Saudi Arabia's Real Estate Registry has introduced a national blockchain infrastructure aimed at revolutionizing real estate registration and transactions. Utilizing Settlemint's asset tokenization platform, the system facilitates end-to-end digital transactions, enhancing transparency and liquidity in the real estate market. The initiative will roll out in phases, beginning with a tokenized marketplace and progressing to an open API framework to foster PropTech innovation.
Saudi Arabia Unveils Blockchain Infrastructure for Real Estate Tokenization
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