Real estate tokenisation: an emerging trend
BLOCKCHAIN has sometimes been criticised as a solution looking for a problem. This analysis may be overly simplistic in the context of real estate.
Tokenisation and the blockchain protocol for property are fast gaining traction around the world. They have shown that they can ease pain points in transactions even as they unlock new business opportunities and augment existing markets.
Blockchain-powered investment platforms such as United States’ Republic and RealT, Europe’s Blocksquare, and Singapore’s Fraxtor and CitaDAO, are boundary-pushing use cases that have been tokenising real estate investment assets, making them more accessible to a wider range of investors.
TRENDING NOW
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future