How does tokenization help transform illiquid real estate ownership into a liquid one?
Tokenization provides new liquidity to the real estate market by making it easier for people to trade and invest in properties. Go to Source Powered by WPeMatico
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Ripple’s plan to tokenize Colombian land stalls amid new administration
A joint effort to permanently store and authenticate Colombian property titles on the XRP Ledger looks set to stall as the new government focuses on other priorities. Go to Source Powered by WPeMatico
Six reasons why blockchain makes sense for commercial real estate: Deloitte
The study reveals that blockchain technology is well-positioned to take over more than 50% of the entire leasing and sale process across commercial real estate. Go to Source Powered by WPeMatico
Metaverse Real Estate Sales to Grow by $5 Billion by 2026
The real estate market in the metaverse is projected to pass $5 billion by 2026. This is the prediction of the latest metaverse report by Technavio, a global market research firm. The report states that the rise will be fueled by the growth of the metaverse into a mixed reality environment, where people can take … Read more
The Central African Republic Says Sale of 210 Million Sango Crypto Tokens to Commence in Late July
The sale of the Central African Republic (CAR)’s 210,000,000 Sango coins is set to begin on July 25 and participating investors will have to buy tokens worth at least $500. In return for buying and locking in the Sango coins, investors will gain citizenship and a piece of real estate property as well as a … Read more
Dubai Is Preparing to Take Its Government to the Metaverse
The Government of Dubai is preparing to make part of its offices available in the metaverse, according to reports. The country is currently seeking third parties to help it arrange the transition of some of its departments to the virtual world, per statements made at a metaverse event by Sharad Agarwal, chief metaverse officer of … Read more
Former Google CEO Eric Schmidt Is Skeptical About the Metaverse Concept
Eric Schmidt, who was CEO of Google, has declared that there is confusion about the concept of the metaverse and what it means for people. Schmidt stated that, even with a company like the former Facebook pivoting its operations to occupy the metaverse market, there is still not a clear definition of the concept and … Read more
Russia to Trial Digital Ruble Settlements for Real Estate Deals
The Central Bank of Russia and participating commercial banks want to test various types of payments with the digital ruble, the Russian press reported. The plan is to experiment with smart contracts and transactions related to real estate and crypto asset purchases. Bank of Russia to Launch Smart Contracts on Digital Ruble Platform Russia’s central … Read more
Report: 42.9% of Turks View Gold as Best Form of Investment, Only 1.9% Would Invest in Crypto
A new study has found that nearly 43% of Turkish individuals surveyed consider gold to be the best form of investment, while just 1.9% said they would invest in cryptocurrencies. Real estate is the next most-preferred after gold, with 27.4% of the respondents saying they would invest. Fewer Turks Now View Gold as Best Investment … Read more
In the Economy 3.0, metaverses will create jobs for millions
Metaverse job opportunities will likely exceed our expectations, with many keeping the same job even after the transition to virtual space. Go to Source Powered by WPeMatico
