{"id":2752,"date":"2025-06-05T09:23:47","date_gmt":"2025-06-05T09:23:47","guid":{"rendered":"https:\/\/theexchain.com\/?p=2752"},"modified":"2025-06-06T03:11:57","modified_gmt":"2025-06-06T03:11:57","slug":"5-%ec%9e%90%ec%82%b0-%ed%86%a0%ed%81%b0%ed%99%94","status":"publish","type":"post","link":"https:\/\/theexchain.com\/ko\/5-%ec%9e%90%ec%82%b0-%ed%86%a0%ed%81%b0%ed%99%94\/","title":{"rendered":"5. \uc790\uc0b0 \ud1a0\ud070\ud654"},"content":{"rendered":"<h2 class=\"wp-block-heading has-text-color\" style=\"color:#443ddf\">5.1 \uc790\uc0b0 \ud1a0\ud070\ud654\uc640 \uc2e4\ubb3c\uc790\uc0b0(RWA)\uc758 \uac1c\ub150<\/h2>\n\n\n\n<p><strong>\ud559\uc2b5 \ubaa9\ud45c:<\/strong> \uc790\uc0b0 \ud1a0\ud070\ud654\uc640 \uc2e4\uc81c \uc790\uc0b0(RWA)\uc774 \ubb34\uc5c7\uc778\uc9c0 \uc815\uc758\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">\uc790\uc0b0 \ub514\uc9c0\ud138\ud654\uc758 \uc9c4\ud654<\/h4>\n\n\n\n<p>\uc790\uc0b0 \ud1a0\ud070\ud654\ub294 \uc790\uc0b0 \ub514\uc9c0\ud138\ud654 \ud504\ub85c\uc138\uc2a4\uc5d0\uc11c \uc911\uc694\ud55c \ub2e8\uacc4\uc785\ub2c8\ub2e4. \uc804\ud1b5\uc801\uc73c\ub85c \uc790\uc0b0 \uc18c\uc720\uad8c\uc740 \uc885\uc774 \ubb38\uc11c\ub098 \uc911\uc559\ud654\ub41c \ub370\uc774\ud130\ubca0\uc774\uc2a4\uc5d0 \uae30\ub85d\ub418\uc5c8\uc2b5\ub2c8\ub2e4. \ube14\ub85d\uccb4\uc778 \uae30\uc220\uc758 \ub4f1\uc7a5\uc73c\ub85c \uc790\uc0b0\uc740 \ud0c8\uc911\uc559\ud654\ub41c \ub124\ud2b8\uc6cc\ud06c\uc5d0\uc11c \ub514\uc9c0\ud138 \ud1a0\ud070\uc73c\ub85c \ud45c\ud604\ub418\uace0 \uac70\ub798\ub420 \uc218 \uc788\uac8c \ub418\uc5c8\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">\uc790\uc0b0 \ud1a0\ud070\ud654\uc758 \uc815\uc758 \ubc0f \ud504\ub85c\uc138\uc2a4<\/h4>\n\n\n\n<p>\uc790\uc0b0 \ud1a0\ud070\ud654\ub294 \ud604\uc2e4 \uc138\uacc4\uc5d0\uc11c \uac00\uce58 \uc788\ub294 \uc720\ud615 \ub610\ub294 \ubb34\ud615\uc758 \uc790\uc0b0(\ubd80\ub3d9\uc0b0, \uc608\uc220\ud488, \uc8fc\uc2dd, \ucc44\uad8c, \uc9c0\uc801 \uc7ac\uc0b0 \ub4f1)\uc744 \ube14\ub85d\uccb4\uc778 \uae30\uc220\uc744 \ud1b5\ud574 \ub514\uc9c0\ud138 \ud1a0\ud070\uc73c\ub85c \ubcc0\ud658\ud558\ub294 \uacfc\uc815\uc744 \ub9d0\ud569\ub2c8\ub2e4. \uc774\ub7ec\ud55c \ud1a0\ud070\uc740 \ube14\ub85d\uccb4\uc778\uc5d0 \ubc1c\ud589, \uae30\ub85d, \uc720\ud1b5\ub418\uba70 \uae30\ubcf8 \uc790\uc0b0\uc758 \uc77c\ubd80 \ub610\ub294 \uc804\uccb4 \uc18c\uc720\uad8c\uc744 \ub098\ud0c0\ub0c5\ub2c8\ub2e4.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">\uc2e4\uc81c \uc790\uc0b0(RWA)<\/h4>\n\n\n\n<p>RWA\ub294 \ube14\ub85d\uccb4\uc778 \uc678\ubd80\uc5d0 \uc874\uc7ac\ud558\uba70 \uc2e4\uc81c \uacbd\uc81c\uc801 \uac00\uce58\uac00 \uc788\ub294 \uc790\uc0b0\uc744 \uc758\ubbf8\ud569\ub2c8\ub2e4. \uc774\ub7ec\ud55c \uc790\uc0b0\uc740 \ub2e4\uc74c\uacfc \uac19\uc2b5\ub2c8\ub2e4:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uc720\ud615 \uc790\uc0b0:<\/strong> \ubd80\ub3d9\uc0b0, \uc608\uc220\ud488, \uc218\uc9d1\ud488, \uadc0\uae08\uc18d(\uae08, \uc740), \ucc28\ub7c9, \uc778\ud504\ub77c \ub4f1\uc785\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\ubb34\ud615 \uc790\uc0b0:<\/strong> \uc8fc\uc2dd, \ucc44\uad8c, \uc0ac\ubaa8\ud380\ub4dc, \ub300\ucd9c, \ubbf8\uc218\uae08, \uc9c0\uc801 \uc7ac\uc0b0(\ud2b9\ud5c8, \uc800\uc791\uad8c), \ud0c4\uc18c \ubc30\ucd9c\uad8c, \ubcf4\ud5d8 \uacc4\uc57d \ub4f1<\/li>\n<\/ul>\n\n\n\n<p>RWA \ud1a0\ud070\ud654\ub294 \uc774\ub7ec\ud55c \uc624\ud504\uccb4\uc778 \uc790\uc0b0\uc744 \ube14\ub85d\uccb4\uc778 \uc0dd\ud0dc\uacc4(\ud2b9\ud788 \ud0c8\uc911\uc559 \uae08\uc735 \ub0b4)\ub85c \uac00\uc838\uc640 \uc720\ub3d9\uc131\uc744 \ud655\ubcf4\ud558\uace0 \uc0c8\ub85c\uc6b4 \uae08\uc735 \uae30\ud68c\ub97c \ucc3d\ucd9c\ud558\ub294 \ub370 \uc911\uc694\ud55c \uac00\uad50 \uc5ed\ud560\uc744 \ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color\" style=\"color:#443ddf\">5.2 \uc790\uc0b0 \ud1a0\ud070\ud654 \uc791\ub3d9 \ubc29\uc2dd<\/h2>\n\n\n\n<p><strong>\ud559\uc2b5 \ubaa9\ud45c:<\/strong> \ube14\ub85d\uccb4\uc778\uc744 \ud1b5\ud574 \uc2e4\uc81c \uc790\uc0b0\uc774 \ub514\uc9c0\ud138 \ud1a0\ud070\uc5d0 \uc5b4\ub5bb\uac8c \ub9e4\ud551\ub418\ub294\uc9c0 \uc774\ud574\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/theexchain.com\/wp-content\/uploads\/2025\/06\/1749179270706-c199dcb9-ec5e-4c89-b2ea-dbf11dcf7fb4@1024x1024.png\" alt=\"\" class=\"wp-image-2809\" srcset=\"https:\/\/theexchain.com\/wp-content\/uploads\/2025\/06\/1749179270706-c199dcb9-ec5e-4c89-b2ea-dbf11dcf7fb4@1024x1024.png 1024w, https:\/\/theexchain.com\/wp-content\/uploads\/2025\/06\/1749179270706-c199dcb9-ec5e-4c89-b2ea-dbf11dcf7fb4@1024x1024-300x300.png 300w, https:\/\/theexchain.com\/wp-content\/uploads\/2025\/06\/1749179270706-c199dcb9-ec5e-4c89-b2ea-dbf11dcf7fb4@1024x1024-150x150.png 150w, https:\/\/theexchain.com\/wp-content\/uploads\/2025\/06\/1749179270706-c199dcb9-ec5e-4c89-b2ea-dbf11dcf7fb4@1024x1024-768x768.