Digital environment definition for property tokenization uptake in Italy
DOI: 10.35490/EC3.2023.328
Abstract: The real estate market is widely considered a favorable sector for investment, although it ties up capital in the short term. However, long-term asset appreciation is an attractive prospect for investors. The concept of a “divisible” asset can help remove some of the obstacles and difficulties faced by owners, while promoting liquidity and providing access for those with different financial and social backgrounds. Ownership of the asset is shared, freeing up financial resources for the primary owner and offering retail investors the opportunity to purchase a portion of the asset via an NFT (non-fungible token).
Keywords: GIS-BIM. Blockchain, Property tokenization, Smart Contracts