Tokenisation uses Blockchain to enable different ownership models. The purpose of this paper is to provide a non-technical person with an understanding of the technology, it’s possible uses and impacts on the real estate industry. Two key challenges of the real estate market for the last 400 years when compared to other investment asset classes are the slow pace of transactions (it takes ages for ownership to be transferred) and liquidity (the purchase price is so large that only a limited market of buyers exists). There have been many innovations over the years (Such as Private Equity Funds, securitisation and REITS) that have sought to address these issues but the Proptech community thinks it has a better solution that could dramatically change fund raising and transactions. After reading this readers should be able to make their own judgement about the technology.

If members have any questions, or require a more detailed explanation of any of the points referenced in this note, please contact the ANREV Technology and Innovation Working Group at the following e-mail address: [email protected]