{"product_id":"towards-a-tokenized-economy-the-convergence-of-finance-technology-and-media-in-the-digital-economy-hardback-9781394424948","title":"Towards a Tokenized Economy; The Convergence of Finance, Technology and Media in the Digital Economy (Hardback) 9781394424948","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eTowards a Tokenized Economy\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eThe Convergence of Finance, Technology and Media in the Digital Economy\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eYoshitaka Kitao (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781394424948, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 19 March 2026\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e224 pages\u003cbr\u003e18 x 13.2 x 1.8 cm, 0.272 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cp\u003e\u003cb\u003eDiscover how blockchain, stablecoins, and Web3 are revolutionizing global finance and creating unprecedented investment opportunities\u003c\/b\u003e \u003c\/p\u003e\n\u003cp\u003eIn \u003ci\u003eTowards a Tokenized Economy\u003c\/i\u003e, leading financial executive Yoshitaka Kitao provides essential insights into the transformation of global finance through technological innovation. Drawing on his extensive experience in financial services and strategic technology investments, Kitao explains how blockchain, cryptocurrency, and tokenization are fundamentally reshaping monetary systems, investment strategies, and the structure of the world economy. \u003c\/p\u003e\n\u003cp\u003eThis comprehensive guide takes readers through the emerging landscape of modern finance, from the strategic importance of dollar-pegged stablecoins and Bitcoin's role as a reserve asset to the revolutionary potential of Web3, decentralized finance, and security tokens. Kitao explains complex technological concepts in accessible terms while revealing the geopolitical implications of these developments, including strategies to maintain monetary dominance through cryptographic assets. The book combines technological depth, financial expertise, and strategic foresight, giving you: \u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eIn-depth analysis of stablecoins processing over 500 trillion yen monthly and their impact on global payment systems\u003c\/li\u003e \u003cli\u003eClear explanations of Bitcoin's blockchain infrastructure, mining operations, and its emergence as institutional reserve holdings\u003c\/li\u003e \u003cli\u003eComprehensive coverage of Web3 fundamentals including smart contracts, decentralized finance protocols, NFTs, and autonomous organizations\u003c\/li\u003e \u003cli\u003eStrategic insights into RWA tokens, including security tokens, tokenized equities, and the transformation of capital markets and exchanges\u003c\/li\u003e \u003cli\u003eExclusive perspective on how major financial institutions are entering content and advertising businesses through integrated platforms\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eTowards a Tokenized Economy\u003c\/i\u003e is a must-read for investors, financial professionals, executives, and business leaders who need to understand and capitalize on the transformation of modern finance. Whether you're hoping to enhance your investment strategy, evaluate emerging innovations, or position your organization for the tokenized world, Kitao delivers the knowledge you need to navigate a financial world that is changing at its foundations.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003ePreface xv\u003c\/p\u003e \u003cp\u003eIntroduction The Future Landscape of Finance Emerging from Technological Evolution 1\u003c\/p\u003e \u003cp\u003eForesight Can Be Cultivated 3\u003c\/p\u003e \u003cp\u003eTime Machine Management and the Internet 4\u003c\/p\u003e \u003cp\u003eImportance of Understanding the Substance of Technology 6\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 The New Dollar- Based Monetary System Created by the Convergence of Finance and Digital Technology 9\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCashless Society Is Just the Beginning 11\u003c\/p\u003e \u003cp\u003eCrypto Assets Are Driving the Convergence of Finance and Digital Technology 11\u003c\/p\u003e \u003cp\u003eStablecoins Now See More Than JPY 500 Trillion in Monthly Transactions 14\u003c\/p\u003e \u003cp\u003eWhy Stablecoins Matter: Scale, Cost, and Speed 17\u003c\/p\u003e \u003cp\u003eStablecoins as a Safe Store of Value 19\u003c\/p\u003e \u003cp\u003eThe Strategic Position of U.S. Dollar- Pegged Stablecoins 21\u003c\/p\u003e \u003cp\u003eWhat Makes a Reserve Currency: Credibility and Convenience 23\u003c\/p\u003e \u003cp\u003eBackground and History of the U.S. Dollar- Based System 24\u003c\/p\u003e \u003cp\u003eThe U.S. Dollar System Is Showing Signs of Decline 26\u003c\/p\u003e \u003cp\u003eDe- dollarization: The Challenge to U.S. Dominance 27\u003c\/p\u003e \u003cp\u003eRussia’s Invasion of Ukraine Accelerates De- dollarization 29\u003c\/p\u003e \u003cp\u003eBRICS Leads the Push for De- dollarization 30\u003c\/p\u003e \u003cp\u003eUsing Crypto Assets to Preserve the Dollar- Based System 32\u003c\/p\u003e \u003cp\u003eTrump Administration’s Serious Approach to Crypto Asset Policies 33\u003c\/p\u003e \u003cp\u003eWhy the Trump Administration Banned CBDC Issuance 35\u003c\/p\u003e \u003cp\u003eU.S. Treasury Secretary Clarifies the Administration’s Stance 36\u003c\/p\u003e \u003cp\u003eKey Crypto Legislation Progressing Quietly Behind Trump’s Tariffs 38\u003c\/p\u003e \u003cp\u003eAnnouncement of Project Crypto by the U.S. SEC 39\u003c\/p\u003e \u003cp\u003eStablecoin- Specific Bills to Watch 41\u003c\/p\u003e \u003cp\u003eStablecoins Increase the Value of U.S. Treasury Bonds 42\u003c\/p\u003e \u003cp\u003eThe Growing Burden of U.S. Debt 44\u003c\/p\u003e \u003cp\u003eElon Musk’s Role and Misunderstood Impact 47\u003c\/p\u003e \u003cp\u003eRaising Government Efficiency Through Digital Technology 48\u003c\/p\u003e \u003cp\u003eBlockchain Technology: Ensuring Operational Transparency 49\u003c\/p\u003e \u003cp\u003eInnovation and the “Kondratiev Wave” 51\u003c\/p\u003e \u003cp\u003eThe Advent and Spread of Crypto Assets Lead a Historic Shift in the Global Payment System 53\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Why Has the Price of Bitcoin Exceeded JPY 10 million? 57\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding the True Value of Bitcoin 59\u003c\/p\u003e \u003cp\u003eA Financial Asset Bigger Than Google or Amazon 59\u003c\/p\u003e \u003cp\u003eThe Launch of Bitcoin ETFs Had a Major Impact 61\u003c\/p\u003e \u003cp\u003eU.S. Financial Authorities Call Bitcoin “Digital Gold” 63\u003c\/p\u003e \u003cp\u003eThe Trump Administration’s “Strategic Bitcoin Reserve” Plan 65\u003c\/p\u003e \u003cp\u003eBitcoin Is a Reserve Asset to Be Stockpiled 66\u003c\/p\u003e \u003cp\u003eThe Intrinsic Value of Bitcoin Is “Technology” 68\u003c\/p\u003e \u003cp\u003eThe Fate of “Digital Data” with Both Advantages and Disadvantages 68\u003c\/p\u003e \u003cp\u003eHow Blockchain Makes Data Alteration Impossible 70\u003c\/p\u003e \u003cp\u003eA “Distributed Ledger” Is a Shared Database Across Many Parties 71\u003c\/p\u003e \u003cp\u003eCloud Services Use a Centralized Network 72\u003c\/p\u003e \u003cp\u003eWhy Blockchain Is Called Decentralized 73\u003c\/p\u003e \u003cp\u003eCreating and Linking “Blocks” of Data: Why It’s Called a Blockchain 74\u003c\/p\u003e \u003cp\u003e“Hash Functions”: The Encryption Technology That Prevents Tampering 75\u003c\/p\u003e \u003cp\u003eWhy Blockchain Data Can’t Be Changed 77\u003c\/p\u003e \u003cp\u003e“Proof of Work”: The Rule That Keeps Everything in Order 77\u003c\/p\u003e \u003cp\u003eMining: Competing Like Gold Miners 79\u003c\/p\u003e \u003cp\u003eWhy Individuals Can’t Mine Bitcoin Anymore 80\u003c\/p\u003e \u003cp\u003eBlockchains Can Be “Hijacked”! 82\u003c\/p\u003e \u003cp\u003eBitcoin Has Built the World’s Strongest Blockchain 83\u003c\/p\u003e \u003cp\u003eBitcoin’s Value Will Continue to Rise 84\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 The Convergence of Finance and Digital Technology Enabled by Web3: What Does It Mean? 85\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWeb3 (in a Narrow Sense): A Decentralized Internet Based on Blockchain 87\u003c\/p\u003e \u003cp\u003eWeb3 (in a Broad Sense): A New Era for the Digital Economy 87\u003c\/p\u003e \u003cp\u003eThe “First Economic Democratization” Brought by the Internet Revolution 89\u003c\/p\u003e \u003cp\u003e“Web2” Enabled Two- Way Communication 90\u003c\/p\u003e \u003cp\u003eBig Tech’s Monopolization of Information Becomes Clear 91\u003c\/p\u003e \u003cp\u003eIndividuals Have No “Property Rights” Over Their Data in Web2 92\u003c\/p\u003e \u003cp\u003eStricter Regulations on Big Tech Are Progressing 94\u003c\/p\u003e \u003cp\u003eWeb3 Brings the Second Economic Democratization 94\u003c\/p\u003e \u003cp\u003e“Smart Contracts” Are Key to Web3’s Decentralization 96\u003c\/p\u003e \u003cp\u003eEthereum Created Smart Contracts 97\u003c\/p\u003e \u003cp\u003eFrom Online to On- Chain 98\u003c\/p\u003e \u003cp\u003eLayer 2: Addressing the Scalability Problem 99\u003c\/p\u003e \u003cp\u003eThe Essential Role of Interoperability 