Core Insights - The development of blockchain RWA (Real-World Asset) software systems involves representing and managing real-world assets in token form on the blockchain, presenting unique technical challenges [1] Security of Tokenized Assets - Key challenges include private key management, preventing hacking attacks, ensuring smart contract security, and integrating secure third-party custody solutions for high-value RWAs [5] Scalability and Performance - The system must handle a large volume of assets and transactions, ensuring responsiveness and stability, while addressing potential bottlenecks in on-chain transaction throughput [5] Interoperability - Solutions are needed for cross-chain asset transfers, integration with traditional financial systems, synchronization of off-chain and on-chain data, and compliance with data privacy regulations [5][6] Data Management and Integrity - Ensuring traceability and immutability of historical information and transaction records is crucial, along with managing complex business logic within smart contracts [6] Complexity and Security of Smart Contracts - Smart contracts must be carefully developed and tested to prevent security vulnerabilities, with formal verification methods considered for critical contracts [5][6] Reliability and Security of Oracles - The use of oracles to bring off-chain data onto the blockchain introduces risks related to data integrity and transmission, necessitating the selection of reliable oracle solutions [5] Technical Implementation of Regulatory Compliance - Integration of KYC (Know Your Customer) and AML (Anti-Money Laundering) solutions is essential for identity verification and monitoring suspicious transactions [7] Identity Management and Access Control - Secure management and verification of user identities on the blockchain, along with role-based access control, are critical for ensuring authorized operations [7] User Experience - Designing user-friendly interfaces to abstract the complexity of blockchain technology is necessary to connect users with the real-world assets represented by tokens [7] Lack of Standardization and Technology Evolution - The current lack of unified technical standards in the blockchain RWA space may lead to interoperability issues, requiring continuous adaptation to rapidly evolving technologies [7]