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Blockchain-enabled real estate platform launches
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The real estate security tokens give the holder direct ownership of the property and the subsequent rental income it provides, Realsmart said.
Realsmart has launched the world’s first online platform on the blockchain that enables anyone to become a real estate investor and build a portfolio of properties. According to the South African fintech, investors can buy security tokens in world-class real estate on the blockchain using its new platform, which it said makes safe, fast, and frictionless real estate ownership possible using cryptocurrency or fiat currencies from as little as $1.
“Real estate investment has created the most millionaires in the world, but the barriers to entry have traditionally been very high,” said Anton Breytenbach, Co-Founder and CEO of Realsmart. “I first had the dream to make real estate investment accessible to everyone back in 2010, but now, finally, blockchain technology allows it.”
The real estate security tokens give the holder direct ownership of the property and the subsequent rental income it provides, Realsmart said.
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