DigiShares revealed that they will be in Copenhagen for a summit on the "Real Estate on the Blockchain." Crypto News Z reported that the event will commence in partnership with Copenhagen Fintech, MakerDAO--who are hailed as creators of the "first asset-backed and stable" coin built on the blockchain platform.
Attendees will have the chance to exchange notes and learn from leaders of industry as well as game changers during the event. The focus falls solely on popularizing the concept of tokenization further, as well as different opportunities and the connected benefits to the tokenization of real estate and trading using the blockchain platform.
Blockchain has recently become a big part of the tech disruption of real estate. The popularity has given rise to different processes that weren't popular before like ownership of fractions of property, easier liquid assets, an investor base that's both local and foreign, and removing middlemen, thereby taking out added costs that they incur.
Cryptocurrency has actually been getting bigger than before that discussions of it being used in government transactions have started. In this case, blockchain could be a useful addition to a government looking to create an efficient process. Bitcoin Exchange Guide reported that the Chinese government is looking into using blockchain to make things easier in completing processes.
China has not been secretive about its selective love for cryptocurrency's branches. The central government definitely loves blockchain; however, it doesn't share that love for BTC. China may, however, use blockchain, not for finance, but to provide speed and efficiency in the way that it does governance and the different processes connected to it.
China's government is a central one, and there is used for blockchain for a centralized organization. China could use this to monitor the safety of its people. It already has a working case for blockchain--China is already implementing some form of blockchain in court cases across the country, which is why it is highly possible to spread the cryptocurrency's use.
No doubt blockchain has a big impact on the next 'industrial revolution' to happen. The "Real Estate on the Blockchain" is a fine addition to the effort of introducing blockchain to a wider audience, even casual ones that don't have the time to review it. Attendees to the event will benefit from the knowledge they will get from it.
