The exciting emergence of Blockchain technology has entered the realms of the Real Estate industry too. Earlier, real estate was not considered to be an attractive investment because of several reasons such as high entry cost, illiquidity due to the huge time involved, and high depreciation costs. However, the trend has changed now as it is considered safer than stock markets.
With a rising interest level in the purchase of cryptocurrency through security tokens, shareholders can use them in the form of debt or equity securities to purchase a single property or a variety of properties. Real estate tokenization refers to the conversion of the physical or tangible property into manageable shares or tokens for getting a stake in the ownership of the property. The tokens can represent all or part of a building, shares in a real estate fund or a complete project. Read more at: https://www.atoallinks.com/2020/discover-the-best-way-to-tokenize-real-estate-property/
