Azuki PBT: Will real-world interaction with Web3 be the next narrative wave?
Author: Carol @CC99Carol Editor: Colin Wu Abstract： On October 18, 2022, Azuki released a new open source Token standard, Physical Backed Token (PBT). The highlight of the standard is that it supports binding real items to the ethereum blockchain for decentralized authentication and tracking the ownership along of physical items, and the whole process is fully deployed on the chain without any centralized server intervention. Based on this standard, a model called Scan to Own was born, which is dedicated to decentralized transfer of ownership of physical objects through the combination with hardware, bringing a new experience to users. But as far as the actual situation is concerned, both PBT and Scan to Own are still unmature, and there is still a lot of resistance at the technical application level, but the concepts they contain undoubtedly coincide with Web3, and then think of Solana's release. Mobile, real-world interactions with Web3 world assets may be the next narrative wave...