{"id":13927,"date":"2025-09-16T19:46:57","date_gmt":"2025-09-16T12:46:57","guid":{"rendered":"https:\/\/nopphatnguoi.vn\/blog\/cong-nghe-blockchain-thay-doi-tro-choi-dau-tu-tai-san-thuc-te\/"},"modified":"2025-09-16T19:46:57","modified_gmt":"2025-09-16T12:46:57","slug":"cong-nghe-blockchain-thay-doi-tro-choi-dau-tu-tai-san-thuc-te","status":"publish","type":"post","link":"https:\/\/nopphatnguoi.vn\/blog\/cong-nghe-blockchain-thay-doi-tro-choi-dau-tu-tai-san-thuc-te\/","title":{"rendered":"C\u00f4ng ngh\u1ec7 Blockchain thay \u0111\u1ed5i tr\u00f2 ch\u01a1i \u0111\u1ea7u t\u01b0 t\u00e0i s\u1ea3n th\u1ef1c t\u1ebf"},"content":{"rendered":"<div>\n<p>Trong b&#7889;i c&#7843;nh c&ocirc;ng ngh&#7879; blockchain &#273;ang ng&agrave;y c&agrave;ng ph&aacute;t tri&#7875;n, m&#7897;t xu h&#432;&#7899;ng m&#7899;i &#273;ang xu&#7845;t hi&#7879;n tr&ecirc;n th&#7883; tr&#432;&#7901;ng truy&#7873;n th&#7889;ng: vi&#7879;c chuy&#7875;n &#273;&#7893;i c&aacute;c t&agrave;i s&#7843;n th&#7921;c t&#7871; l&ecirc;n chu&#7895;i kh&#7889;i. Kh&ocirc;ng ch&#7881; d&#7915;ng l&#7841;i &#7903; c&aacute;c lo&#7841;i ti&#7873;n k&#7929; thu&#7853;t s&#7889; ho&#7863;c token gi&#7843; &#273;&#7883;nh, c&ocirc;ng ngh&#7879; blockchain &#273;ang &#273;&#432;&#7907;c s&#7917; d&#7909;ng &#273;&#7875; &#273;&#7841;i di&#7879;n cho c&aacute;c t&agrave;i s&#7843;n h&#7919;u h&igrave;nh nh&#432; b&#7845;t &#273;&#7897;ng s&#7843;n, tr&aacute;i phi&#7871;u v&agrave; c&#7893; phi&#7871;u.<\/p>\n<p>Hi&#7879;n t&#7841;i, th&#7883; tr&#432;&#7901;ng c&ocirc;ng ngh&#7879; blockchain to&agrave;n c&#7847;u c&oacute; gi&aacute; tr&#7883; l&ecirc;n &#273;&#7871;n 31,28 t&#7927; &#273;&ocirc; la v&agrave;o n&#259;m 2024 v&agrave; ph&#7909;c v&#7909; h&#417;n 560 tri&#7879;u ng&#432;&#7901;i s&#7903; h&#7919;u ti&#7873;n &#273;i&#7879;n t&#7917;. Tuy nhi&ecirc;n, &#7913;ng d&#7909;ng c&#7911;a c&ocirc;ng ngh&#7879; n&agrave;y kh&ocirc;ng ch&#7881; d&#7915;ng l&#7841;i &#7903; ph&#7841;m vi ti&#7873;n t&#7879; k&#7929; thu&#7853;t s&#7889;. M&#7885;i ng&#432;&#7901;i &#273;ang ng&agrave;y c&agrave;ng t&iacute;ch h&#7907;p c&aacute;c t&agrave;i s&#7843;n th&#7921;c t&#7871; (RWAs) l&ecirc;n blockchain, m&#7903; ra m&#7897;t k&#7927; nguy&ecirc;n m&#7899;i trong vi&#7879;c qu&#7843;n l&yacute; v&agrave; &#273;&#7847;u t&#432; v&agrave;o c&aacute;c t&agrave;i s&#7843;n n&agrave;y.