The tokenization of real assets, or Real World Assets (RWA), refers to the digitalization of physical assets, such as a work of art, real estate, with which one wishes to make a profit.
It is the tokenization of tangible assets through blockchain technology; that is, everything that can be traded.…
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Real estate
World Bank adjusted its forecasts for China in 2024
In a recent update, the World Bank (WB) revised down its projections for China’s economic growth in 2023. Growth is now estimated at 5.2 %, marking an adjustment with respect to the previous forecast of 5.6 % made last June.
The…
UAE wants to prevent crypto money laundering
The United Arab Emirates, in step with its plans to become a cryptocurrency and technology hub, will begin requiring real estate agents to issue warnings regarding money laundering to authorities.
The government is seeking to take drastic…
Evergrande suspends listings on the Hong Kong stock exchange
Evergrande, a Chinese real estate company, suspended the listing of its shares on the Hong Kong stock exchange, as well as its two subsidiaries: the real estate management company Evergrande Property Services and the electric vehicle…
TuInmueble.com will merge in a single platform with Mercado Libre
The website for the purchase, sale and rental of real estate TuInmueble.com and the main electronic commerce platform in Venezuela Mercado Libre will merge in one single platform, starting in July, with the aim of optimizing and updating…