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>\uc790\uc0b0 \ud1a0\ud070\ud654 \ud504\ub85c\uc138\uc2a4\uc5d0\ub294 \uc77c\ubc18\uc801\uc73c\ub85c \ub2e4\uc74c \ub2e8\uacc4\uac00 \ud3ec\ud568\ub429\ub2c8\ub2e4:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\uc790\uc0b0 \uc120\ud0dd \ubc0f \ud3c9\uac00:<\/strong> \ud1a0\ud070\ud654\ud560 \uc790\uc0b0\uc744 \uc2dd\ubcc4\ud558\uace0 \uac00\uce58 \ud3c9\uac00, \uc18c\uc720\uad8c \ud655\uc778, \ubc95\uc801 \uc2e4\uc0ac\ub97c \uc218\ud589\ud569\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\ubc95\uc801 \uad6c\uc870 \uc124\uacc4:<\/strong> \uae30\ucd08 \uc790\uc0b0\uc5d0 \ub300\ud55c \ud1a0\ud070 \ubcf4\uc720\uc790\uc758 \ubc95\uc801 \uad8c\ub9ac\ub97c \ubcf4\uc7a5\ud558\uae30 \uc704\ud574 \uc801\uc808\ud55c \ubc95\uc801 \ud504\ub808\uc784\uc6cc\ud06c\uc640 \ud2b9\uc218\ubaa9\uc801\ud68c\uc0ac(SPV)\ub97c \uc124\ub9bd\ud569\ub2c8\ub2e4. \uc5ec\uae30\uc5d0\ub294 \uc2e0\ud0c1, \ud380\ub4dc \ub610\ub294 \uae30\ud0c0 \ubc95\uc801 \uad6c\uc870\uac00 \ud3ec\ud568\ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\ube14\ub85d\uccb4\uc778 \ud50c\ub7ab\ud3fc \ubc0f \ud1a0\ud070 \ud45c\uc900 \uc120\ud0dd:<\/strong> \uc801\ud569\ud55c \ube14\ub85d\uccb4\uc778 \ub124\ud2b8\uc6cc\ud06c(\uc608: \uc774\ub354\ub9ac\uc6c0, \ud3f4\ub9ac\uace4, \uc194\ub77c\ub098)\uc640 \ud1a0\ud070 \ud45c\uc900(\uc608: \ub300\uccb4 \uac00\ub2a5\ud55c \ud1a0\ud070\uc758 \uacbd\uc6b0 ERC-20, \ub300\uccb4 \ubd88\uac00\ub2a5\ud55c \ud1a0\ud070\uc758 \uacbd\uc6b0 ERC-721 \ub610\ub294 ERC-1155, \ub610\ub294 \ud2b9\uc218 \ubcf4\uc548 \ud1a0\ud070 \ud45c\uc900)\uc744 \uc120\ud0dd\ud569\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\uc2a4\ub9c8\ud2b8 \uacc4\uc57d \uac1c\ubc1c:<\/strong> \ud1a0\ud070\uc758 \uc18d\uc131, \ubc1c\ud589 \uaddc\uce59, \uac70\ub798 \ub85c\uc9c1, \uad8c\ub9ac \ubd84\ubc30(\ubc30\ub2f9\uae08, \uc784\ub300 \uc218\uc775 \ub4f1), \uc7a0\uc7ac\uc801\uc778 \uac70\ubc84\ub10c\uc2a4 \uba54\ucee4\ub2c8\uc998\uc744 \uc815\uc758\ud558\ub294 \uc2a4\ub9c8\ud2b8 \ucee8\ud2b8\ub799\ud2b8\ub97c \uc0dd\uc131\ud569\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\uc790\uc0b0 \uad00\ub9ac \ubc0f \uc5f0\uacb0:<\/strong> \ud544\uc694\ud55c \uacbd\uc6b0 \uc2e4\ubb3c \uc790\uc0b0\uc744 \uc2e0\ub8b0\ud560 \uc218 \uc788\ub294 \uc218\ud0c1 \uae30\uad00\uc5d0 \ub9e1\uae30\uace0 \uc628\uccb4\uc778 \ud1a0\ud070\uc774 \uc624\ud504\uccb4\uc778 \uc790\uc0b0\uc758 \uad8c\ud55c\uacfc \uc5f0\uacb0\ub418\uace0 \ub3d9\uae30\ud654\ub418\ub3c4\ub85d \ud558\ub294 \uba54\ucee4\ub2c8\uc998\uc744 \uc124\uc815\ud569\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\ud1a0\ud070 \ubc1c\ud589 \ubc0f \ubc30\ud3ec:<\/strong> \uc99d\uad8c\ud615 \ud1a0\ud070 \uacf5\uac1c(STO) \ub610\ub294 \uae30\ud0c0 \uaddc\uc815\uc744 \uc900\uc218\ud558\ub294 \ubc29\ubc95\uc744 \ud1b5\ud574 \uc790\uaca9\uc744 \uac16\ucd98 \ud22c\uc790\uc790\uc5d0\uac8c \ud1a0\ud070\uc744 \ubc1c\ud589\ud558\uace0 \ubc30\ud3ec\ud569\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>2\ucc28 \uc2dc\uc7a5 \uac70\ub798:<\/strong> \ud1a0\ud070\uc740 \uaddc\uc815\uc744 \uc900\uc218\ud558\ub294 \uac70\ub798\uc18c\ub098 P2P \ud50c\ub7ab\ud3fc\uc5d0\uc11c \uac70\ub798\ud560 \uc218 \uc788\uc73c\uba70, \uc720\ub3d9\uc131\uc744 \uc81c\uacf5\ud569\ub2c8\ub2e4.<\/li>\n<\/ol>\n\n\n\n<h4 class=\"wp-block-heading\">\ud1a0\ud070\ud654\uc5d0\uc11c \uc2a4\ub9c8\ud2b8 \ucee8\ud2b8\ub799\ud2b8\uc758 \uc5ed\ud560<\/h4>\n\n\n\n<p>\uc2a4\ub9c8\ud2b8 \ucee8\ud2b8\ub799\ud2b8\ub294 \uc790\uc0b0 \ud1a0\ud070\ud654\uc758 \ud575\uc2ec \uae30\uc220\uc785\ub2c8\ub2e4. \uc2a4\ub9c8\ud2b8 \ucee8\ud2b8\ub799\ud2b8\ub294 \uc18c\uc720\uad8c \uc774\uc804, \uc218\uc775 \ubd84\ubc30, \uc758\uacb0\uad8c \ub4f1 \uc790\uc0b0 \uad00\ub828 \uc870\uac74\uc758 \uc2e4\ud589\uc744 \uc790\ub3d9\ud654\ud558\uc5ec \uc218\ub3d9 \uac1c\uc785\uc744 \uc904\uc774\uba74\uc11c \ud6a8\uc728\uc131\uacfc \ud22c\uba85\uc131\uc744 \uac1c\uc120\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">\ubd80\ubd84 \uc18c\uc720\uad8c<\/h4>\n\n\n\n<p>\ud1a0\ud070\ud654\ub97c \ud1b5\ud574 \ubd80\ub3d9\uc0b0\uc774\ub098 \uba85\ud654\uc640 \uac19\uc774 \ubd84\ud560\ud560 \uc218 \uc5c6\ub294 \uace0\uac00 \uc790\uc0b0\uc744 \ub354 \uc791\uc740 \ud1a0\ud070 \uc9c0\ubd84\uc73c\ub85c \ub098\ub20c \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub97c \ud1b5\ud574 \ub354 \ub9ce\uc740 \uc18c\uaddc\ubaa8 \ud22c\uc790\uc790\uac00 \ucc38\uc5ec\ud558\uc5ec \ud22c\uc790 \ubb38\ud131\uc744 \ub0ae\ucd9c \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color\" style=\"color:#443ddf\">5.3 \uc790\uc0b0 \ud1a0\ud070\ud654\uc758 \ud575\uc2ec \uc774\uc810<\/h2>\n\n\n\n<p><strong>\ud559\uc2b5 \ubaa9\ud45c:<\/strong> \ud1a0\ud070\ud654\uac00 \uc790\uc0b0 \uc720\ub3d9\uc131\uacfc \uc811\uadfc\uc131\uc744 \uc5b4\ub5bb\uac8c \ud5a5\uc0c1\uc2dc\ud0a4\ub294\uc9c0 \uc54c\uc544\ubcf4\uc138\uc694.