Real estate is a high-volume transaction industry, and its market is very complicated. The complex nature of the real estate is due to the involvement of several interested intermediaries, government officials, procedural difficulties, and paperwork.
All this leads to fraudulent practices and difficulty in closing a buy or sell transaction deal in a stipulated time. Due to this, a large number of companies, startups, individuals, and even government institutions turn to a new technology solution called asset tokenization. In this case, it can be termed as property tokenization. The tokenization of real estate properties is carried out by the underlying blockchain technology. Let’s see what property tokenization is. Follow the link -
