There are a lot of ideas about the use of blockchain technology in real estate. However, a frequently overlooked aspect is the land registry. The bold claim that real estate tokenization will disrupt the industry essentially boils down to securitization via security tokens.
To address why the next-generation property registry system should utilize blockchain technology, it is essential to clarify some misconceptions about this technology and then highlight its transformative features. Firstly, the category of distributed ledger technologies, broadly labeled as “permissioned” and “private” ledgers, does not align with the original definition of blockchains as per rigorous academic standards.
