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Brickblock Tokenises the First Property in Europe

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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 C...

Grenadines Resort katampe, Abuja

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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 unit...

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

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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

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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

THE OCEANNA IS AN ICONIC OCEANFRONT DEVELOPMENT IN VICTORIA ISLAND, #LAGOS NIGERIA.

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Invest Now! Be a part of History. Join other discerning investors to own a piece of Luxury with high return on investment. The OCEANNA Hotel #Apartments, is an investment that would earn you a life-time stream of increasing income. The Hotel investment offer investors an average yield of 25% per annum. In addition, an investment in the hotel eliminates the usual inconvenience associated with a buy-to-let, such as maintenance costs and other repairs, allowing you watch your investment grow without hassles.

Kenya is Using Blockchain Technology to Settle Real Estate Records & Sales

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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.

Competitor Analysis: Real Estate Asset & Other Asset Tokenisation

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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.