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\uc790\uc0b0 \uc720\ub3d9\uc131 \uc99d\uac00:<\/strong> \ubd80\ub3d9\uc0b0, \uc0ac\ubaa8\ud380\ub4dc, \uc608\uc220\ud488 \ub4f1 \uc804\ud1b5\uc801\uc73c\ub85c \ube44\uc720\ub3d9\uc801\uc778 \uc790\uc0b0\uc744 \ud1a0\ud070\ud654\ud558\uc5ec \uae00\ub85c\ubc8c \uc720\ud1b5 \uc2dc\uc7a5\uc5d0\uc11c \ub354 \uc27d\uac8c \uac70\ub798\ud560 \uc218 \uc788\uc5b4 \uc720\ub3d9\uc131\uc744 \ud06c\uac8c \uac1c\uc120\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\ud22c\uc790 \ubb38\ud131\uc744 \ub0ae\ucd94\uc138\uc694:<\/strong> \ubd80\ubd84 \uc18c\uc720\uad8c\uc744 \ud1b5\ud574 \uc18c\uc561 \ud22c\uc790\uc790\ub3c4 \uace0\uac00\uce58 \uc790\uc0b0\uc5d0 \ud22c\uc790\ud560 \uc218 \uc788\uc5b4 \ud22c\uc790\uc790 \uc800\ubcc0\uc774 \ud655\ub300\ub418\uace0 \ud22c\uc790 \uae30\ud68c\uac00 \ubbfc\uc8fc\ud654\ub429\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\uc5f0\uc911\ubb34\ud734 24\uc2dc\uac04 \uac70\ub798 \uac00\ub2a5:<\/strong> \ube14\ub85d\uccb4\uc778 \uae30\ubc18 \uc2dc\uc7a5\uc740 \uae30\uc874 \uac70\ub798\uc18c\uc758 \uc601\uc5c5\uc2dc\uac04\uc5d0 \uad6c\uc560\ubc1b\uc9c0 \uc54a\uace0 \uc9c0\uc18d\uc801\uc73c\ub85c \uc6b4\uc601\ud560 \uc218 \uc788\uc5b4 \uac70\ub798 \uc720\uc5f0\uc131\uacfc \ud6a8\uc728\uc131\uc774 \ud5a5\uc0c1\ub429\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\uc911\uac1c \ube44\uc6a9 \uc808\uac10 \ubc0f \ud6a8\uc728\uc131 \ud5a5\uc0c1:<\/strong> \ud1a0\ud070\ud654\uc640 \uc2a4\ub9c8\ud2b8 \ucf58\ud2b8\ub799\ud2b8\ub294 \uccad\uc0b0, \uacb0\uc81c, \uc18c\uc720\uad8c \ub4f1\ub85d \ub4f1 \uae30\uc874 \uc790\uc0b0 \uac70\ub798\uc758 \ub9ce\uc740 \uc218\uc791\uc5c5\uc744 \uc790\ub3d9\ud654\ud558\uc5ec \uc740\ud589, \uc911\uac1c\uc778, \ubcc0\ud638\uc0ac\uc5d0 \ub300\ud55c \uc758\uc874\ub3c4\ub97c \ub0ae\ucd94\uace0 \uac70\ub798 \ube44\uc6a9\uacfc \uc2dc\uac04\uc744 \uc904\uc77c \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\ud22c\uba85\uc131 \ubc0f \uac80\uc99d \uac00\ub2a5\uc131 \ud5a5\uc0c1:<\/strong> \uc18c\uc720\uad8c \uae30\ub85d\uacfc \uac70\ub798 \ub0b4\uc5ed\uc740 \ubcc0\uacbd \ubd88\uac00\ub2a5\ud55c \ube14\ub85d\uccb4\uc778\uc5d0 \uae30\ub85d\ub418\uc5b4 \ub204\uad6c\ub098 (\uad8c\ud55c \ud55c\ub3c4 \ub0b4\uc5d0\uc11c) \uc774\ub97c \uc5f4\ub78c\ud558\uace0 \ud655\uc778\ud560 \uc218 \uc788\uc5b4 \uc2dc\uc7a5\uc758 \ud22c\uba85\uc131\uacfc \uc2e0\ub8b0\uac00 \ud5a5\uc0c1\ub429\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\ud5a5\uc0c1\ub41c \uad6c\uc131\uc131:<\/strong> \ud1a0\ud070\ud654\ub41c \uc790\uc0b0\uc740 \ud0c8\uc911\uc559\ud654 \uae08\uc735 \ud504\ub85c\ud1a0\ucf5c\uc5d0 \ub354 \uc27d\uac8c \ud1b5\ud569\ub418\uc5b4 \ud1a0\ud070\ud654\ub41c \ubd80\ub3d9\uc0b0\uc744 \ub300\ucd9c \ub2f4\ubcf4\ub85c \uc0ac\uc6a9\ud558\ub294 \ub4f1 \uc0c8\ub85c\uc6b4 \uae08\uc735 \uc0c1\ud488\uacfc \uc11c\ube44\uc2a4\ub97c \ub9cc\ub4e4 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\ud655\uc7a5\ub41c \ud30c\uc774\ub0b8\uc2f1 \ucc44\ub110:<\/strong> \uc790\uc0b0 \uc18c\uc720\uc790\uc5d0\uac8c \uc0c8\ub85c\uc6b4 \uc790\uae08 \uc870\ub2ec \uc218\ub2e8\uc744 \uc81c\uacf5\ud558\uc5ec \ub354 \uad11\ubc94\uc704\ud55c \uae00\ub85c\ubc8c \ud22c\uc790\uc790\uc5d0\uac8c \ub2e4\uac00\uac08 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ol>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color\" style=\"color:#443ddf\">5.4 \uc790\uc0b0 \ud1a0\ud070\ud654\uc758 \uc8fc\uc694 \uc801\uc6a9 \ubd84\uc57c<\/h2>\n\n\n\n<p><strong>\ud559\uc2b5 \ubaa9\ud45c:<\/strong> \ub2e4\uc591\ud55c \uc790\uc0b0 \ud074\ub798\uc2a4\uc5d0\uc11c \ud1a0\ud070\ud654\uc758 \uad6c\uccb4\uc801\uc778 \uc801\uc6a9 \uc0ac\ub840\ub97c \uc0b4\ud3b4\ubcf4\uc138\uc694.