Dubai Land Department begins real estate tokenization project

Share via:



The Dubai government has started the pilot phase of a project that will convert real estate assets into digital tokens on the blockchain. 

The Dubai Land Department (DLD), a government entity responsible for registering, organizing and promoting Dubai real estate, announced that it started the pilot phase of its real-estate tokenization project. 

The project was launched in collaboration with the Dubai Future Foundation (DFF) and the Virtual Assets Regulatory Authority (VARA), Dubai’s crypto regulator. 

The token launch makes the DLD the first…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Dubai Land Department begins real estate tokenization project



The Dubai government has started the pilot phase of a project that will convert real estate assets into digital tokens on the blockchain. 

The Dubai Land Department (DLD), a government entity responsible for registering, organizing and promoting Dubai real estate, announced that it started the pilot phase of its real-estate tokenization project. 

The project was launched in collaboration with the Dubai Future Foundation (DFF) and the Virtual Assets Regulatory Authority (VARA), Dubai’s crypto regulator. 

The token launch makes the DLD the first…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Meta doubles down on political ads that use AI...

Meta Platforms will ask advertisers to disclose the...

Honda and Acura EV owners will get Tesla Supercharger...

Honda and its luxury brand Acura are getting...

Haveus Aerotech Becomes India’s First MRO to Get EASA...

New Delhi , March 20: Haveus Aerotech, a...

Popular

Upcoming Events

Elon Musk’s X raises almost $1 billion in new...

Elon Musk’s social network X has raised close...

EU Orders Apple to Open iPhone and iPad Systems...

The European Union on Wednesday outlined the steps...

Exponent Energy announces India’s first ’15-minute’ charging solution for...

Exponent Energy has announced the launch of India’s...
ERQW DAS VBXZC ERQW DAS VBXZC ERQW DAS VBXZC ERQW DAS VBXZC