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Real Estate Tokenization: The Future Of the Real Estate Sector
Real estate is said to be the best revenue-yielding industry of all time. According to a survey, 93% of customers visit online websites while searching for homes. This shows the rise of web-based real estate dealings.
Over these years of advancement in this field, the idea of real estate tokenization arose. Blockchain is the foundational technology of this concept and helps to perform real estate operations efficiently.
Nowadays, NFT marketplaces are getting spotlighted and being used as a global platform to list real estate tokens. Right now, real estate tokenization services are in demand among the landowners. One of the major reasons for people to choose tokenization services is to avoid too much paperwork involved in transforming ownership.