Dubai takes next step to make real estate flips instant in $16 billion tokenization plan
Dubai is advancing its $16 billion tokenization initiative aimed at facilitating instant real estate transactions. The plan involves creating a blockchain-based system that allows properties to be tokenized, enabling quicker and more efficient buying and selling processes. This move is part of Dubai's broader strategy to enhance its real estate market and attract global investors. The initiative is expected to streamline property transactions, making them more accessible and transparent.
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