Protocol version 23 is about to hit the Pi blockchain, and the latest update discussed by crypto drealFx revolves around upgrading Pi to Protocol version 23. This is an important step because Pi is built on Stellar’s technology, and much of the heavy lifting has already been done there.
That means Pi’s transition could be smoother and still unlock powerful new features. Simply put, this upgrade is about turning Pi from just a token into a full ecosystem.
What new features are coming?
The biggest addition is smart contracts. This allows apps to run automatically without intermediaries. For example, lending Pi or receiving rewards in games can be done directly via code, without being dependent on third parties.
Another major turning point is that the AI App Studio goes beyond the beta version. This opens the door for developers to build more advanced apps directly within the Pi Network.
There’s also the rollout of .pi domains, which will give apps and users a unique identity, similar to how websites use .com. In addition, Pi Browser will drive deeper Web2-Web3 integration, making it easier for regular users to interact with blockchain apps.
You could soon own some of the real estate on Pi
Here’s where things get really interesting. Protocol 23 brings Real-World Asset tokenization to Pi, meaning physical assets such as property, stocks and commodities can be split into digital tokens on the blockchain.
For example, instead of needing $200,000 to invest in real estate, you can purchase just $200 worth of tokens. It’s good news for ordinary people who have never had access to these types of investments.
Furthermore, it gains credibility as Stellar recently joined the ERC-3643 Association, a global body that sets compliance standards for tokenized assets. Because Pi runs on Stellar Core, this puts Pi on a direct path to recognition by the traditional financial world. That’s not hype, that’s infrastructure.
traditional finance. That’s not hype, that’s infrastructure.