industrial blockchain, continuously optimizing underlying technical solutions for the application of blockchain in traditional industries.
In response to enterprise-level needs and customized, complex data types, and high-concurrency scenario requirements, Meta Earth independently constructs the ME Network, a proprietary underlying public chain. It adopts an innovative modular architecture design: horizontally decoupling the single-layer blockchain, separating out the data availability layer, and building ME Hub specifically for settlement and state verification consensus. This modular approach divides functions such as privacy security, node verification, transaction confirmation, data storage, and fraud proof separately. Additionally, it introduces a modular development toolkit to provide comprehensive execution layer solutions.
At the same time, Meta Earth separates different types of functionalities from the blockchain network into different components or modules, especially developing various application scenario functional modules related to RWA business. For example, logistics, orders, payments, verification, copyrights, etc., are pre-packaged as single or combined business modules, endowed with blockchain characteristics, and even capable of possessing sub-functions such as DEX, stablecoins, NFTs, and derivatives. This allows developers to extract these modules and combine them in any order to achieve higher-level functionality, greatly enhancing development efficiency and lowering the development threshold.