"Xiao Feng (CEO of Wanxiang Blockchain) defines assets by three states: Solid, represents the verification of asset, in which state assets can be transferred as a whole; Liquid, represents the securitization of asset, where assets can be split into parts; Gas, represents the blockchainization of asset, a state where assets can diffuse in the whole space and are no longer subject to the limitation of container (asset platform), and every individual, institution and organization can manage their own assets via their private key."
https://news.8btc.com/worldview-of-bystack-i-the-three-dimensions-of-asset
