'Your House on the Blockchain?' futureoffinance brick_trade
and sell parts of it while I live my life?First of all, cash comes with a price: You’re no longer the absolute owner of your house, so you better be aware that by selling parts of your home, you will now be paying rent to the other owners in addition to the mortgage, tax or whatever you have to pay to own the house.looking for business partners, capital, or spreading their portfolios. In this case, tokenization of property might be the most significant technological breakthrough in years.
Now is the time to be specific. What property, in which legal area, and how much of the property will be sold?Determine the legal structure. Various options are available, and the owner can choose to tokenize the equity of a Special Purpose Vehicle , a debenture, or another form of participation right such as revenue or profit.
I’m here to build a community around tokenizing real estate that is a safe, educating, and welcoming environment for everyone.Can I put my house on blockchainThis might not be the brightest idea for most of you. Today we have decentralized, digital blockchain ledgers such as Ethereum or Ravencoin. Every time a token is traded on the machine a new block is created on a transparent virtual computer chain. This is available for everyone to access, and see on, and makes you able to check the former transactions of the assets represented by the token, it also doesn’t require a lot of money, and you now have an asset, that you can post on any online or offline marketplace.
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