Polygon chief wants to promote real estate tokenization in his blockchain network

Polygon chief wants to promote real estate tokenization in his blockchain network

Real estate on blockchains. PUSH token active real world (RwaFor The asset of the real world) has become a fully filled area in the sector Bitcoin (BTC) and cryptocurrencies. This digitization process actually provides advantages naturally in networks blockchains for traditional active ingredients. CEO of Polygon Labs, Marc Boironbelieves that this tokenization of RWA goes especially Revolution of investment in real estate.

Key points of this article:

  • Tokenization of active active people can radically transform the real estate sector by bringing it the benefits of blockchains.
  • The Lumia Towers project in Istanbul illustrates how the digitization of real estate can revolutionize traditional investments.

RWA tokenization can provide a young age to a non -impact and expensive real estate sector

In a recent interview with Caintelegraph, Marc BoironCEO of Polygon Labs, discussed about advantages Digitization on blockchains Real estate assets. Really, this token the property would clearly win efficiency For this investment sector.

Browsing the blockchain network allows you to do without intermediaries expensive and slow, and at the same time afford it increase liquidity from these tokenized properties.

“What you really want is the ability to eliminate the discount for real estate. All real estate is dislike and therefore has decreased to some extent. They may have more value if there are more fluids. »»

Marc Boiron, CEO of Polygon Labs, quoted by Cointlegraph

An example of “Lumia Towers” on a polygon provides an overview of the possibilities of tokenized real estate

This tokenization of the stone has a specific example with a property project Lumia Towers In Istanbul, Turkey. This commercial project for the price $ 220 million and which has two skyscrapers, went through a blockchain network Polygon Tokenize your investment shares.

The future of real estate will be shaped for Marc Boiron on-thee (on blockchains). But as well as Stablecoins whose regulation is currently discussed in the United StatesThis new digital aspect of real estate will have to have Bright control framework be able to fully flourish and achieve and wider adoption.

However, this regulation could come faster than you think. Really, RWA tokenization already affects a large number of traditional assetsand the potential of this sector is fair giganticBecause theoretically, all active in the real world can find themselves digitization on blockchain. In any case, the polygon will obviously be one of the projects of the cryptos in Support this revolution Investing in real estate.

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