<\/p>\n<p>S&#7921; thay &#273;&#7893;i n&agrave;y kh&ocirc;ng ch&#7881; &#273;&#432;&#7907;c th&uacute;c &#273;&#7849;y b&#7903;i s&#7921; &#273;&#7893;i m&#7899;i m&agrave; c&ograve;n b&#7903;i h&#7913;a h&#7865;n v&#7873; vi&#7879;c t&#259;ng c&#432;&#7901;ng kh&#7843; n&#259;ng ti&#7871;p c&#7853;n, minh b&#7841;ch v&agrave; hi&#7879;u qu&#7843;. C&aacute;c t&agrave;i s&#7843;n th&#7921;c t&#7871; (RWAs) l&agrave; c&aacute;c m&#7863;t h&agrave;ng v&#7853;t l&yacute; ho&#7863;c t&agrave;i ch&iacute;nh c&oacute; gi&aacute; tr&#7883; trong n&#7873;n kinh t&#7871; truy&#7873;n th&#7889;ng, bao g&#7891;m b&#7845;t &#273;&#7897;ng s&#7843;n, v&agrave;ng th&#7887;i, tr&aacute;i phi&#7871;u ch&iacute;nh ph&#7911; ho&#7863;c &ocirc; t&ocirc;. Tuy nhi&ecirc;n, vi&#7879;c &#273;&#7847;u t&#432; v&agrave;o nh&#7919;ng t&agrave;i s&#7843;n n&agrave;y trong qu&aacute; kh&#7913; th&#432;&#7901;ng li&ecirc;n quan &#273;&#7871;n c&aacute;c quy tr&igrave;nh k&eacute;o d&agrave;i v&agrave; t&#7889;n k&eacute;m, &#273;&ograve;i h&#7887;i nhi&#7873;u th&#7911; t&#7909;c gi&#7845;y t&#7901;, ng&acirc;n h&agrave;ng v&agrave; trung gian ph&aacute;p l&yacute;.<\/p>\n<p>C&aacute;c r&agrave;o c&#7843;n gia nh&#7853;p cao th&#432;&#7901;ng lo&#7841;i tr&#7915; c&aacute;c nh&agrave; &#273;&#7847;u t&#432; b&igrave;nh th&#432;&#7901;ng, m&#7897;t th&aacute;ch th&#7913;c m&agrave; c&aacute;c n&#7873;n t&#7843;ng blockchain hi&#7879;n &#273;ang b&#7855;t &#273;&#7847;u gi&#7843;i quy&#7871;t. Vi&#7879;c &#273;&#432;a c&aacute;c t&agrave;i s&#7843;n th&#7921;c t&#7871; l&ecirc;n chu&#7895;i kh&#7889;i li&ecirc;n quan &#273;&#7871;n vi&#7879;c t&#7841;o ra m&#7897;t token k&#7929; thu&#7853;t s&#7889; tr&ecirc;n blockchain &#273;&#7841;i di&#7879;n cho quy&#7873;n s&#7903; h&#7919;u c&#7911;a t&agrave;i s&#7843;n v&#7853;t l&yacute; ho&#7863;c t&agrave;i ch&iacute;nh &#273;&oacute;. Nh&#7919;ng &#8216;t&agrave;i s&#7843;n th&#7921;c t&#7871; token h&oacute;a&#8217; n&agrave;y v&#7873; c&#417; b&#7843;n l&agrave; c&aacute;c gi&#7845;y t&#7901; k&#7929; thu&#7853;t s&#7889; t&#7891;n t&#7841;i tr&ecirc;n m&#7897;t s&#7893; s&aacute;ch kh&ocirc;ng th&#7875; thay &#273;&#7893;i.