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Real estate is one of the vastly spread industries which is currently facing a bit of a downfall due to the many challenges involved with the business. One of the major challenges among them is “illiquidity”.
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Real estate is one of the vastly spread industries which is currently facing a bit of a downfall due to the many challenges involved with the business. One of the major challenges among them is “illiquidity”.
In the traditional real estate business, the properties and assets such as stocks, bonds etc, cannot be easily sold or converted into cash. This makes the process long, tedious and ends up in solid loss.
This is where “Tokenization” comes into play. Tokenization is set to be the hope for future investors that reduces illiquidity and also many other challenges involved, ensuring a smooth, successful business. The demand and popularity for tokenized assets are rapidly growing by each day, and it is believed to disrupt the real estate industry. Follow the link to know more -
https://www.lazaroslamprou.com/how-blockchain-technology-improves-liquidity-in-the-real-estate-industry/