Mediaspace scheduled maintenance: Aug 25, 2026 07:00 - 12:00 AM. During this time, videos will be temporarily unavailable. Check status updates.

Lecture

Tokenization of Real Estate: Overview

Description

This lecture covers the tokenization of real estate, discussing the challenges in the real estate market, the role of blockchain technology, and the landscape of blockchain in real estate. It explores use cases since 2017, hybrid tokens, possible problematics from business and technical perspectives, and the analysis of technology standards used in smart contracts for real estate.

This video is available exclusively on Mediaspace for a restricted audience. Please log in to MediaSpace to access it if you have the necessary permissions.

Watch on Mediaspace

Official source

Related concepts (27)

Blockchain

A blockchain is a distributed ledger with growing lists of records (blocks) that are securely linked together via cryptographic hashes. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree, where data nodes are represented by leaves). Since each block contains information about the previous block, they effectively form a chain (compare linked list data structure), with each additional block linking to the ones before it.

Non-fungible token

A non-fungible token (NFT) is a unique digital identifier that is recorded on a blockchain, and is used to certify ownership and authenticity. It cannot be copied, substituted, or subdivided. The ownership of an NFT is recorded in the blockchain and can be transferred by the owner, allowing NFTs to be sold and traded. NFTs can be created by anybody, and require few or no coding skills to create. NFTs typically contain references to s such as artworks, photos, videos, and audio.

Cryptocurrency

A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. It is a decentralized system for verifying that the parties to a transaction have the money they claim to have, eliminating the need for traditional intermediaries, such as banks, when funds are being transferred between two entities.

Smart contract

A smart contract is a computer program or a transaction protocol that is intended to automatically execute, control or document events and actions according to the terms of a contract or an agreement. The objectives of smart contracts are the reduction of need for trusted intermediators, arbitration costs, and fraud losses, as well as the reduction of malicious and accidental exceptions. Smart contracts are commonly associated with cryptocurrencies, and the smart contracts introduced by Ethereum are generally considered a fundamental building block for decentralized finance (DeFi) and NFT applications.

Distributed ledger

A distributed ledger (also called a shared ledger or distributed ledger technology or DLT) is the consensus of replicated, shared, and synchronized digital data that is geographically spread (distributed) across many sites, countries, or institutions. In contrast to a centralized database, a distributed ledger does not require a central administrator, and consequently does not have a single (central) point-of-failure.

Related lectures (32)

Blockchain Fundamentals: Overview and Use Cases

Provides an overview of blockchain technology, covering its history, key elements, use cases in different industries, and technical challenges.

Blockchain Fundamentals: Decentralized Technologies Overview

Provides an overview of blockchain technology, covering its history, use cases, challenges, and future trends in decentralized technologies.

Blockchain for Humanitarian Assistance

Explores the use of blockchain technology in humanitarian aid, addressing challenges and strategies for implementing a crypto token system.

Blockchain: Introduction and Evolution

Covers the introduction and evolution of blockchains, including decentralization, trusted third parties, and the history of blockchain technology.

Blockchain Technology: Elements, Nodes, and Smart Contracts