Let’s start at the beginning. The web was created in 1990. Its first version, Web 1, was simple. You open a web browser, type in a website and hit enter. Once the website loads on the screen, you can browse around.
Blockchain real estate digital infrastructures enable the issuance of tokens, digital representations of real tradable assets.
Blockchain real estate or tokenized real estate investment has revolutionized how properties are purchased and sold globally.
In recent years, real estate tokenization has emerged as an unconventional investment vehicle with advantages for both issuers and investors.
Tokenization has recently become a popular topic of discussion within the real estate (RE) industry, suggesting that it provides major opportunity and potential for property owners and investors.
In this article, I explored the REAL use cases of NFTs that are being built, and what they will be used for in the future.
There is a predictable pattern to the adoption of new technologies. Web3 is no different. Introduced in 1962, in his seminal work, Diffusion of Innovations, Everett Rogers laid out the framework below.
Real estate tokenization has been one such use case of Web3 technology that has been raising many eyebrows recently.
Real estate tokenization rocked the world by surprise as it came with many advantages for the non-tech-savvy real estate sector.
There are several good companies leveraging the power of blockchain technology to facilitate cross-border payments in a safe, secure, and transparent manner.
