Tag: real estate

Blockchain enhances real estate transactions, property tokenization, and digital land ownership, eliminating paperwork and middlemen. Smart contracts facilitate automated lease agreements, escrow services, and instant property transfers. Platforms like Propy, RealT, and LABS Group tokenize real estate assets, allowing fractional ownership and liquidity in real estate markets. The rise of blockchain-based mortgages, decentralized REITs (Real Estate Investment Trusts), and metaverse real estate enables new investment opportunities. Challenges include legal recognition, regulatory approval, and integration with legacy property systems.