This week in EG magazine, and on Egi, the first in a series of three articles by Osborne Clarke has been published looking on the potential benefits offered by the tokenisation of real estate.

Tokenisation, in this context, involves representing ownership or investment in a real estate asset in the form of a blockchain-based "token".  The token is issued by a blockchain system, and every action taken in relation to that token, including transfers, is recorded on the same system. 

Tokenisation offers a way to fractionalise ownership of typically large, high value assets, and to introduce efficiency and automation into aspects of transfer and sale.  The democratisation of real estate and the creation of more accessible investment opportunities for individuals are also often touted as potential benefits of tokenisation. 

The second article will be published on the 28th October and the third on 4th November.  These articles will consider some of the legal and regulatory considerations that may be hampering adoption and some proposals for a way forward to realise tokenisation's potential.

All of Estates Gazette articles are behind its paywall so you will require a subscription to access them.

For more information on tokenisation in real estate please contact one of the authors of the article.

Follow
Corporate communications and press contacts

If you are a journalist and would like comment or background from our legal experts, we can help. Our team will put you in touch with the best person. View a full list of our international press contacts by jurisdiction here.

Connect with one of our experts