ZHOU IS IN PLACE: RWA IS A CHAIN OF DOCUMENTS FOR THE ASSETS UNDER THE CHAIN AND REMAINS DEPENDENT ON TRADITIONAL FINANCIAL AND LEGAL SYSTEMS

Zhou's job indicates that RWA (a chain certificate of real assets) is fundamentally different from an original asset in a chain such as Bitcoin, that RWA's token is a chain document of real assets under the chain, and that the creation, enforcement, taking of losses and disclosure of information remains dependent on traditional financial and legal systems. In his view, Web3 was more likely to transform the financial sector than to completely destabilize traditional finance。