Real estate tokenization refers to the process of converting ownership rights in real estate properties into digital tokens on a blockchain platform. This innovative approach allows investors to purchase fractional shares of properties through tokenized assets, increasing accessibility for smaller investors while enhancing liquidity in the real estate market. The real estate tokenization process involves legal compliance checks, smart contract creation for ownership transfer automation, and integration with existing property management systems. By leveraging blockchain technology's transparency and security features, real estate tokenization not only democratizes property investment but also streamlines transactions while reducing costs associated with traditional real estate dealings.
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