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Showing results for tags 'real estate tokenization platform development'.
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Real estate tokenization deals with the tokenization of real estate ownership, where each share of the asset is turned into an NFT. Tokenization gives a previously opaque market much-needed liquidity and openness. Furthermore, the ability to trade real-time shares of real estate assets may spark the interest of more investors and pave the way for more ambitious and innovative real estate initiatives.
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Tokenization is a innovative concept of converting physical assets to valuable tokens. Alike crowdfunding, it segments the real value of a real estate to smaller fractions and encrypts to store and preserve the details about that grant ownership. Real estate backed tokens are also termed as asset backed tokens or security tokens respectively.