CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Coin Edition 2025-03-20 17:30:00

Dubai Just Made It Easier to Own a Piece of the City with Crypto

The Dubai Land Department forecasts that around 7% of all real estate transactions in Dubai will involve tokenized properties by 2033 The market value of those projects will be around $16 billion Two months ago, DAMAC Group, a Dubai developer, joined forces with blockchain platform MANTRA to tokenize a minimum of 1$ billion in Middle Eastern assets Dubai has launched a pilot program to tokenize its real estate assets, marking a significant move to integrate blockchain technology into the property sector. The Dubai Land Department (DLD), in collaboration with the Virtual Assets Regulatory Authority (VARA) and the Dubai Future Foundation (DFF), has kicked off the project to convert property title deeds into digital tokens recorded on the blockchain. The DLD anticipates that by 2033, tokenized real estate could constitute approximately 7% of Dubai’s total property transactions, translating to a market value of around 60 billion dirhams, which is approximately $16 billion. How Does This Make Buying Property Easier in Dubai? Using blockchain tech could easily improve the processes of buying, selling, and investing in real estate in Dubai. Tokenization le… The post Dubai Just Made It Easier to Own a Piece of the City with Crypto appeared first on Coin Edition .

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约