We’re Partnering with Blocks to Increase the Scope of Tokenized Real Estate Assets

As we move closer to selling the world’s first tokenized real estate asset (end of Q1 2018), we’re also exploring strategic partnerships to expand our portfolio.

Blocks Investments, based in Prague, Czech Republic, is a company that recently landed on our radar in this respect. Blocks owns a robust portfolio of real estate developments in the Czech capital and is exploring ways to integrate blockchain technology into its business.

As such, we’ve signed a letter intent for a partnership that would see Brickblock offer smart contract support for Blocks’ properties. In tokenizing these assets, it opens them up to investment from around the world. For us, it represents a promising foray into the Eastern European market.

“Blocks boasts an impressive portfolio of properties that investors from around the world will find attractive,” said Brickblock Head of Business Development Gonzalo Sanchez Slik. “We are excited to offer the backend infrastructure to make this possible and list Blocks’ tokenized assets.”

To know more about Brickblock, kindly visit https://www.brickblock.io

Source: https://blog.brickblock.io/were-partnering-with-blocks-to-increase-the-scope-of-tokenized-real-estate-assets-9baa4417d4ff