<\/p>\n<p>L&#7907;i &iacute;ch c&#7889;t l&otilde;i c&#7911;a vi&#7879;c &#273;&#432;a t&agrave;i s&#7843;n l&ecirc;n chu&#7895;i kh&#7889;i bao g&#7891;m kh&#7843; n&#259;ng ti&#7871;p c&#7853;n to&agrave;n c&#7847;u, minh b&#7841;ch v&agrave; hi&#7879;u qu&#7843;. B&#7841;n kh&ocirc;ng c&#7847;n ph&#7843;i l&agrave; m&#7897;t c&aacute; nh&acirc;n c&oacute; gi&aacute; tr&#7883; r&ograve;ng cao &#273;&#7875; &#273;&#7847;u t&#432; v&agrave;o b&#7845;t &#273;&#7897;ng s&#7843;n sang tr&#7885;ng ho&#7863;c ngh&#7879; thu&#7853;t &#273;&#7865;p. Thay v&agrave;o &#273;&oacute;, b&#7841;n c&oacute; th&#7875; &#273;&#417;n gi&#7843;n mua m&#7897;t ph&#7847;n c&#7911;a m&#7897;t t&agrave;i s&#7843;n th&#7921;c t&#7871; token h&oacute;a tr&ecirc;n m&#7897;t n&#7873;n t&#7843;ng blockchain. &#272;i&#7873;u n&agrave;y t&#7841;o ra c&aacute;c c&#417; h&#7897;i t&agrave;i ch&iacute;nh to&agrave;n di&#7879;n h&#417;n cho m&#7897;t lo&#7841;t c&aacute;c nh&agrave; &#273;&#7847;u t&#432;.<\/p>\n<p>Qu&aacute; tr&igrave;nh token h&oacute;a t&agrave;i s&#7843;n ho&#7841;t &#273;&#7897;ng th&ocirc;ng qua vi&#7879;c t&#7841;o ra m&#7897;t token d&#7921;a tr&ecirc;n blockchain &#273;&#7841;i di&#7879;n cho quy&#7873;n s&#7903; h&#7919;u to&agrave;n b&#7897; ho&#7863;c m&#7897;t ph&#7847;n c&#7911;a m&#7897;t t&agrave;i s&#7843;n th&#7921;c t&#7871;. V&iacute; d&#7909;, m&#7897;t t&ograve;a nh&agrave; tr&#7883; gi&aacute; m&#7897;t tri&#7879;u &#273;&ocirc; la c&oacute; th&#7875; &#273;&#432;&#7907;c chia th&agrave;nh 1.000 token, n&#417;i mua m&#7897;t token s&#7869; c&#7845;p cho b&#7841;n m&#7897;t ph&#7847;n ngh&igrave;n quy&#7873;n s&#7903; h&#7919;u t&ograve;a nh&agrave; &#273;&oacute;. Nh&#7919;ng token n&agrave;y &#273;&#432;&#7907;c qu&#7843;n l&yacute; b&#7903;i c&aacute;c h&#7907;p &#273;&#7891;ng th&ocirc;ng minh, t&#7921; &#273;&#7897;ng th&#7921;c hi&#7879;n c&aacute;c h&agrave;nh &#273;&#7897;ng v&agrave; gi&#7843;m thi&#7875;u r&#7911;i ro l&#7895;i c&#7911;a con ng&#432;&#7901;i.<\/p>\n<p>C&aacute;c n&#7873;n t&#7843;ng blockchain h&#7895; tr&#7907; qu&aacute; tr&igrave;nh chuy&#7875;n &#273;&#7893;i n&agrave;y b&#7857;ng c&aacute;ch ph&#7909;c v&#7909; nh&#432; n&#7873;n t&#7843;ng cho t&#7845;t c&#7843; c&aacute;c ho&#7841;t &#273;&#7897;ng tr&ecirc;n chu&#7895;i kh&#7889;i. C&aacute;c blockchain nh&#432; Ethereum l&agrave; l&#7921;a ch&#7885;n ph&#7893; bi&#7871;n cho vi&#7879;c token h&oacute;a c&aacute;c t&agrave;i s&#7843;n th&#7921;c t&#7871;. Nh&#7919;ng n&#7873;n t&#7843;ng n&agrave;y x&#7917; l&yacute; c&aacute;c h&#7907;p &#273;&#7891;ng th&ocirc;ng minh, l&#432;u tr&#7919; d&#7919; li&#7879;u token v&agrave; cung c&#7845;p c&#417; s&#7903; h&#7841; t&#7847;ng cho c&aacute;c giao d&#7883;ch ngang h&agrave;ng.