Not only does blockchain also facilitates greater access, but it also creates greater transparency and this bodes well with the real estate sector in the hope of attracting local investors.
The post The Future of Tokenisation in Real Estate appeared first on LUXUO.

An analogy that looks into the future of money ? tokenisation. How can this method stop corruption" How will it serve the real estate business in the decades ahead" An expert takes a look at this subject.
Will cryptocurrency be the future of transactions"
The beads of sweat gathered around Yaacob?s brow as he waited for the clerk seated behind his desk in the stifling un-airconditioned heat of the land registry to attend to him. A rice farmer in a mostly agrarian corner of Asia, Yaacob had few, if any reason, to ever visit the local land registry, but tragedy had forced him there on this particularly humid and oppressive morning. ?What did you say your name was again"? the clerk asked, without even so much as looking up.?
?Ibrahim, Yaacob, son of Duta Ibrahim who has passed.?
The clerk continued to rifle through the voluminous blue and pink manila folders bound with pink twine in search of Ibrahim?s title deed.
?Ah yes, here it is. Ibrahim,? the clerk beamed as if he had just discovered a rare treasure, pausing for a pregnant moment for the praise and gratefulness from Yaacob that never arrived. Undeterred, the clerk unbound the manila folder?s pink twine and flipped through the ledger in sear...