The game-changing role of blockchain technology has made inroads into real estate through the concept of tokenization that eventually digitizes assets. Real Estate is a very popular asset.
However, it does suffer from illiquidity contributing to gross inefficiency. Utilization of the ERC20 standard, which is the technical yardstick for implementing smart contracts on the blockchain network is used to generate real estate shares on a portfolio of various properties. The dividends earned would be distributed to different stakeholders. Read more at:
