ChangeAgent Property

Property tokenization will enhance liquidity and improve the efficiency of global real estate markets. The first projects in the U.S. and Europe have already proven the economic and technological feasibility. Enhanced liquidity, lower transaction costs, faster processes: The value proposition of asset tokenization has become particularly relevant in real estate markets, which is by far the largest asset class in terms of global asset value.

HouseAfrica is a Blockchain based Platform that allows you buy a fraction of housing projects and make returns when they are sold or rented Statistics currently show that Africa suffers about 200million housing deficit, with Nigeria alone bearing about 17million of that figure. An estimate shows that in the next 30years Africa’s population will be doubled reaching 2.4 billion, stretching the cities beyond breaking point due to inadequate housing. This defines the immense and inevitable need for decent housing to balance the growing population and improve the standard of living. In an effort to close that number, HouseAfrica is focused on providing affordable homes with flexible payment scheme targeted at the low and mid-income earners. HouseAfrica stands to eliminate most of the complications in the policies relating to land make home ownership a very expensive affair that can take up a large slice of the actual house price. And also eliminate the high-interest rate on housing...

Dubai-based real estate giant Emaar has announced plans to launch a token and is considering holding an initial coin offering (ICO) in Europe, English-language local media Arabian Business  reports on March 11. Per the article, the token will be developed by Swiss blockchain startup Lykke, and will grant Emaar’s customers and stakeholders access to the referral and loyalty system across the entire company. Emaar is the largest real estate company in the United Arab Emirates (UAE), responsible for the Burj Khalifa, Dubai Fountain, Dubai Mall and Dubai Opera.

For Patrick O’Meara, there is a world of difference between security tokens and tokenized securities. A security token merely means an issuer is selling a crypto token in compliance with securities laws. But with a tokenized security, “it’s a whole different world,” where blockchain technology gives investors an unprecedented level of transparency, said O’Meara, chairman and chief executive officer of Inveniam Capital Partners (ICP). ICP is about to put this idea to the test. The company plans to tokenize some $260 million in four private real estate and debt transactions, starting with a WeWork-occupied building in

In many countries around the world proving ownership of land through title is a complicated business that lends itself to corruption but in Kenya, a team has been assembled to use blockchain technology to put an end to land grabbing. Kenya Plans to Legitimize Land Ownership with Blockchain Sometimes referred to as the ‘Silicon Savannah’ Kenya is considered to be a technological giant on the continent of Africa. Still, something that should be as straightforward as processing a land ownership title can be fraught with problems due to corruption throughout the bureaucracy.

The investment industry is being disrupted by the emergence of blockchain and distributed ledger technology (‘DLT’), which is paving the way for a more efficient and transparent market without the need for middlemen. Assets previously characterised as illiquid, i.e. real estate, are now becoming freely tradable. Transactions can be settled almost instantly and without counterparty risk. Investors will soon be able to freely invest in real estate from anywhere in the world, no matter how big or small the investment, within minutes instead of months.

ABOUT BLOCKSQUARE. Similar to how Stripe or PayPal provide tools for e-commerce sites to securely and promptly process online payments, Blocksquare is building a blockchain-based plug & play set of protocols, APIs, and tools to process commercial real estate property tokenization so established real estate businesses can integrate it and offer tokenized commercial real estate

Blockchain is the next frontier of the real estate market, making inroads at a fast clip. The use of the technology will make it possible to have transparent transactions that sellers and buyers will benefit from. From real-time ledgers to full-on shared databases and processes, blockchain throws the doors wide open with possibilities in real estate. However, does it come at a cost? Some agents think it might, while others are embracing it with abandon. Yet, there is much to learn and consider before adopting blockchain into your business processes. Nine members of Forbes Real Estate Council share the thing that everyone in their profession needs to know in order to safely and efficiently begin adopting blockchain or

In the coming weeks, we will make blockchain history by listing the world’s first tokenized real estate asset on our smart contract platform — and you’re invited to take part. Don’t worry, the heavy lifting is all on our end. All you need is a MetaMask(Ethereum) address and internet connection. Investors will additionally receive 100% of their investment in Brickblock tokens (BBK). Example: if you invest 1000 euros in the building, you will receive 1000 euros worth of BBK (at a value of $0.60 USD per token) in addition to 1000 euros worth of Proof-of-Asset (PoA) tokens. Bonus BBK will be distributed over a two-year period. Sold? Great, you can take the first step by

As we move closer to selling the world’s first tokenized real estate asset (end of Q1 2018), we’re also exploring strategic partnerships to expand our portfolio. Blocks Investments, based in Prague, Czech Republic, is a company that recently landed on our radar in this respect. Blocks owns a robust portfolio of real estate developments in the Czech capital and is exploring ways to integrate blockchain technology into its business.

The Dubai Land Department (DLD) has laid claim to “becoming the world’s first government entity to adopt Blockchain technology.” In a first-of-its-kind in the global real estate sector, the Dubai Land Department – the government arm responsible for the registration and organization of real estate in the emirate – is now processing and implementing all transactions on a blockchain. The ultimate goal will see all Dubai properties recorded on a blockchain within 2-3 years.