CNC: Looking at the Future Direction of Industry Development Through the RWA Ecosystem’s Exclusive Blockchain
RWA has become an important track in the crypto world. The exclusive ecological public chain created by the CNC team has helped RWA make significant progress in the crypto industry. At the same time, it is also working with heavyweight partners in the crypto industry to promote the development of the RWA industry. The future is promising.
Real-world assets exist off-chain, and owners can obtain expected returns from them. The relevant rights and benefits are regulated by the legal system and rooted in our social contract. For the crypto world, the tokenization of real-world assets can help crypto capital capture real-world business opportunities; for the real world, RWA can help assets capture the instant liquidity of the crypto world.
This article will conduct an in-depth analysis of CNC from the essence of RWA to further understand the crypto world’s demand for RWA, sort out how CNC will transform from a startup project to the financial infrastructure of RWA, and explore possible explorations of future projects in the field of RWA.
The Nature of RWA
The demand for real-world assets is financing, whether through Security Token Offering or mortgage lending. The essence of asset financing has not changed, but the source of capital obtained has changed – DeFi’s instant liquidity, and the cost reduction and efficiency improvement in financing channels that blockchain and smart contracts can bring (such as the CNC public chain).
The demand for crypto capital is investment. How to capture real-world assets with low risk, stable interest, scalability, and no correlation with crypto volatility is the key. From the perspective of stability, stablecoins are key use cases. As a medium of transaction, they are not affected by crypto volatility. From the perspective of stability + interest + scalability, US Treasury RWA is a key use case, helping to capture risk-free returns.
More importantly, RWA can create U-based interest-bearing assets and become a new asset class in the crypto world. On this basis, the composability of this U-based interest-bearing asset class + DeFi can bring a lot of imagination, such as interest-bearing stablecoin projects and the recently popular interest-bearing Layer 2 projects.
After understanding the essence of RWA, the positioning of CNC in the RWA ecosystem becomes very clear: as a channel, it helps off-chain assets capture liquidity in the crypto world, and reduces costs and increases efficiency for financing channels through blockchain and smart contract technology.
CNC Project Introduction
CNC is the world’s first decentralized RWA public chain initiated and invested by overseas China Investment Corporation. It is committed to breaking the drawbacks of the traditional financial field and creating a full-ecological financial public chain covering digital securities, digital trusts, digital foreign exchange, digital options, encrypted transactions, RWA real asset tokenization, real estate digitization, etc.
Project Background
CIC Capital launched the CNC RWA Ecological Chain Project, which aims to tokenize real-world assets through blockchain technology. The goal of the project is to use the transparency and efficiency of blockchain to digitize traditional assets and improve asset liquidity and market participation. Through blockchain technology, real-world assets such as real estate, bonds, stocks, etc. are converted into digital tokens on the chain.
The CNC RWA ecosystem provides new technical support for CIC’s global investment layout, further enhancing its competitiveness in the international financial market. At the same time, the establishment of the CNC RWA ecosystem also provides an innovative investment platform for other financial institutions and investors, promoting the application and development of blockchain technology in the financial field.
CIC Group has several subsidiaries, among which CIC Overseas Direct Investment Co., Ltd. (“CIC Overseas”) focuses on overseas direct investment business, aiming to achieve long-term and stable investment returns through diversified investment strategies.
Key business architecture
As a platform, CNC focuses on opening up the channel between the off-chain asset side and the on-chain capital side, and realizing cost reduction and efficiency improvement through blockchain and smart contracts. Currently, CNC achieves fast and low-cost transactions and cross-chain liquidity capture by building its own public chain.
The most important thing in the business architecture is the asset tokenization protocol, which is an open asset pool based on smart contracts. It converts real-world assets into designated tokens through smart contracts and provides liquidity access to the crypto world. It was CNC’s previous main front-end product.
The asset trading platform built on CNC will provide trading support for thousands of RWA tokenized assets. At the same time, CNC business also involves various ecological facilities such as browsers, cross-chain bridges, wallets, etc. CNC, which pursues security and efficiency as its ultimate goal, will open more business segments in the future to promote the leapfrog development of the RWA ecosystem.
Development Goals
- Ecological construction and maintenance
Build and maintain the world’s leading RWA product ecosystem, attracting top talents and key resources from all walks of life.
- Asset development and application
Explore and develop influential and valuable RWA assets, and continuously enrich and expand their application scenarios and business models.
- Technology promotion and innovation
Promote the continuous progress and development of RWA technology, and provide more opportunities and value for users and the ecosystem.
- Ensure asset security
Improve the security and reliability of RWA technology to ensure the safety and stability of assets.
- Leading the digital transformation
Promote the digital transformation of global assets, lead the development and transformation of the industry, and shape a more efficient, transparent and inclusive digital economy future.
RWA Ecological Alliance
The CNC RWA Alliance is committed to connecting the traditional financial system and the crypto-financial system, focusing on promoting the tokenization of real assets on the blockchain. As RWA tokenization becomes a key opportunity to create a unified, efficient and more inclusive global financial system, it fills the gap in the backbone of the RWA ecosystem and creates a clear framework to promote cross-industry cooperation, innovation and promote progress towards a seamless tokenized economy.
CNC aims to unite RWA industry leaders, developers, institutions and crypto-native players to create a close real-world asset tokenization ecological alliance, while creating a unified RWA industry development standard to lead the orderly construction and compliant development of the RWA industry.
At present, the alliance has attracted many important players in the RWA field, such as Centrifuge, Credix, Aave, Goldfinch, Circle, Coinbase, RWA.xyz, Base and other leading crypto institutions and projects. At the same time, the alliance is also inviting all market participants to join, contribute to the transformation of the current traditional financial system, and jointly build a new open decentralized financial market.
The future of CNC
Although we can see the efforts of the CNC team in continuously improving the protocol, as well as the benefits brought by heavyweight capital and top partners, before imagining the bright future of RWA, we still need to talk about the possible development obstacles of CNC.
The most important thing about RWA is that the continuous improvement of the CNC agreement on the asset side and the funding side will create more connections between the two ends. While consolidating the leading position in the private credit field, it will expand into the US Treasury RWA field. After CNC has achieved the leading position in the private credit field, it will enter the US Treasury RWA market with relatively large room for imagination.
Based on the experiment of U-standard interest-bearing assets, mapping interest-bearing assets to the chain is only the first step. How to use DeFi composability to build DeFi Lego will become very interesting. The interest-bearing stablecoin based on US debt is designed to provide any user outside the United States with a crypto wallet with the opportunity to obtain US Treasury yields.
There is no doubt that RWA has become an important form of asset in the crypto world. The CNC team has helped RWA make significant progress in the crypto industry through years of hard work and practice. At the same time, it is also working with heavyweight partners in the crypto industry to promote the development of the RWA industry. The future is promising.