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RE: IS FUTURE TOKENIZATION OF PROPERTY MARKET something we should all be aware of?

in #blockchain5 years ago

There will certainly be a transition period. I believe, as other other areas innovate, like transportation and ability to earn, tokenization of real estate will mature. While this is probably far down the road, asset-backed tokens will demonstrate what is possible and begin to open the eyes of the world.

In the coming years, projects like JPMorgan Coin, IBM and Oracle's blockchain investments, and Amazon cloud services, will spur interest. It will be more of a follow the leader type of thing until the generation that grows up with blockchain makes its use comfortable.

I doubt blockchain will be used for anything like twitter (crypto-kitties) for much of the population over the first five years that every phone comes standard with a blockchain app. But then, quickly we will see a global (not nation or great firewalls) shift. Making things real creates real change.

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