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\ubd80\ub3d9\uc0b0 \ud1a0\ud070\ud654:<\/strong> \uc0c1\uc5c5\uc6a9 \ubd80\ub3d9\uc0b0, \uc8fc\uac70\uc6a9 \ubd80\ub3d9\uc0b0, \ud638\ud154 \ub4f1\uc744 \ud1a0\ud070\ud654\ud558\uba74 \ud22c\uc790\uc790\ub294 \uc77c\ubd80 \uc18c\uc720\uad8c\uc744 \uad6c\ub9e4\ud558\uace0 \uc784\ub300 \uc218\uc775\uc774\ub098 \uac00\uce58 \uc0c1\uc2b9\uc744 \uacf5\uc720\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\uc8fc\uc2dd \ubc0f \ucc44\uad8c \ud1a0\ud070\ud654(\uc99d\uad8c\ud615 \ud1a0\ud070):<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>\uc8fc\uc2dd:<\/strong> \ud68c\uc0ac \uc8fc\uc2dd\uc744 \ud1a0\ud070\ud654\ud558\uba74 \uc2a4\ud0c0\ud2b8\uc5c5\uc758 \uc790\uae08 \uc870\ub2ec\uc774\ub098 \uae30\uc874 \uc8fc\uc2dd\uc758 \uc720\ud1b5\uc744 \uc6a9\uc774\ud558\uac8c \ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\ucc44\uad8c:<\/strong> \uc608\ub97c \ub4e4\uc5b4, \ud544\ub9ac\ud540\uc740 \ubc1c\ud589 \ud6a8\uc728\uc131\uacfc \uc2dc\uc7a5 \ud22c\uba85\uc131\uc744 \ub192\uc774\uae30 \uc704\ud574 \uad6d\ucc44\uc758 \ud1a0\ud070\ud654\ub97c \ucd94\uc9c4\ud588\uc2b5\ub2c8\ub2e4. \ud68c\uc0ac\ucc44\ub3c4 \ud1a0\ud070\ud654\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\uc608\uc220\uacfc \uc218\uc9d1 \uac00\ub2a5\ud55c \ud1a0\ud070\ud654:<\/strong> \uba85\ud654, \uace8\ub3d9\ud488, \uba85\ud488(\uc2dc\uacc4 \ub4f1)\uc744 \ud1a0\ud070\ud654\ud558\uba74 \ud22c\uc790\uc790\ub294 \uace0\uac00\uc758 \uc218\uc9d1\ud488\uc744 \uacf5\ub3d9 \uc18c\uc720\ud558\uac70\ub098 \uc544\ud2f0\uc2a4\ud2b8\uc5d0\uac8c \uc0c8\ub85c\uc6b4 \uc790\uae08 \uc870\ub2ec \ubc0f \uc218\uc775\ud654 \uc635\uc158\uc744 \uc81c\uacf5\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\uadc0\uae08\uc18d \ubc0f \uc0c1\ud488 \ud1a0\ud070\ud654:<\/strong> \uc608\ub97c \ub4e4\uc5b4, \uac01 \ud1a0\ud070\uc774 \uc77c\uc815\ub7c9\uc758 \uc2e4\ubb3c \uae08 \uc18c\uc720\uad8c\uc744 \ub098\ud0c0\ub0b4\uc5b4 \uac70\ub798\uc640 \uc800\uc7a5\uc744 \uc6a9\uc774\ud558\uac8c \ud558\ub294 \uae08 \ud1a0\ud070\ud654(\uc608: PAXG)\ub97c \ub4e4 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\ud380\ub4dc \uacf5\uc720 \ud1a0\ud070\ud654:<\/strong> \uc0ac\ubaa8\ud380\ub4dc, \ubca4\ucc98\uce90\ud53c\ud138, \ud5e4\uc9c0\ud380\ub4dc\uc758 \uc8fc\uc2dd\uc744 \ud1a0\ud070\ud654\ud558\uba74 \uc720\ub3d9\uc131\uacfc \uc591\ub3c4\uc131\uc774 \ud5a5\uc0c1\ub429\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\uc9c0\uc801 \uc7ac\uc0b0 \ud1a0\ud070\ud654:<\/strong> \uc74c\uc545 \ub85c\uc5f4\ud2f0, \ud2b9\ud5c8\uad8c, \uc601\ud654 \ud310\uad8c \ub4f1\uc744 \ud1a0\ud070\ud654\ud558\uba74 \uc790\uae08 \uc870\ub2ec\uc774\ub098 \uc218\uc775 \uacf5\uc720\uac00 \uac00\ub2a5\ud569\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\ud0c4\uc18c \ud06c\ub808\ub527 \ud1a0\ud070\ud654:<\/strong> \ud0c4\uc18c \ubc30\ucd9c \ud5c8\uc6a9\ub7c9 \ub610\ub294 \uac10\ucd95\ub7c9\uc744 \ud1a0\ud070\ud654\ud558\uba74 \ud0c4\uc18c \uc2dc\uc7a5\uc758 \uc720\ub3d9\uc131\uacfc \ud22c\uba85\uc131\uc744 \ucd09\uc9c4\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\ub9e4\ucd9c\ucc44\uad8c \ubc0f \uacf5\uae09\ub9dd \uae08\uc735:<\/strong> \uae30\uc5c5\uc740 \ubbf8\uc218\uae08\uc744 \ud1a0\ud070\ud654\ud558\uc5ec \uc790\uae08\uc744 \uc870\ub2ec\ud558\uace0 \ud604\uae08 \ud750\ub984\uc744 \uac1c\uc120\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\ub18d\uc0b0\ubb3c \ub2f4\ubcf4 \ub300\ucd9c:<\/strong> \uc608\ub97c \ub4e4\uc5b4, \uc2a4\ud398\uc778\uc758 \ud55c \uc740\ud589\uc740 \ube14\ub85d\uccb4\uc778\uacfc \ud611\ub825\ud558\uc5ec \uc625\uc218\uc218 \uc218\ud655\uad8c\uacfc \uac19\uc740 \ub18d\uc0b0\ubb3c\uc744 \uc2e0\uc6a9 \ub2f4\ubcf4\ub85c \ud1a0\ud070\ud654\ud558\uc5ec \ub18d\ubd80\ub4e4\uc758 \uc790\uae08 \uc218\uc694\ub97c \uc9c0\uc6d0\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>\uc2a4\ud14c\uc774\ube14\ucf54\uc778:<\/strong> \uc2a4\ud14c\uc774\ube14\ucf54\uc778 \uc790\uccb4\ub294 \ubbf8\uad6d \ub2ec\ub7ec\uc640 \uac19\uc740 \ubc95\uc815\uc790\uc0b0\uc744 \ud1a0\ud070\ud654\ud558\uc5ec \ube14\ub85d\uccb4\uc778\uc73c\ub85c \uac00\uc838\uc624\ub294 RWA \ud1a0\ud070\ud654\uc758 \uc131\uacf5\uc801\uc778 \uc0ac\ub840\uc785\ub2c8\ub2e4.<\/li>\n<\/ol>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color\" style=\"color:#443ddf\">5.5 \ud0c8\uc911\uc559 \uae08\uc735\uc5d0\uc11c \ud1a0\ud070\ud654\ub41c \uc790\uc0b0\uc758 \uc801\uc6a9<\/h2>\n\n\n\n<p><strong>\ud559\uc2b5 \ubaa9\ud45c:<\/strong> RWA\uac00 \ud0c8\uc911\uc559\ud654 \uae08\uc735(DeFi)\uacfc \uc5b4\ub5bb\uac8c \ud1b5\ud569\ub418\ub294\uc9c0 \uc54c\uc544\ubcf4\uc138\uc694.