A third challenge of working across time zones is optimizing the efficiency and productivity of the team, the project, and the organization. Without efficiency, collaboration can suffer from waste, duplication, and errors. Blockchain can help improve efficiency by automating and streamlining various tasks, processes, and workflows that can be time-consuming, costly, and error-prone. For example, blockchain can be used to create tokenized assets, which are digital representations of physical or intangible assets that can be easily transferred, tracked, and exchanged on a blockchain. Tokenized assets can enable faster, cheaper, and more secure transactions, as well as new business models and opportunities. Tokenized assets can also facilitate the sharing of resources, knowledge, and skills among team members, clients, and stakeholders, without the need for intermediaries, fees, or regulations.