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.