The real estate sector is using blockchain technology. A big change has been brought about by the adoption of blockchain technology in the real estate market, making it simpler for those with low resources to participate in virtual property. Real estate tokenization is one of these technologically advanced changes.
What is Real Estate Tokenization?
Digital tokens that share property ownership are known as real estate tokens. Tokenization is the process of turning real estate assets into digital tokens that can be traded on an online market and give the purchaser of a certain real estate token a fractional ownership interest in the asset.
Benefits of Real Estate Tokenization
Fractionalization
Operational Efficiency
Flexibility
Speedy and Faster Transactions
More Secured
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Source: https://olascar.com/invest-in-real-estate-tokenization/
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