In this episode, we discuss the growing impact of blockchain technology on various aspects of financial markets and beyond. Firstly, the launch of a new digital identity system in Buenos Aires, Argentina, that leverages zero-knowledge proofs to safeguard residents' privacy. Next we examine the tokenization of financial assets, the benefits and challenges it presents, and the role of programmability in transforming traditional finance. Then we explore the integration of blockchain with the Internet of Things (IoT), its implications for smart gadgets, and the rise of Real World Assets (RWAs), their potential impact on investment, and the crucial role of regulation. Finally, we delve into the increasing institutional adoption of public blockchains in Decentralized Finance (DeFi), emphasizing the opportunities and challenges associated with this shift.