Why RWA(Real World Asset)?

1. Digitization of physical assets

The VZ project represents the physical assets of electric vehicle charging infrastructure and energy usage data as digital assets on the blockchain. It is an RWA that digitizes physical assets to divide ownership and make them tradable, as it is a utilization asset that trades or compensates by tokenizing energy data of charger usage history.

2. Increased asset liquidity

The VZ project improves the efficiency and convenience of charging infrastructure by sharing chargers during idle time and being rewarded with VZ tokens, and increases liquidity by converting illiquid assets (e.g. real estate, bonds) characterized by RWA into tradable digital tokens.

3. Decentralized transactions

The VZ project enables peer-to-peer transactions that directly connect charger owners and EV users, and RWA similarly trades ownership of assets on a decentralized platform without a central authority.

4. Transparency and reliability

The VZ project ensures transparency by recording recharge data and token transaction history on the blockchain. RWA similarly ensures trust by storing asset transaction and ownership records on the blockchain.

5. Conclusion

The VZ project demonstrates the characteristics of RWA by digitizing a physical asset - an eco-friendly electric vehicle charging infrastructure - but can also be understood as an industry-specific use case. It is a prime example of the application of the RWA concept to support innovation in the mobility and green energy sectors.