News
Despite a nearly double-digit retraction in the combined capitalization of the security token sector, real estate tokens gain over 4% during April.
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Real Estate News
Real Estate is the business of selling, buying and renting real property. The term real property is used to define a land that is owned by some individual with all the improvements integrated with it, such as houses, apartments, machinery, among other things. A person who works on the sales and marketing of real property is called a realtor or real estate broker. Commercial real estate is one of the main sectors of a capitalist economy, with a large amount of finance and influence on government decisions. It’s no wonder that real estate has many possible applications for blockchain. Blockchain may be used to make a record of the deal and reduce the possibility of fraud, and to lessen third-party involvement, such as realtors and searching websites. Smart contracts are especially useful in renting, for both the lessee and lessor to insure the transactions and its conditions.
- News
Crypto analysts AlfaBlock claim that the MakerDAO protocol will need to host several trillion Dai by 2040 to maintain its current market capitalization.
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Real estate security tokens are steadily gaining popularity — comprising 14.5% of total trade in tokenized securities.
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Securitize joins forces with Tokyo-based LIFULL to create a funding platform using digital securities to invest in real estate.
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Real estate marketplace Red Swan has partnered with security token firm Polymath to tokenize $2.2 billion in assets including apartments and a hemp farm.
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Real estate deals happen all the time, but not like this.
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Singapore-based crypto exchange Huobi partnered with a real estate firm in the UAE to offer secure crypto payment options for its real estate investors.
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Seoul-based co-working space operator SparkPlus has partnered with blockchain funding platform Kasa Korea to help innovate the city’s sharing economy.
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Real estate tycoon Ben Shaoul has sold a retail condo in Manhattan’s prestigious Upper East Side for $15.3 million in Bitcoin.
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Overstock’s blockchain arm tZERO will tokenize $25 million worth of a luxury residential property in Manchester, United Kingdom.
3820 - Crypto Map
Here is a list of where and how to secure ownership rights for businesses and real estate through a blockchain.
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Developer of the world’s tallest building Burj Khalifa will launch its new blockchain token-based referral and loyalty platform in 2019.
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A British real estate firm is accepting Bitcoin for the sale of a 150-year-old church that was converted into residential property.
4225 - Expert Take
Exploring the quantity theory of money and the effect tokenization could have on future demand for commercial real estate investments.
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Luxury hotel asset manager Lodging Capital Partners tokenizes $60 million of assets on the Algorand blockchain in partnership with AssetBlock.
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