Written by Barry James, Moneybrain Global Ambassador. Stablecoins and blockchain tokenisation are transforming real estate by enabling faster, programmable and potentially global property transactions. With $379 trillion in real estate value, 75% is in the form of residential as opposed to commercial property and stablecoins offer a faster, cheaper alternative to traditional, slow-moving systems such the UK Land Registry. Meanwhile, the Channel Island of Jersey is piloting tokenised debt, enabling fractional ownership and instant settlement. But whilst the model promises greater access and efficiency, it raises unresolved legal, regulatory and ethical questions around ownership rights, platform risk and housing inequality. The future of real estate may be digital, but it must be built on more than simply code.
The above scenario is why we created the London Digital Escrow service to enable third party digital assets to be held in an escrow service pending confirmation of completion of contract. The service was created because existing escrow services in London had no skill or experience in digital assets.
What about in the US?
The above scenario is why we created the London Digital Escrow service to enable third party digital assets to be held in an escrow service pending confirmation of completion of contract. The service was created because existing escrow services in London had no skill or experience in digital assets.