Tokenization: Turning Life Itself into a Tradeable Chip

The useful part

I wrote about the tokenization of nature in my article "From Blockchain to Ball and Chain: Are We Being Borged?" [1] This article will deal primarily with the tokenization of the world's water supply. A blockchain is simply a shared digital notebook that many computers keep identical copies of at the same time, so the records of who owns what cannot be secretly changed by any one person or company.

How it works

• That token can then be bought, sold, or traded on markets the same way people trade stocks or other assets.
• Instead of water simply belonging to the land, the local community, or the people who rely on it, it becomes a financial product that large investors, corporations, and institutions can own fractions of and...
• The right to use, claim, offset, or trade that water becomes the commodity.
• Offset means making up for the water you use by helping save or restore the same amount somewhere else.
• A farmer switches to drip irrigation, a project restores a wetland, or a company reuses treated wastewater.

Details worth keeping

That saved or restored water is measured and turned into credit.