Op-ed: Tokenization is the tool needed for emerging economies to leap ahead

The concept of ‘leapfrogging’ has been touted as an effective means for developing nations to bypass traditional stages of development and jump directly to the latest version of technologies or emerging tech alternatives. The archetypical example given is the smartphone.

While traditional Western nations went through telecommunications development phases from landline connections to basic cell phones and finally to the adoption of the smartphone, late-movers skipped to the end, avoiding the establishment of costly and inefficient legacy systems. It raises the question of what other technologies are ripe for a similar movement. Could tokenization be a means of leveling the global financial playing field?