100\u003c\/p\u003e \u003cp\u003eDecentralized Finance, the Financial System of the Web3 Era 102\u003c\/p\u003e \u003cp\u003eThe Expanding Market for Decentralized Exchanges 104\u003c\/p\u003e \u003cp\u003eNFTs Are the First Web3 Service to Break Through 105\u003c\/p\u003e \u003cp\u003eNFT Transaction Records Are Managed on a Blockchain 106\u003c\/p\u003e \u003cp\u003eDecentralized Autonomous Organization, the Way Organizations Exist in the Web3 Era 107\u003c\/p\u003e \u003cp\u003eYamakoshi DAO Is a Successful Example in Japan 110\u003c\/p\u003e \u003cp\u003eThe Essence of Web3 Is Decentralization × Co- creation, Ownership, and Exchange of Value 111\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 The Rise of the Token Economy and the Formation of a Digital Ecosystem 113\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Arrival of the Token Economy 115\u003c\/p\u003e \u003cp\u003eThe Digital Space Ecosystem Is a Concept That Encompasses the Metaverse 116\u003c\/p\u003e \u003cp\u003eManufacturing Production Simulation Is Also Possible in the Metaverse 118\u003c\/p\u003e \u003cp\u003eMetaverse + Web3 = Digital Space Ecosystem 120\u003c\/p\u003e \u003cp\u003eSecurity Tokens, the Next- Generation Financial Instruments 122\u003c\/p\u003e \u003cp\u003eSTO, Capital Raising via Security Tokens 124\u003c\/p\u003e \u003cp\u003eSBI Group as a Trailblazer in Security Tokens 125\u003c\/p\u003e \u003cp\u003eGrowing Momentum Toward Tokenized Equities 127\u003c\/p\u003e \u003cp\u003eDigitalization of Exchanges and Capital Markets 130\u003c\/p\u003e \u003cp\u003eBoosting Circulation of USD- Pegged Stablecoins in Japan 131\u003c\/p\u003e \u003cp\u003eLending Services Offer Significant Higher Returns Than Foreign Currency Deposits 133\u003c\/p\u003e \u003cp\u003ePromoting the Issuance and Circulation of Yen- Pegged Stablecoins 134\u003c\/p\u003e \u003cp\u003eAdvancing Foreign Currency Transactions Through Tokenized Deposits 135\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 The Convergence of Finance and Media in the United States 137\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFinancial Groups Entering the Media Business 139\u003c\/p\u003e \u003cp\u003eElon Musk’s Ambitious XMoney 140\u003c\/p\u003e \u003cp\u003eEasier to Tip Influencers and to Pay for Content 141\u003c\/p\u003e \u003cp\u003eA Super App Where Everything Is Done in One App 142\u003c\/p\u003e \u003cp\u003eWhat’s Beyond X’s Super App Plan? 144\u003c\/p\u003e \u003cp\u003eThe Rise of Social Trading in the United States 145\u003c\/p\u003e \u003cp\u003eAI’s Role in Turning Finance into Content 146\u003c\/p\u003e \u003cp\u003eBlackstone’s Acquisition of IP Content and Production Companies 147\u003c\/p\u003e \u003cp\u003eExpanding into the E- Comic Business with Mecha Comic 150\u003c\/p\u003e \u003cp\u003eJ.P. Morgan Chase’s Start in the Media Business with a Restaurant Search Service 151\u003c\/p\u003e \u003cp\u003eThe Latest Ad Platform: Retail Media Network 152\u003c\/p\u003e \u003cp\u003eProtecting Customers by Vetting Advertisers 154\u003c\/p\u003e \u003cp\u003eConnected Commerce Provides an Optimal Shopping Experience 155\u003c\/p\u003e \u003cp\u003eRobinhood, a U.S. Financial Company, Enters the Media Business 156\u003c\/p\u003e \u003cp\u003eDigital Finance and AI Technology Act as the Adhesive Between Media and Finance 158\u003c\/p\u003e \u003cp\u003eWhy SBI Group Is Entering the Media Business 160\u003c\/p\u003e \u003cp\u003eSbi Neo Media Holdings’ Business Areas 162\u003c\/p\u003e \u003cp\u003eReasons Why Financial Groups Haven’t Entered the Media Space in Japan 165\u003c\/p\u003e \u003cp\u003eSBI Group’s Strengths in the Media Space 167\u003c\/p\u003e \u003cp\u003eComprehensive Financial Information Platform from the Convergence of Finance and Media 170\u003c\/p\u003e \u003cp\u003eThe Convergence of Finance and Media Will Also Change Individuals’ Lifestyles 172\u003c\/p\u003e \u003cp\u003eRegulations Hinder the Convergence of Media and Finance 173\u003c\/p\u003e \u003cp\u003eWe Must Be Mindful of a New Digital Divide 176\u003c\/p\u003e \u003cp\u003eAfterword 179\u003c\/p\u003e \u003cp\u003eAbout the Author 191\u003c\/p\u003e \u003cp\u003eIndex 193\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52470050259224,"sku":"9781394424948","price":14.89,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781394424948.jpg?v=1785630269","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/towards-a-tokenized-economy-the-convergence-of-finance-technology-and-media-in-the-digital-economy-hardback-9781394424948","provider":"Freshly Printed Books","version":"1.0","type":"link"}