Cryptocurrency Q&A
What is tokenization of real estate?
What is tokenization of real estate?
SolitudeSerenade
Sun Jan 26 2025
|
5
answers
947
I'm trying to understand tokenization of real estate. Could someone explain what it means to tokenize real estate and how it works in simple terms?
5 answers
DondaejiDelightfulCharmingSmileJoy
Tue Jan 28 2025
The concept of tokenizing real estate involves transforming a physical asset into digital form.
Was this helpful?
74
65
noah_wright_author
Tue Jan 28 2025
This process entails breaking down the asset into smaller units known as digital tokens.
Was this helpful?
86
71
Alessandra
Tue Jan 28 2025
Each token represents a fraction of the underlying property, encompassing all associated rights and obligations.
Was this helpful?
139
53
SsamziegangSerenadeMelodyHarmony
Mon Jan 27 2025
Smart contracts play a crucial role in this framework.
Was this helpful?
337
60
EthereumEmpire
Mon Jan 27 2025
They are utilized to delineate the precise terms and conditions of the contract, ensuring clarity and enforcement.
Was this helpful?
311
55
