Investing in Tokenized Real Estate One Block at a Time
Would you ever invest to buy a piece of the Empire State Building? What if it were possible to invest and own just one brick? That is how innovation is making real estate investing more accessible through fractional ownership.
Fractional ownership is a method where multiple buyers take ownership of the title of a property and is not a new concept to real estate. Blockchain technologies can make the strategy more efficient. Blockchain enables the tokenization of an asset.
So what?
The tokenization of real estate allows the owners to issue a token through a blockchain platform. That token represents partial ownership of the real estate; otherwise referred to as an asset-backed token.
Read the article: https://stacy.world/CNOct2019
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Co-founder Impact Calgary & INTONOVUS Canada & Partner Great Products&Services & Principal umewe Projects&Consulting
5 年This aspect of blockchain has been one of my favourites for a long time!
Publisher/Connector/ SHEInnovator/ WOI2020 Cultural Ambassador award winner.
5 年Great article!