<\/p>\n<p>Th&#7883; tr&#432;&#7901;ng truy&#7873;n th&#7889;ng &#273;ang ch&#7845;p nh&#7853;n t&agrave;i s&#7843;n tr&ecirc;n chu&#7895;i kh&#7889;i v&igrave; n&oacute; cung c&#7845;p m&#7897;t gi&#7843;i ph&aacute;p r&otilde; r&agrave;ng cho m&#7897;t s&#7889; v&#7845;n &#273;&#7873; l&acirc;u &#273;&#7901;i nh&#432; kh&#7843; n&#259;ng ti&#7871;p c&#7853;n h&#7841;n ch&#7871;, k&eacute;m hi&#7879;u qu&#7843; v&agrave; thi&#7871;u minh b&#7841;ch. C&aacute;c nh&agrave; &#273;&#7847;u t&#432; t&#7893; ch&#7913;c &#273;ang b&#7855;t &#273;&#7847;u kh&aacute;m ph&aacute; c&aacute;c kh&#7843; n&#259;ng b&#7857;ng c&aacute;ch kh&#7903;i x&#432;&#7899;ng c&aacute;c ch&#432;&#417;ng tr&igrave;nh th&iacute; &#273;i&#7875;m, h&#7895; tr&#7907; c&aacute;c c&ocirc;ng ty kh&#7903;i nghi&#7879;p blockchain v&agrave; th&#7853;m ch&iacute; th&#7917; nghi&#7879;m vi&#7879;c &#273;&#432;a t&agrave;i s&#7843;n c&#7911;a h&#7885; l&ecirc;n chu&#7895;i kh&#7889;i.<\/p>\n<p>D&#7921; b&aacute;o t&#432;&#417;ng lai c&#7911;a c&aacute;c t&agrave;i s&#7843;n th&#7921;c t&#7871; token h&oacute;a &#273;ang r&#7845;t t&iacute;ch c&#7921;c. M&#7863;c d&ugrave; xu h&#432;&#7899;ng n&agrave;y &#273;ang &#7903; giai &#273;o&#7841;n &#273;&#7847;u, nh&#432;ng n&oacute; &#273;ang thu &#273;&#432;&#7907;c s&#7921; quan t&acirc;m &#273;&aacute;ng k&#7875;. C&aacute;c c&#417; quan qu&#7843;n l&yacute; &#273;ang b&#7855;t &#273;&#7847;u ch&uacute; &yacute; v&agrave; nhi&#7873;u qu&#7889;c gia &#273;ang kh&aacute;m ph&aacute; c&aacute;c khu&ocirc;n kh&#7893; ph&aacute;p l&yacute; cho c&aacute;c t&agrave;i s&#7843;n tr&ecirc;n chu&#7895;i kh&#7889;i. Khi c&aacute;c quy t&#7855;c tr&#7903; n&ecirc;n r&otilde; r&agrave;ng h&#417;n, vi&#7879;c &aacute;p d&#7909;ng s&#7869; t&#259;ng t&#7889;c.<\/p>\n<p>S&#7921; k&#7871;t h&#7907;p gi&#7919;a t&agrave;i s&#7843;n th&#7921;c t&#7871; v&agrave; blockchain s&#7869; ti&#7871;p t&#7909;c t&#259;ng t&#7889;c khi l&ograve;ng tin &#273;&#432;&#7907;c x&acirc;y d&#7921;ng v&agrave; c&aacute;c khu&ocirc;n kh&#7893; qu&#7843;n l&yacute; tr&#432;&#7903;ng th&agrave;nh. S&#7921; k&#7871;t h&#7907;p m&#7841;nh m&#7869; n&agrave;y kh&ocirc;ng ch&#7881; l&agrave; m&#7897;t c&aacute;ch thay th&#7871; &#273;&#7875; &#273;&#7847;u t&#432; &#8211; &#273;&acirc;y l&agrave; n&#7873;n t&#7843;ng cho m&#7897;t h&#7879; sinh th&aacute;i t&agrave;i ch&iacute;nh hi&#7879;n &#273;&#7841;i v&agrave; d&#7877; ti&#7871;p c&#7853;n h&#417;n, n&#417;i quy&#7873;n s&#7903; h&#7919;u c&oacute; th&#7875; &#273;&#432;&#7907;c x&aacute;c minh, thanh kho&#7843;n v&agrave; m&#7903; cho t&#7845;t c&#7843;.