DeFi· ★★★· bullish·

Filecoin unveils testnet demo of tokenized RWA architecture at Avalanche Summit

  • RWA documents and valuations are stored on IPFS with proof of storage
  • Data is anchored to the blockchain for transparency and security
  • A testnet demo of the architecture is already available to developers
  • The presentation took place at Avalanche Summit
Why it matters: Filecoin is entering the RWA tokenization market, which could increase demand for decentralized data storage.
Source: Coinfomania