- Streamlined tokenization of real-world assets (RWAs): By integrating programmable compliance, the Nexera Standard unlocks the potential for secure, compliant, and seamless tokenization of assets like real estate and commodities.
- Cross-jurisdictional compliance: The Nexera Standard ensures tokenized real-world assets remain compliant with varying regulations across countries, simplifying global asset trading.
- Omnichain capabilities: The Nexera Standard enables assets to be traded across multiple blockchains simultaneously, expanding liquidity and enhancing investor accessibility.
In recent years, there’s been a growing trend of turning real-world assets—like buildings, gold, art, and even commodities—into digital tokens that can be bought, sold, and traded online. This process, known as tokenization of real-world assets (RWAs), makes investing in valuable assets easier, even if they only want to own a small part. It’s like being able to buy a slice of a skyscraper or a piece of a famous painting!
However, as exciting as this is, one big challenge is ensuring these RWAs follow each country's laws and rules where they are traded, and those purchasing the assets do so. Every country has its own set of rules about who can buy and sell assets, how they should be managed, and what taxes apply. This makes it tricky to trade tokenized assets worldwide without breaking any laws.
With the Nexera Standard (ERC-7208), we now have a smart way to ensure that tokenized assets stay compliant with these rules, no matter where they’re being traded. Let’s explore how this technology helps keep things simple, fair, and legal.
The Challenge: Different Rules in Different Countries
Every country has rules about buying and selling assets, especially important assets like houses, land, or gold. For example:
- Some countries need you to show proof of your identity before you can buy or sell.
- Others only allow certain people to own certain kinds of assets.
- Countries might have different parameters, such as credit scores, that determine asset purchasing.
This makes managing these assets tricky when people buy and sell them worldwide. Without a system in place, it would be messy and confusing.
How the Nexera Standard (ERC-7208) Ensures Cross-Jurisdictional Compliance
The core of the Nexera Standard is its ability to separate an asset's data (the core information stored on the blockchain) from rules (the instructions on how that data behaves within different token standards). This separation allows data to then adhere to multiple sets of rules at the same time.
In the context of RWAs, this means that we can allow assets to be compliant with different laws at the same time. A buyer based in France can buy the same RWA as a person in Italy while passing different compliance checks.
Here is how it works:
1. One Set of Information for Each Asset
Instead of having different versions of the asset for every country, we keep one main version with all the important information. Think of it as a single “master copy” that knows all the intricate details.
2. Different Interfaces for Each Country’s Rules
Each country has rules that tell us what rules we need to follow. For example, there might be an interface for Portugal, one for Switzerland, and another for France. These help ensure that anyone trading in those countries follows the compliance laws.
- If you’re in Portugal and want to trade, you need to pass some checks, like proving your identity.
- If you’re in Switzerland, you might need to show certain information to be eligible to buy or sell this type of asset.
These guides are special sets of code, and by enabling them, the Nexera Standard (ERC-7208) ensures that every purchase is made correctly, following the laws of the country involved.
3. Transferring Assets Between Countries
What if someone in Portugal sells their asset to someone in Switzerland? Can that person utilize the asset? The Nexera Standard ensures that both the person who owns the asset and the person who utilizes the asset must comply with the given compliance laws before utilizing the asset.
- Buyers in Switzerland have to pass their country’s checks.
- If they don’t, the asset activity is paused until they do.
This way, every trade is fair, legal, and follows the rules.
A Real-Life Example: Tokenizing a Building
Let’s say there’s a big apartment building in Paris, and the owner wants to let people from different countries buy small shares of it. They turn the building into digital tokens, which people can buy online.
- A person in Portugal wants to buy some tokens. They go through the guide for Portugal’s rules and show who they are.
- Another person in Switzerland wants to buy some, too. They must pass their own country’s checks to prove they’re allowed.
The Nexera Standard tracks all these rules, so everyone knows they’re following the law and the building’s tokens can be traded safely and legally.
The Nexera Standard’s Omnichain Capabilities
One of the most powerful features of the Nexera Standard is its omnichain capabilities, which ensures that tokenized assets are accessible and tradable across multiple blockchains simultaneously.
For example, imagine a luxury apartment building in New York that has been tokenized into digital shares. These shares need to follow the rules of different countries, ensuring that only eligible investors can buy or trade them. They also need access to a broad liquidity pool to make trading more efficient.
The Nexera Standard doesn’t just handle compliance—it leverages its omnichain design to make these tokenized shares available on multiple blockchains, such as Ethereum, Binance Smart Chain, and Polygon, at the same time. This allows the asset to tap into a much larger, combined liquidity network across these different chains.
This means that an investor on Ethereum can buy shares of the building, while another investor on Binance Smart Chain can do the same without switching blockchains or dealing with different versions of the asset. Thanks to the Nexera Standard's omnichain approach, the asset’s core data remains consistent and unified across all blockchains, so the asset has access to sufficient liquidity.
With omnichain functionality, the Nexera Standard provides unmatched flexibility, allowing investors from different blockchain communities to participate easily while ensuring that trading is always legal, transparent, and efficient. This omnichain capability opens up greater opportunities for asset holders, offering access to broader markets and more liquidity, all within a fully compliant and connected system.
Why This Is Important
By using the Nexera Standard, we can ensure that real-world assets like buildings, gold, or art can be traded worldwide in a way that’s safe, fair, and legal. It helps keep everything organized and compliant, even when different countries have different rules.
This makes it easier for people to invest in these assets, no matter where they’re from, and opens up many new opportunities to share and grow wealth without breaking any rules.
Conclusion: Making It Easy to Trade Assets Across Borders
The market for tokenized real-world assets is growing fast, and it’s exciting to see how we can use technology to make trading easier, safer, and more accessible. The Nexera Standard plays a big role by ensuring everything stays legal and compliant, no matter where you’re trading.
By having one set of information for each asset and special guides for each country’s rules, we can manage these assets in a simple and easy-to-understand way. This means more people can take part in trading real-world assets, whether in Europe, Asia, or anywhere else around the globe.
The future of asset trading is here, and thanks to the Nexera Standard, it’s easier and more connected than ever before.
