Imagine being able to own your house without having to buy it, acquiring percentages of the property progressively, without time limits and with the possibility of reducing your rent month by month
Real estate tokenization
One concept that is developing with blockchain technology is that of NFT. Probably this concept seems difficult for you to recognize. Or maybe you already know it, but you don't quite understand its meaning. Don't worry, because in this post we are going to explain what an NFT is and its relationship with the Real Estate real estate sector.
Surely today, you know someone who is interested or invests in cryptocurrencies. With the appearance of Bitcoin in 2009, a new perspective opens within the financial market. A new digital financial system has been created that is becoming a very serious competitor against the only financial system that existed.
Since 2010, a large number of new cryptocurrencies have been created. This new financial system came with a problem, and that is price volatility. This is one of the reasons why many people refused to adopt this digital money.
For all these reasons, the Stablecoin or stable cryptocurrencies arise. They are not affected by volatility, as their prices are stable. This digital currency arises to offer investors relative stability in the current market.
ProPtech, Fintech, FemTech, EdTech… The wide world of technology has given rise to a new generation of unstoppable neologisms that arise to baptize emerging projects from different sectors. Today we are going to explain what the acronyms PropTech and Fintech consist of, as well as their main differences and examples of startups in these fields.