Tokenized cow

You can't borrow against collateral capital can't verify.

For centuries that left most of the world's assets out of the credit system. Not because they weren't valuable. Because nobody could prove they were there.

A cow worth $2,380. Loan: $952.

Someone put an AI collar on the cow. Health, location, condition — tracked in real time and tokenized as collateral. The bank could verify the cow was alive, healthy, and hadn't been pledged twice.

The steep discount disappeared.

The cow didn't change. The ability to prove it existed did.

Thirty trillion dollars in assets sitting outside the formal credit system for the same reason.

Nobody built the collar yet.