How does real estate tokenization work?
Real estate tokenization starts with the most basic step, which is verifying the real estate using various data sources about the assets. It can range from acquiring ownership documents, utility bills, tax bills, title deed insurance, neighborhood checks, and so on. This is how we create a digital twin of a real-world asset. Reitcircles is now creating a global platform to enable this as this will lay the foundation of the rest of the tokenization process. The focus is on decentralization of the this verification process and enabling a fair and transparent process per country, where individuals / corporation owning the assets are in charge of managing this verification with the help of a decentralized verification marketplace.
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