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>T\u00e0i s\u1ea3n trong th\u1ebf gi\u1edbi th\u1ef1c (RWA) l\u00e0 c\u00e1c m\u1eb7t h\u00e0ng v\u1eadt l\u00fd ho\u1eb7c t\u00e0i ch\u00ednh c\u00f3 gi\u00e1 tr\u1ecb trong n\u1ec1n kinh t\u1ebf truy\u1ec1n th\u1ed1ng v\u00e0 c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c ch\u1ea1m v\u00e0o ho\u1eb7c s\u1edf h\u1eefu h\u1ee3p ph\u00e1p. Trong l\u1ecbch s\u1eed, \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c t\u00e0i s\u1ea3n n\u00e0y li\u00ean quan \u0111\u1ebfn c\u00e1c quy tr\u00ecnh d\u00e0i d\u00f2ng v\u00e0 th\u01b0\u1eddng t\u1ed1n k\u00e9m, \u0111\u00f2i h\u1ecfi nhi\u1ec1u th\u1ee7 t\u1ee5c gi\u1ea5y t\u1edd, ng\u00e2n h\u00e0ng v\u00e0 trung gian ph\u00e1p l\u00fd, d\u1eabn \u0111\u1ebfn r\u00e0o c\u1ea3n gia nh\u1eadp cao, khi\u1ebfn nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 b\u00ecnh th\u01b0\u1eddng b\u1ecb lo\u1ea1i ra. C\u00f4ng ngh\u1ec7 chu\u1ed7i kh\u1ed1i \u0111ang c\u00e1ch m\u1ea1ng h\u00f3a c\u01a1 h\u1ed9i \u0111\u1ea7u t\u01b0 b\u1eb1ng c\u00e1ch t\u1ea1o ra c\u00e1c ch\u1ee9ng th\u01b0 k\u1ef9 thu\u1eadt s\u1ed1 tr\u00ean s\u1ed5 ledger kh\u00f4ng th\u1ec3 thay \u0111\u1ed5i, \u0111\u1ea1i di\u1ec7n cho quy\u1ec1n s\u1edf h\u1eefu t\u00e0i s\u1ea3n v\u1eadt l\u00fd ho\u1eb7c t\u00e0i ch\u00ednh.<\/p>\n","protected":false},"author":1,"featured_media":13928,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[3],"tags":[11630,123,11629,11631,11627,11628],"class_list":["post-13927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-thoi-su","tag-cong-nghe-chuoi-khoi","tag-dau-tu","tag-kinh-te-truyen-thong","tag-quy-so-huu","tag-tai-san-thuc","tag-the-gioi-thuc"],"_links":{"self":[{"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/posts\/13927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/comments?post=13927"}],"version-history":[{"count":0,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/posts\/13927\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/media\/13928"}],"wp:attachment":[{"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/media?parent=13927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/categories?post=13927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/tags?post=13927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}