Dubai Land Department Real Estate Tokenisation Project
Sector: Commercial • Location: Dubai, United Arab Emirates
Source: Gulf News
The Dubai Land Department (DLD) has launched the Real Estate Tokenisation Project to revolutionize real estate ownership management in Dubai by tokenising property title deeds on the XRP Ledger (XRPL) public blockchain. The project enables fractional ownership and facilitates real estate investment through blockchain technology, using Ripple's custody technology for secure storage of digital title
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Status
Original status | under construction |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
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Description
Description | The Dubai Land Department (DLD) has launched the Real Estate Tokenisation Project to revolutionize real estate ownership management in Dubai by tokenising property title deeds on the XRP Ledger (XRPL) public blockchain. The project enables fractional ownership and facilitates real estate investment through blockchain technology, using Ripple's custody technology for secure storage of digital title deeds. Ctrl Alt, licensed by Dubai's Virtual Assets Regulatory Authority (VARA), is the tokenisation infrastructure provider integrating Ripple's technology. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Source
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Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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