Showing posts from March, 2019

Brickblock Tokenises the First Property in Europe

Today in Berlin, Germany, March 28, 2019  Brickblock  achieved a significant milestone by tokenising a real estate vehicle carrying an approximately €2 million property in Wiesbaden, Germany. The sale was exclusive to eligible investors. It is the first transaction in the European Union for which real estate shares are registered as digital tokens on the blockchain, a process known as ‘tokenisation’. Tokens entitle the token holder to the economic benefits of the underlying real estate asset (e.g. dividends from rent, interest, principal distributions). While the real estate industry has been slow to transition from paper-based to digital processes, Brickblock’s proprietary technology and legal framework have provided a real use case to accelerate this shift. “Blockchain is at the forefront of technology and has the potential to create a more efficient and globalised financial system. I am excited about the future impact of tokenisation,” said Brickblock CEO Jakob Drzazga. “

Grenadines Resort katampe, Abuja

Product Description:           A four (4) bedroom terrace duplex with a maid room, built on 3 floor levels. •       Ground Floor – Living room, Dinning, Kitchen, Pantry, Laundry, Guest toilet and a maid room. •       First Floor – Master Bedroom, a Family Lounge, Bedroom 1 and Bedroom 2. •       Pent floor – Master bedroom gallery, Bedroom 3, a Balcony, Gym and a private Lounge Location:                                Katampe is a serene and organized district at the boundary of Jahi. It is a five minute drive from Maitama and Wuse 2, and thirty minute drive to Nnamdi Azikwe International Airport. No of units in the Estate:       17 units (Terraces), 7 units (Maisonettes), 7 units (2beds). Off-Plan Pre-sale offer:         2BED APARTMENT                                                 OUTRIGHT:                              N37.58million

Dubai Real Estate Giant Emaar to Launch ETH Token, Considers ICO in Europe

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.

$66 Million Building to Be Tokenized on Ethereum Blockchain in Record Deal

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


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