<\/p>\n\n\n\n<p>\ud0c8\uc911\uc559\ud654 \uae08\uc735(DeFi)\uc5d0 \uc2e4\ubb3c \uc790\uc0b0(RWA)\uc744 \ub3c4\uc785\ud558\ub294 \uac83\uc740 \ube14\ub85d\uccb4\uc778 \uc5c5\uacc4\uc5d0\uc11c \uc911\uc694\ud55c \ucd94\uc138\ub85c, \uc804\ud1b5\uc801\uc778 \uae08\uc735 \uc2dc\uc7a5\uacfc \uc2e0\ud765 DeFi \uc0dd\ud0dc\uacc4\ub97c \uc5f0\uacb0\ud558\ub294 \uac83\uc744 \ubaa9\ud45c\ub85c \ud569\ub2c8\ub2e4. \ud0c8\uc911\uc559 \uae08\uc735\uc5d0\uc11c RWA\uc758 \uc8fc\uc694 \uc801\uc6a9 \ubd84\uc57c\ub294 \ub2e4\uc74c\uacfc \uac19\uc2b5\ub2c8\ub2e4:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\ub300\ucd9c \ub2f4\ubcf4\ub85c\uc11c\uc758 RWA:<\/strong>\n<ul class=\"wp-block-list\">\n<li>\uba54\uc774\ucee4\ub2e4\uc624, \uc5d0\uc774\ube0c, \ucef4\ud30c\uc6b4\ub4dc\uc640 \uac19\uc740 \ud0c8\uc911\uc559 \uae08\uc735 \ub300\ucd9c \ud504\ub85c\ud1a0\ucf5c\uc740 \uc2a4\ud14c\uc774\ube14\ucf54\uc778\uc774\ub098 \uae30\ud0c0 \uc554\ud638\ud654\ud3d0 \uc790\uc0b0\uc744 \ub2f4\ubcf4\ub85c \ud1a0\ud070\ud654\ub41c RWA(\ud1a0\ud070\ud654\ub41c \ubd80\ub3d9\uc0b0, \uc5b4\uc74c, \ucc44\uad8c)\ub97c \ub300\ucd9c\ud558\ub294 \uac83\uc744 \uac80\ud1a0\ud558\uae30 \uc2dc\uc791\ud588\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li>\uc774\ub97c \ud1b5\ud574 \ud0c8\uc911\uc559\ud654 \uae08\uc735 \ud504\ub85c\ud1a0\ucf5c\uc5d0 \ud5c8\uc6a9\ub418\ub294 \ub2f4\ubcf4\uc758 \ubc94\uc704\uac00 \ud655\ub300\ub418\uc5b4 \uc21c\uc218 \uc554\ud638\ud654\ud3d0 \uc790\uc0b0\uc5d0 \ub300\ud55c \uc758\uc874\ub3c4\ub97c \ub0ae\ucd94\uace0 RWA \ubcf4\uc720\uc790\uc5d0\uac8c \uc0c8\ub85c\uc6b4 \uc790\uae08 \uc870\ub2ec \ucc44\ub110\uc744 \uc81c\uacf5\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>RWA\ub97c \uae30\ubc18\uc73c\ub85c \ud55c \uc218\uc775\ub960 \uc0c1\ud488:<\/strong>\n<ul class=\"wp-block-list\">\n<li>\uc784\ub300\ub8cc, \ub300\ucd9c \uc774\uc790 \ub4f1 \uc704\ud5d8\uac00\uc911\uc790\uc0b0 \ud604\uae08 \ud750\ub984\uc5d0 \uae30\ubc18\ud55c \uad6c\uc870\ud654 \uc0c1\ud488 \ub610\ub294 \uc774\uc790 \uc218\uc775 \ud1a0\ud070\uc744 \uc0dd\uc131\ud558\uba74 DeFi \ud22c\uc790\uc790\uc5d0\uac8c \uc554\ud638\ud654\ud3d0 \uc2dc\uc7a5\uacfc \uc0c1\uad00\uad00\uacc4\uac00 \ub0ae\uc740 \uc548\uc815\uc801\uc778 \uc218\uc775\uc6d0\uc744 \uc81c\uacf5\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li>\uc608\ub97c \ub4e4\uc5b4, DeFi \uc0ac\uc6a9\uc790\uac00 \ud22c\uc790\ud560 \uc218 \uc788\ub3c4\ub85d \ub2e8\uae30 \uae30\uc5c5 \ub300\ucd9c\uacfc \uac19\uc774 \uc548\uc815\uc801\uc778 \ud604\uae08 \ud750\ub984\uc744 \ucc3d\ucd9c\ud558\ub294 \ud1a0\ud070\ud654\ub41c RWA\ub97c \ubc88\ub4e4\ub85c \uc81c\uacf5\ud558\ub294 \uac83\uc785\ub2c8\ub2e4.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\uc804\ud1b5 \uae08\uc735\uacfc \ub514\ud30c\uc774\uc758 \uc5f0\uacb0:<\/strong>\n<ul class=\"wp-block-list\">\n<li>RWA \ud1a0\ud070\ud654\ub294 \uae30\uc874 \uae08\uc735 \uc2dc\uc7a5\uc758 \ubc29\ub300\ud55c \uc720\ub3d9\uc131\uacfc \uc790\uc0b0 \ud074\ub798\uc2a4\ub97c \ub514\ud30c\uc774\ub85c \uac00\uc838\uc640 \ub354 \uad11\ubc94\uc704\ud55c \uc560\ud50c\ub9ac\ucf00\uc774\uc158 \uc2dc\ub098\ub9ac\uc624\uc640 \ub514\ud30c\uc774\uc758 \uc9c0\uc18d \uac00\ub2a5\ud55c \uc131\uc7a5\uc744 \uc81c\uacf5\ud569\ub2c8\ub2e4.<\/li>\n\n\n\n<li>\ubc18\ub300\ub85c, DeFi\uc758 \ud6a8\uc728\uc131\uacfc \ud22c\uba85\uc131\uc740 \uae30\uc874 RWA \uc2dc\uc7a5\uc5d0\ub3c4 \ud601\uc2e0\uc744 \uac00\uc838\uc62c \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>RWA \uc9c0\uc6d0 \uc2a4\ud14c\uc774\ube14\ucf54\uc778:<\/strong> \ubc95\uc815\uc790\uc0b0\uacfc \uc554\ud638\ud654\ud3d0 \uc790\uc0b0 \uc678\uc5d0\ub3c4 RWA\ub294 \uc2a4\ud14c\uc774\ube14\ucf54\uc778\uc758 \ub2f4\ubcf4 \uc5ed\ud560\uc744 \ud560 \uc218 \uc788\uc5b4 \ub354\uc6b1 \ub2e4\uc591\ud55c \uc2a4\ud14c\uc774\ube14\ucf54\uc778 \uc635\uc158\uc744 \uc81c\uacf5\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li><strong>RWA\ub97c \uc704\ud55c \uc720\ub3d9\uc131 \ud480\uacfc \uc2dc\uc7a5\uc870\uc131:<\/strong> DEX\uc5d0\uc11c RWA \ud1a0\ud070\uc744 \uc704\ud55c \uc720\ub3d9\uc131 \ud480\uc744 \uc0dd\uc131\ud558\uba74 \uc0ac\uc6a9\uc790\ub294 \uc774\ub7ec\ud55c \uc790\uc0b0\uc744 \uac70\ub798\ud558\uace0 \uc720\ub3d9\uc131 \uacf5\uae09\uc790\uc5d0\uac8c \uc218\uc775\uc744 \ucc3d\ucd9c\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ol>\n\n\n\n<p>\uadf8\ub7ec\ub098 \ud0c8\uc911\uc559 \uae08\uc735\uc5d0\uc11c RWA\ub97c \uc801\uc6a9\ud558\ub294 \ub370\uc5d0\ub294 \uc790\uc0b0 \ud3c9\uac00, \ubc95\uc801 \uad8c\ub9ac, \ucee4\uc2a4\ud130\ub514, \uccad\uc0b0 \uba54\ucee4\ub2c8\uc998\uc758 \ubcf5\uc7a1\uc131, \uc624\ud504\uccb4\uc778 \uc790\uc0b0\uacfc \uc628\uccb4\uc778 \ud1a0\ud070 \uac04\uc758 \uc2e0\ub8b0\ud560 \uc218 \uc788\ub294 \uc5f0\uacb0 \ubcf4\uc7a5 \ub4f1\uc758 \ubb38\uc81c\ub3c4 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color\" style=\"color:#443ddf\">5.6 \uc790\uc0b0 \ud1a0\ud070\ud654\uc758 \uacfc\uc81c\uc640 \ub9ac\uc2a4\ud06c<\/h2>\n\n\n\n<p><strong>\ud559\uc2b5 \ubaa9\ud45c:<\/strong> \ud1a0\ud070\ud654 \uacfc\uc815\uc758 \uc8fc\uc694 \ubc95\uc801, \uaddc\uc81c\uc801, \uae30\uc220\uc801 \uc704\ud5d8\uc744 \ud30c\uc545\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">\ubc95\uc801 \uad8c\ub9ac \ubc0f \uc18c\uc720\uad8c \uc815\uc758 \ubb38\uc81c:<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uc628\uccb4\uc778 \ud1a0\ud070\uc774 \uc624\ud504\uccb4\uc778 \uc2e4\ubb3c \uc790\uc0b0\uc5d0 \ub300\ud55c \ubc95\uc801 \uc18c\uc720\uad8c \ub610\ub294 \uad8c\ub9ac\ub97c \uc9c4\uc815\uc73c\ub85c \ub098\ud0c0\ub0b4\ub294\uc9c0 \ud655\uc778\ud558\ub294 \uac83\uc740 \uac00\uc7a5 \ud070 \uacfc\uc81c \uc911 \ud558\ub098\uc785\ub2c8\ub2e4. \uad00\ud560 \uc9c0\uc5ed\ub9c8\ub2e4 \uc774\uc640 \uad00\ub828\ub41c \ubc95\uc801 \uaddc\uc815\uc774 \ub2e4\ub985\ub2c8\ub2e4.