A problem: Is #RWA a real right or a debt?

Fisrt, we need to know how RWA tokenization works.

Generally speaking, there are two main ways we see RWA:

One is to transfer the ownership or benefit of the physical assets to a specific blockchain address through a trust or legal contract, and then issue the corresponding tokens. This method is called Off-chain Anchoring.

The other is to map the properties or status of physical assets to the blockchain through smart contracts, and then issue corresponding tokens. This method is called On-chain Mapping.

So in fact, the way of packaging and chaining through the RWA blockchain is essentially to unify property rights/claims and then turn them into divided claims, and the exercise of claims requires the credibility and execution of a third party.