πŸš€ Physical Backed Tokens (PBTs) β€” Connecting Real-World Assets to Web3

What is it?

Physical Backed Tokens (PBTs) are a new type of token linked to physical items using encrypted blockchain-enabled chips. This technology allows verifiable ownership of real-world objects in the digital world, bridging Web2 and Web3 like never before.

Why it’s trending:

βœ… Introduced by projects like Azuki
βœ… Huge potential for fashion, collectibles, and logistics
βœ… Enables β€œsmart” physical assets that can be owned and traded on-chain
βœ… Integration with NFC and IoT devices

Risks:

❌ High entry barrier (hardware costs)
❌ Security of physical chips
❌ Some assets are difficult to tokenize effectively

Conclusion:

PBTs represent the next evolution of tokenization β€” not just digital, but physical. As Web3 expands, expect more real-world assets to gain blockchain identities and value.