<\/li>\n\n\n\n<li>\ud1a0\ud070 \ubcf4\uc720\uc790\uc758 \uad8c\ub9ac(\uc608: \ud22c\ud45c\uad8c, \uc218\uc775 \ubd84\ubc30\uad8c, \uc0c1\ud658\uad8c)\ub97c \uba85\ud655\ud558\uac8c \uc815\uc758\ud558\uace0 \ubc95\uc801\uc73c\ub85c \ubcf4\ud638\ud574\uc57c \ud569\ub2c8\ub2e4.<\/li>\n\n\n\n<li>\ud2b9\ud788 \ub300\uccb4 \ubd88\uac00\ub2a5\ud55c \ud1a0\ud070 \uc608\uc220\ud488\uacfc \uc2e4\ubb3c \uc790\uc0b0\uc758 \uc18c\uc720\uad8c\uacfc \uad00\ub828\ud574\uc11c\ub294 \ud30c\uc0b0 \uc2dc \uc790\uc0b0 \ucc98\ub9ac\uc5d0 \uad00\ud55c \ubc95\uc801 \ud504\ub808\uc784\uc6cc\ud06c\uac00 \uc544\uc9c1 \ubbf8\ube44\ud55c \uc0c1\ud0dc\uc785\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">\uae00\ub85c\ubc8c \uaddc\uc81c \uc815\ucc45\uc758 \ubd88\ud655\uc2e4\uc131:<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uc790\uc0b0 \ud1a0\ud070\ud654(\ud2b9\ud788 \uc99d\uad8c\uc758 \uacbd\uc6b0)\ub294 \uac01\uad6d\uc758 \uc99d\uad8c\ubc95 \ubc0f \uae08\uc735 \uaddc\uc81c\uc5d0 \ub530\ub77c \uc5c4\uaca9\ud55c \uaddc\uc81c\ub97c \ubc1b\uc2b5\ub2c8\ub2e4. \ud604\uc7ac \uc804 \uc138\uacc4\uc801\uc73c\ub85c \ud1b5\uc77c\ub41c \uaddc\uc81c \ud45c\uc900\uc774 \ubd80\uc871\ud569\ub2c8\ub2e4.<\/li>\n\n\n\n<li>\uaddc\uc81c \uae30\uad00\uc740 \ud1a0\ud070\uc774 \uc99d\uad8c\uc5d0 \ud574\ub2f9\ud558\ub294\uc9c0 \uc5ec\ubd80, KYC\/AML \uc218\ud589 \ubc29\ubc95, \uc138\uae08 \ucc98\ub9ac\uc5d0 \ub300\ud574 \uc5ec\uc804\ud788 \uac80\ud1a0 \uc911\uc785\ub2c8\ub2e4. FATF\uc640 IOSCO \uac19\uc740 \uad6d\uc81c\uae30\uad6c\uc5d0\uc11c \uac00\uc774\ub4dc\ub77c\uc778\uc744 \uc81c\uc815\ud558\ub824\uace0 \uc2dc\ub3c4\ud558\uace0 \uc788\uc9c0\ub9cc \uad6d\uac00\ub9c8\ub2e4 \uc2dc\ud589 \uc5ec\ubd80\ub294 \ub2e4\ub985\ub2c8\ub2e4.<\/li>\n\n\n\n<li>\uaddc\uc81c \uc815\ucc45\uc758 \ubcc0\ud654\ub294 \uae30\uc874 \ud1a0\ud070\ud654 \ud504\ub85c\uc81d\ud2b8\uc5d0 \uc0c1\ub2f9\ud55c \uc601\ud5a5\uc744 \ubbf8\uce60 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">\uae30\uc874 \uae08\uc735 \uc2dc\uc2a4\ud15c\uc758 \uc7a5\ubcbd\uacfc \uad00\uc131:<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uae30\uc874 \uae08\uc735 \uae30\uad00\uc740 \uc0c8\ub85c\uc6b4 \uae30\uc220\uc744 \ubc1b\uc544\ub4e4\uc774\ub294 \uc18d\ub3c4\uac00 \ub290\ub824 \ud1a0\ud070\ud654\ub41c \uc790\uc0b0\uacfc\uc758 \ud638\ud658\uc131 \ubb38\uc81c\uc5d0 \uc9c1\uba74\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li>\ub192\uc740 \uaddc\uc815 \uc900\uc218 \ube44\uc6a9\uacfc \uae30\uc874 \uc2dc\uc7a5 \uad6c\uc870\ub294 \ud1a0\ud070\ud654 \ucd09\uc9c4\uc5d0 \ubc29\ud574\uac00 \ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">\uc2a4\ub9c8\ud2b8 \ucee8\ud2b8\ub799\ud2b8 \ucde8\uc57d\uc810\uacfc \ud50c\ub7ab\ud3fc \uc704\ud5d8:<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ud1a0\ud070\ud654\ub41c \uc790\uc0b0\uc744 \ubc1c\ud589\ud558\uace0 \uad00\ub9ac\ud558\ub294 \ub370 \uc0ac\uc6a9\ub418\ub294 \uc2a4\ub9c8\ud2b8 \ucee8\ud2b8\ub799\ud2b8\uc5d0\ub294 \ud574\ucee4\uac00 \uc545\uc6a9\ud560 \uc218 \uc788\ub294 \ud504\ub85c\uadf8\ub798\ubc0d \ucde8\uc57d\uc810\uc774 \uc788\uc744 \uc218 \uc788\uc73c\uba70, \uc774\ub85c \uc778\ud574 \uc790\uc0b0 \uc190\uc2e4\uc774 \ubc1c\uc0dd\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li>\ud1a0\ud070 \ubc1c\ud589 \ud50c\ub7ab\ud3fc, \uac70\ub798\uc18c \ub610\ub294 \ucee4\uc2a4\ud130\ub514\uc5b8\uc758 \ubcf4\uc548 \ub610\ud55c \ub9e4\uc6b0 \uc911\uc694\ud569\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">\uc790\uc0b0 \ud3c9\uac00 \ubc0f \uac00\uaca9 \ucc45\uc815\uc758 \ubcf5\uc7a1\uc131:<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uc608\uc220\ud488\uc774\ub098 \uc0ac\ubaa8\ud380\ub4dc\uc640 \uac19\uc740 \uace0\uc720\ud55c RWA\ub97c \uc815\ud655\ud558\uac8c \ud3c9\uac00\ud558\uace0 \uc720\ud1b5 \uc2dc\uc7a5\uc5d0\uc11c \uacf5\uc815\ud55c \uac00\uaca9\uc744 \ud615\uc131\ud558\ub294 \uac83\uc740 \uc5b4\ub824\uc6b8 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">\uc720\ub3d9\uc131 \ubb38\uc81c:<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ud1a0\ud070\ud654\ub294 \uc720\ub3d9\uc131 \uac1c\uc120\uc744 \ubaa9\ud45c\ub85c \ud558\uc9c0\ub9cc, \ud2b9\uc815 \ud1a0\ud070\ud654\ub41c \uc790\uc0b0\uc740 \uc2dc\uc7a5 \ucc38\uc5ec\uc790\uac00 \ubd80\uc871\ud558\uac70\ub098 \ud1a0\ud070 \uc124\uacc4\uac00 \ubd80\uc2e4\ud560 \uacbd\uc6b0 \uc2e4\uc81c \uc720\ub3d9\uc131\uc774 \uc81c\ud55c\ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">\ud0c8\uc911\uc559\ud654 \uae08\uc735 \uc0dd\ud0dc\uacc4 \ub0b4 \ub0b4\uc7ac\uc801 \uc704\ud5d8\uc758 \uc804\ub2ec:<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>RWA\uac00 \ud0c8\uc911\uc559\ud654 \uae08\uc735 \ud504\ub85c\ud1a0\ucf5c\uc5d0 \ud1b5\ud569\ub418\uba74 \ud504\ub85c\ud1a0\ucf5c \ucde8\uc57d\uc131, \ud574\ud0b9 \uacf5\uaca9, \uac70\ubc84\ub10c\uc2a4 \uc2e4\ud328 \ub4f1 \ud0c8\uc911\uc559\ud654 \uae08\uc735\uc758 \uace0\uc720\ud55c \uc704\ud5d8\uc5d0 \uc601\ud5a5\uc744 \ubc1b\uc744 \uc218\ub3c4 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">\uc6b4\uc601 \ubcf5\uc7a1\uc131 \ubc0f \uc0ac\uc6a9\uc790 \uad50\uc721:<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uc77c\ubc18 \ud22c\uc790\uc790\uc758 \uacbd\uc6b0 \uc790\uc0b0 \ud1a0\ud070\ud654\ub97c \uc774\ud574\ud558\uace0 \ucc38\uc5ec\ud558\uae30\uc5d0\ub294 \uc5ec\uc804\ud788 \uc7a5\ubcbd\uc774 \uc788\uc744 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color\" style=\"color:#443ddf\">5.7 \uc790\uc0b0 \ud1a0\ud070\ud654\uc758 \uac1c\ubc1c \ub3d9\ud5a5\uacfc \uc2dc\uc7a5 \uc804\ub9dd<\/h2>\n\n\n\n<p><strong>\ud559\uc2b5 \ubaa9\ud45c:<\/strong> \uc2dc\uc7a5 \uc804\ub9dd, \uae30\uad00\uc758 \ucc38\uc5ec, \ud5a5\ud6c4 \ubc1c\uc804 \ubc29\ud5a5\uc5d0 \ub300\ud574 \uc774\ud574\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">\uac70\ub300\ud55c \uc2dc\uc7a5 \uc7a0\uc7ac\ub825:<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ud604\uc7ac RWA \ud1a0\ud070\ud654 \uc2dc\uc7a5\uc740 \uc544\uc9c1 \ucd08\uae30 \ub2e8\uacc4(\uc218\uc2ed\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8)\uc774\uc9c0\ub9cc, \ub9ce\uc740 \uc5f0\uad6c \uae30\uad00\uacfc \uc5c5\uacc4 \uc804\ubb38\uac00\ub4e4\uc740 \ud5a5\ud6c4 \uc0c1\ub2f9\ud55c \uc131\uc7a5 \uc7a0\uc7ac\ub825\uc774 \uc788\uc744 \uac83\uc73c\ub85c \uc804\ub9dd\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc608\ub97c \ub4e4\uc5b4 \ubcf4\uc2a4\ud134 \ucee8\uc124\ud305 \uadf8\ub8f9(BCG)\uc740 2030\ub144\uae4c\uc9c0 \ud1a0\ud070\ud654\ub41c \uc790\uc0b0 \uc2dc\uc7a5\uc774 1\uc870 4,000\uc870 \ub2ec\ub7ec\uc5d0 \ub2ec\ud574 \ube14\ub85d\uccb4\uc778 \uc5c5\uacc4\uc5d0\uc11c \uac00\uc7a5 \uc911\uc694\ud55c \uc131\uc7a5 \ub3d9\ub825\uc774 \ub420 \uac83\uc73c\ub85c \uc608\uc0c1\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">\uae30\uc874 \uae08\uc735 \uae30\uad00\uc758 \uc801\uadf9\uc801\uc778 \ucc38\uc5ec:<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ube14\ub799\ub85d, JP\ubaa8\uac74, \uc528\ud2f0\uadf8\ub8f9, \uace8\ub4dc\ub9cc\uc0ad\uc2a4, \ud504\ub7ad\ud074\ub9b0 \ud15c\ud50c\ud134 \ub4f1 \uc218\ub9ce\uc740 \uc6d4\uc2a4\ud2b8\ub9ac\ud2b8 \ub300\uae30\uc5c5\uacfc \uc8fc\uc694 \uae08\uc735\uae30\uad00\uc774 RWA \ud1a0\ud070\ud654\ub97c \uc801\uadf9\uc801\uc73c\ub85c \uac80\ud1a0\ud558\uac70\ub098 \ucc38\uc5ec\ud558\uae30 \uc2dc\uc791\ud588\uc2b5\ub2c8\ub2e4. \uc774\ub4e4\uc740 \ud1a0\ud070\ud654\ub41c \ud380\ub4dc \uc0c1\ud488\uc744 \ucd9c\uc2dc\ud558\uac70\ub098, RWA \uac70\ub798 \ud50c\ub7ab\ud3fc\uc744 \uad6c\ucd95\ud558\uac70\ub098, \uad00\ub828 \uae30\uc220 \uae30\uc5c5\uc5d0 \ud22c\uc790\ud558\uc5ec \uc804\ud1b5\uc801\uc778 \uae08\uc735 \uc790\uc0b0\uacfc \uc720\ub3d9\uc131\uc744 \ube14\ub85d\uccb4\uc778\uc73c\ub85c \uac00\uc838\uc624\ub294 \ub3d9\uc2dc\uc5d0 \ube14\ub85d\uccb4\uc778 \uae30\uc220\uc744 \ud65c\uc6a9\ud558\uc5ec \ud6a8\uc728\uc131\uc744 \ub192\uc77c \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">\ubc95\ub960 \ubc0f \uaddc\uc81c \ud504\ub808\uc784\uc6cc\ud06c\uc758 \uc810\uc9c4\uc801 \uac1c\uc120:<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uc2dc\uc7a5 \ubc1c\uc804\uacfc \uae30\uad00\uc758 \ucc38\uc5ec\ub85c \uaddc\uc81c \ub2f9\uad6d\uc740 RWA \ud1a0\ud070\ud654 \uc2dc\uc7a5\uc744 \uaddc\uc81c\ud558\uace0 \ud22c\uc790\uc790 \uad8c\ub9ac\ub97c \ubcf4\ud638\ud558\uba70 \ud601\uc2e0\uc744 \ucd09\uc9c4\ud558\uae30 \uc704\ud574 \ubcf4\ub2e4 \uba85\ud655\ud55c \ubc95\ub960 \ubc0f \uaddc\uc81c \ud504\ub808\uc784\uc6cc\ud06c\uc758 \uc218\ub9bd\uc744 \uac00\uc18d\ud654\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ub2e8\uae30\uc801\uc73c\ub85c\ub294 \ubd88\ud655\uc2e4\uc131\uc774 \ub0a8\uc544 \uc788\uc9c0\ub9cc, \uc7a5\uae30\uc801\uc778 \ucd94\uc138\ub294 \ubcf4\ub2e4 \uba85\ud655\ud558\uace0 \uc6b0\ud638\uc801\uc778 \uaddc\uc81c \ud658\uacbd\uc73c\ub85c \ub098\uc544\uac00\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">\uc9c0\uc18d\uc801\uc778 \uae30\uc220 \ubc1c\uc804:<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ube14\ub85d\uccb4\uc778 \uae30\uc220\uc758 \ud655\uc7a5\uc131, \ubcf4\uc548\uc131, \uc0c1\ud638\uc6b4\uc6a9\uc131\uc740 \uc9c0\uc18d\uc801\uc73c\ub85c \uac1c\uc120\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li>\uc2a4\ub9c8\ud2b8 \ucee8\ud2b8\ub799\ud2b8\ub294 \uc810\uc810 \ub354 \uac15\ub825\ud574\uc9c0\uace0 \ud45c\uc900\ud654\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li>\uc624\ub77c\ud074, \ud0c8\uc911\uc559\ud654\ub41c \uc2e0\uc6d0(DID), \uac1c\uc778 \uc815\ubcf4 \ubcf4\ud638 \uae30\uc220\uacfc \uac19\uc740 \uc9c0\uc6d0 \uc778\ud504\ub77c\ub3c4 \ubc1c\uc804\ud558\uace0 \uc788\uc5b4 RWA \ud1a0\ud070\ud654\ub97c \ub354 \uc798 \uc9c0\uc6d0\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">\uc560\ud50c\ub9ac\ucf00\uc774\uc158 \uc2dc\ub098\ub9ac\uc624\uc758 \ud655\uc7a5 \ubc0f \uc2ec\ud654:<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ud5a5\ud6c4 RWA \ud1a0\ud070\ud654\uc758 \uc801\uc6a9 \ubc94\uc704\ub294 \ud604\uc7ac\uc758 \uae08\uc735 \uc790\uc0b0(\ucc44\uad8c, \ud380\ub4dc \ub4f1)\uc5d0\uc11c \uc810\ucc28 \ub354 \uad11\ubc94\uc704\ud55c \uc720\ud615 \ubc0f \ubb34\ud615 \uc790\uc0b0\uc73c\ub85c \ud655\ub300\ub420 \uac83\uc785\ub2c8\ub2e4. \ub610\ud55c, RWA\uc640 \ub514\ud30c\uc774\uc758 \ud1b5\ud569\uc774 \ub354\uc6b1 \uc2ec\ud654\ub418\uc5b4 \ub354\uc6b1 \ud601\uc2e0\uc801\uc778 \uae08\uc735 \uc0c1\ud488\uacfc \uc11c\ube44\uc2a4\uac00 \ud0c4\uc0dd\ud560 \uac83\uc785\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">\ud45c\uc900\ud654 \ubc0f \uc0c1\ud638 \uc6b4\uc6a9\uc131 \uac1c\uc120:<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uc5c5\uacc4\ub294 \uc810\ucc28\uc801\uc73c\ub85c \ubcf4\ub2e4 \ud1b5\uc77c\ub41c \ud1a0\ud070 \ud45c\uc900, \ubc95\uc801 \uacc4\uc57d, \uc6b4\uc601 \ud504\ub85c\uc138\uc2a4\ub97c \ud615\uc131\ud558\uc5ec \ub2e4\uc591\ud55c \ud50c\ub7ab\ud3fc\uacfc \uad00\ud560\uad8c\uc5d0\uc11c RWA\uc758 \uc0c1\ud638 \uc6b4\uc6a9\uc131\uc744 \ucd09\uc9c4\ud560 \uac83\uc785\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Web3 \uae30\uc220\uc758 \uc5ed\ud560:<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ud504\ub85c\uadf8\ub798\uba38\ube14 \uba38\ub2c8, \uc2a4\ub9c8\ud2b8 \ucee8\ud2b8\ub799\ud2b8, DAO\uc640 \uac19\uc740 \ud575\uc2ec Web3 \uae30\uc220\uc740 \uacb0\uc81c, \ub300\ucd9c, \uc790\uae08 \uad00\ub9ac, \uacf5\uae09\ub9dd \uae08\uc735 \ub4f1\uc5d0\uc11c \uc790\uc0b0 \ud1a0\ud070\ud654\uc758 \ub2e4\uc591\ud55c \uc751\uc6a9\uc744 \ub354\uc6b1 \ucd09\uc9c4\ud560 \uac83\uc785\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<p>\uc694\uc57d\ud558\uc790\uba74, \uc790\uc0b0 \ud1a0\ud070\ud654\ub294 \uc804\ud1b5\uc801\uc778 \uae08\uc735\uacfc \ub514\uc9c0\ud138 \uc790\uc0b0 \uc138\uacc4\ub97c \uc5f0\uacb0\ud558\ub294 \ud575\uc2ec \uac00\uad50 \uc5ed\ud560\uc744 \ud558\uba70 \uae00\ub85c\ubc8c \uc790\ubcf8 \uc2dc\uc7a5\uc758 \uc6b4\uc601\uc744 \uc7ac\ud3b8\ud560 \uac83\uc73c\ub85c \ubcf4\uc785\ub2c8\ub2e4. \ub3c4\uc804\uc5d0 \uc9c1\uba74\ud574 \uc788\uc9c0\ub9cc, \ubc29\ub300\ud55c \uc7a0\uc7ac\ub825\uacfc \uc801\uadf9\uc801\uc778 \uae30\uad00\uc758 \ucc38\uc5ec\ub294 \uae30\ud68c\ub85c \uac00\ub4dd\ud55c \ubbf8\ub798\ub97c \uc608\uace0\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>5.1 Concept of Asset Tokenization and Real World Assets (RWA) Learning Objective: Define asset tokenization and what Real World Assets (RWA) are. Evolution of Asset Digitization Asset tokenization is a crucial stage in the asset digitization process. Traditionally, asset ownership was recorded on paper documents or centralized databases. The emergence of blockchain technology allows assets [&hellip;]<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[32],"tags":[],"class_list":["post-2752","post","type-post","status-publish","format-standard","hentry","category-academy"],"_links":{"self":[{"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/posts\/2752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/comments?post=2752"}],"version-history":[{"count":5,"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/posts\/2752\/revisions"}],"predecessor-version":[{"id":2810,"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/posts\/2752\/revisions\/2810"}],"wp:attachment":[{"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/media?parent=2752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/categories?post=2752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/tags?post=2752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}