Real estate on blockchains. There tokenisation active real world (RWAfor Real World Asset) has become a full -fledged area within the sector of Bitcoin (BTC) and cryptocurrencies. Indeed, this digitization process provides the advantages inherent in networks blockchains to traditional active ingredients. The CEO of Polygon Labs, Marc Boironbelieves that this RWA tokenization goes in particular Revolutionize real estate investment.
The key points of this article:
The tokenization of active active people can radically transform the real estate sector by bringing it the advantages of blockchains. The Lumia Towers project in Istanbul illustrates how the digitization of real estate can revolutionize traditional investment.
Rwa tokenization can give a young age to an illiquid and expensive real estate sector
In a recent interview with Cointelegraph, Marc Boironthe CEO of Polygon Labs, discussed the benefits digitization on blockchains of real estate assets. Indeed, this tokenisation real estate would clearly win efficiency For this investment sector. Going through blockchain networks allows you to do without intermediaries expensive and slow, while allowing increase liquidity of these tokenized real estate assets.
“What you really want is the ability to eliminate the illiquidity discount on real estate. All real estate is illiquid and therefore decreased to a certain extent. They may have more value if they are more liquid. »»
Marc Boiron, CEO of Polygon Labs, quoted by Cointelegraph
The example of «Lumia Towers» on Polygon gives an overview of the possibilities of tokenized real estate
This tokenization of stone has a concrete example with the real estate project of Lumia Towers in Istanbul, Turkey. This commercial project, at a cost of $ 220 million and which has two skyscrapers, has gone through the blockchain network of Polygon To tokenize its investment shares. Thus, for Marc Boiron, the future of real estate will take shape on-chain (on blockchains). But as with Stablecoins, whose regulation is currently discussed in the United Statesthis new digital aspect of real estate will have to have a Clear regulatory framework to be able to fully flourish, and reach a adoption plus large. However, this regulation could come faster than you think. Indeed, the tokenization Rwa already affects a large number of traditional assetsand the potential of this sector is just giganticsince in theory, all active in the real world can find themselves digitizing on blockchain. In any case, Polygon will obviously be one of the Cryptos projects in support this revolution real estate investment.