The second form of tokenization, asset tokenization, is the process of taking a traditionally illiquid asset and transforming it into fungible shares on a blockchain. Those shares can be traded on a trustless marketplace to enable their liquidity.
The only reason why political and legal systems work is that a lot of hard thinking and work has gone on behind the scenes to insulate the decision-makers from extrinsic incentives, and punish them explicitly if they are discovered to be accepting incentives from the outside. The lack of extrinsic motivation allows the intrinsic motivation to shine... See more