Elnur Bayaliyev
@alphakazakh
2 posts

Module Outline

Session 0: Economic/Social Narrative

Digitising Real Estate: Market Context & Needs

The conventional system of property ownership relies on complex processes involving deeds, title insurance firms, escrow holders, and legal professionals to authenticate transactions and establish ownership. However, the emergence of blockchain technology and non-fungible tokens (NFTs) offers a transformative solution for the real estate industry. This article delves into the need for tokenizing land in Georgia and Kazakhstan, elucidating the substantial benefits and potential applications of real estate NFTs. Real estate NFTs provide a novel approach to representing property ownership. By digitizing the ownership rights of land, NFTs offer a secure and transparent method for property transactions. Unlike traditional processes...