Magazine
january 2019

Bernie Devine, Regional Director (Asia), Yardi Systems

OPINION

By Bernie Devine, Regional Director (Asia), Yardi Systems

Tokenisation is the most radical innovation in the real estate industry since the introduction of REITs in 1960. Tokenisation is a way of using a Blockchain to represent ownership.

Tokenisation is now maturing with a number of ventures succeeding in the most difficult aspect, which is compliance. We have seen several tokens listed on various exchanges and a small number of exchanges capable of trading in real estate tokens.