Real Estate Tokenization- a Revolution That Is Set to Change the Future of the Industry!
VanessaJane last edited by
The future of real estate investing
Real estate has always been considered one of the most evergreen avenues for investment. However, it cannot be denied that high-value real estate is out of reach for the most common investors because of the sheer magnitude of value.
At the same time, they also represent lucrative investment opportunities that are well poised for great returns. This presents us with a situation, where the market has to arrive at a balance between making the asset liquid, but at the same time, not compromise on the value of the asset.
Blockchain and Tokenization – the Panacea
Today, blockchain is mostly used in context with the fourth industrial revolution. It is quite an epithet to be qualifying a technology because all of us know the paradigm shift that the industrial revolution introduced. What makes the new technology great is that it is equally employed both by big financial institutions like JP Morgan and technology companies like IBM and at the same time, used by small enterprises as well.
In most cases, Blockchain finds its relevance in agricultural supply chain management, food safety, foreign exchange transactions, immutable voting, health data, and land registry.
One of the greatest signs of technology becoming mainstream is when people start using it even without realizing that they are involved! The same can be said about mobile phone applications and mapping and navigation systems. With the increased adoption and manifestations, blockchain is at the brink of this breakthrough.
Follow the link to know more - https://dailyupdateme.com/real-estate-tokenization-a-revolution-that-is-set-to-change-the-future-of-the-industry/