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What term is used to describe the physical attachment of buildings to land in the cryptocurrency industry?

avatarNithil NandakumarDec 27, 2021 · 3 years ago3 answers

In the cryptocurrency industry, what is the term used to describe the physical attachment of buildings to land?

What term is used to describe the physical attachment of buildings to land in the cryptocurrency industry?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    In the cryptocurrency industry, the term used to describe the physical attachment of buildings to land is 'tokenization'. Tokenization allows real estate assets to be represented as digital tokens on a blockchain, enabling fractional ownership and easier transfer of ownership.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to the physical attachment of buildings to land in the cryptocurrency industry, we often refer to it as 'property tokenization'. This process involves converting real estate assets into digital tokens, which can then be bought, sold, and traded on blockchain platforms.
  • avatarDec 27, 2021 · 3 years ago
    The physical attachment of buildings to land in the cryptocurrency industry is commonly referred to as 'tokenized real estate'. Tokenized real estate allows investors to own a fraction of a property through digital tokens, providing liquidity and accessibility to the real estate market.