The decentralized ledger of blockchain means that anyone can transact in a trusted network while ensuring their assets are secure. Although so far, blockchain has largely been limited to digital assets. However, discussions have begun on how to put physical assets on the chain. Today, let's talk about what it means to put physical assets on the chain and what the implications are.

Centrifuge has been a focus of ChainNews as an application example of blockchain technology that brings assets from the real economy on-chain. Recently, Centrifuge partnered with Securitize, and these two pioneers in asset tokenization are attempting to explore hybrid finance "HyFi" together, introducing real-world assets and compliance services to the DeFi ecosystem.