Onchain Real Estate - TOKEN2049 Singapore 2024
Explore the future of real estate in this compelling talk from TOKEN2049 Singapore 2024 titled 'Onchain Real Estate.' Denita, the co-founder of Propy, presents a visionary discussion on digitizing property ownership through blockchain technology. Drawing from personal experiences in Bulgaria, she underscores the importance of reclaiming property rights and highlights how blockchain can catalyze a global transformation.
Denita explains how real estate transactions have evolved from age-old practices to the digital age, and now possibly to the blockchain era. Despite property rights being digitally recorded in many developed nations, substantial transaction fees continue to burden property acquisitions. However, blockchain technology offers a solution, enabling secure, instantaneous ownership transfer, drastically reducing both time and costs.
Propy, a pioneering platform in this domain, has facilitated over $4 billion worth of real estate transactions. By tokenizing properties, Propy is transforming ownership models and streamlining processes with compliance at its core. The real estate landscape is rapidly changing, as evident by the growing number of digitally minted homes and increased use of cryptocurrency in real estate transactions.
Join this insightful session to understand how Propy, in collaboration with platforms like Coinbase, is revolutionizing the real estate market by making property ownership global, secure, and easily transferable. Don't miss the opportunity to learn how you can participate in this new era of real estate on the blockchain.
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