Blockchain Based Real Estate Platform to Launch in the Philippines This Year

In the Philippines, C Estates Inc, a company which connects people buying and selling real estate properties, is looking to improve traditional systems and to set the industry standard for real estate transactions via a new platform that utilizes tokenization.

According to C Estates Inc., tokenization, which has long been used by financial institutions, is the process of representing the ownership of real-world assets digitally on a blockchain, the same technology used by popular cryptocurrencies.

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