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Nassau, Bahamas, Nov. 17, 2022 (GLOBE NEWSWIRE) — Long have individuals purchased and sold land as a form of long-term investment. Yet, with the restricted quantity of land and, by extension, structures everywhere, many governments and nations have highly severe restrictions around it. Their unit costs are relatively expensive because of scarcity and increasing demand; after all, every (also expanding) population wants a place to live and work.
KODO Assets introduces and applies tokenization to simplify the administration of all interactions with blockchain networks, such as the retrieval of token data and the operation of smart contracts. This in turn provides those interested in dipping their toes into the market a platform that mitigates some key problems discovered in the traditional real estate market.
Real Estate’s Perceivable Gap
The potential of the real estate industry is clouded by a set of peculiarities that permeate the space. From an investor’s standpoint, properties appear to have shot up in price around the globe, especially in Sao Paulo. With the existing barrier to entry, a lot of investors who wish to allocate a small fraction of their equity in a high-liquidity asset find themselves discouraged from this increasingly demanding space.
The high transaction costs and the time required to process them do not make matters any easier either. A purchase of real estate in Brazil is a formal legal transaction, which can lead to a waiting period of up to ten days. The industry requires acute sensitivity in detecting the best opportunities for one to take action, it is a meticulous process that can impede an investor’s time and money.
Through the capabilities of tokenization, KODO is able to mend the gaps that haunt the real estate sector and bring new light to those that wish to participate in this hard-to-reach industry.
KODO’s Solution: Tokenization of Real Estate
Kodo Assets was born because of the belief that…
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