The asset code in the real world (RWA) can fully repair the real estate investment sector, which is very liquid, full of brokers, and high transactions costs, according to the director of Polygon Mark Boireon.
In an interview with cointelegraph, the CEO said that the distinctive symbol of the characteristics can remove unnecessary mediators, thus reducing the costs of transactions.
The CEO added that the broken ownership and the trading of distinguished real estate in the secondary markets will open liquidity and increase the speed of money. Tell Boireon Cointelegraph:
“The thing you really want is the ability to get rid of the discount of lack of liquidity on real estate. All real estate is not liquid, and therefore it is somewhat reduced. It can be more valuable if it is liquid.”
Lumia Towers, a constantly 220 million dollar commercial development process in Istanbul, Türkiye, which includes a cloudy skyscraper with 300 multi -use commercial and residential units, has used the project to repeat the project.
Boeon said that the future of real estate is Occin. However, the organizers should be comfortable with Blockchain technology and general permission systems before the distinctive real estate becomes the actual criterion.
Lumia Towers conceptual image. Source: polygon labs
Related to: One billion dollars scheme for distinctive real estate: RWAS Dubai Form
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In the United States, Quarter offers symbolic alternatives to debt -based home mortgages to increase home ownership levels and make them more affordable for ambitious home buyers.
The company achieves this by appointing fractures rights for both the real estate investor and potential buyer of the house, which can be sold-deviating from traditional mortgage financing based on debt and is the current criterion in many judicial authorities.
In February 2025, the Locksquare real estate platform launched a framework for the European Union’s real estate code that allows the setting and transfer of shares rights.
The code of real estate assets is popular in the United Arab Emirates (Emirates), while it has become one of the most important real estate markets in the world. According to the founder of Tokinvest and CEO of Scott Thiel, real estate developers in the United Arab Emirates are scrambling their project symbol as an alternative way to traditional financing structures. Tether Stablecoin also participated with the Real Estate Reelly Tech platform in February 2025 to expand the use of USDT (USDT) in real estate transactions in the United Arab Emirates. magazine: Block Block: Blockchain technology transforms the real estate market
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