VeChain Builds the Backbone for Tokenized Real Estate With Magma and DTT Tech
The post VeChain Builds the Backbone for Tokenized Real Estate With Magma and DTT Tech appeared on BitcoinEthereumNews.com. VeChain tech replaces slow paperwork with digital contracts, helping real estate move faster and cleaner. With Magma and DTT, tokenized property deals get verifiable records and global compliance baked in. VeChain is gaining attention as a key player in bringing real estate onto the blockchain. The platform’s partnership with Magma and its DTT technology is set to modernize an industry still stuck in paper-based processes. By using the platform’s technology, property transactions can become faster and more transparent. VeChain Ambassador Sebastian.vet pointed out VeChain’s strengths in global compliance and on-chain verification. These features make it a strong choice for handling real-world assets like property. The system ensures data is secure and meets regulatory requirements, which is crucial for large-scale adoption. “The future of real estate isn’t just digital — It’s verifiable, on-chain, and globally compliant,” Sebastian said. Magma highlighted how outdated real estate workflows slow down deals and create inefficiencies. Their new platform, built with VeChain, replaces manual steps with blockchain solutions. This shift is part of a wider trend as the sector moves toward digital tools. Why Real Estate Needs Blockchain Now Back in 2018, VeChain first tested blockchain in real estate through a partnership with Yida China Holdings. The project focused on smart-city developments, tracking energy use, and green buildings. It proved that physical assets could be linked to digital tokens, setting the stage for future growth. By mid-2022, it worked with Supply@Me to tokenize warehouse receipts and inventory. The project used VeChainThor’s blockchain, along with NFTs and DeFi tools, to allow fractional ownership of physical goods. This same framework is now being adapted for real estate, making property investments more flexible. In July 2024, VeChain expanded its efforts with a major initiative in Albania alongside Magma and T-Blocks. The project digitized the entire construction process, from contracts…
The post VeChain Builds the Backbone for Tokenized Real Estate With Magma and DTT Tech appeared on BitcoinEthereumNews.com.
VeChain tech replaces slow paperwork with digital contracts, helping real estate move faster and cleaner. With Magma and DTT, tokenized property deals get verifiable records and global compliance baked in. VeChain is gaining attention as a key player in bringing real estate onto the blockchain. The platform’s partnership with Magma and its DTT technology is set to modernize an industry still stuck in paper-based processes. By using the platform’s technology, property transactions can become faster and more transparent. VeChain Ambassador Sebastian.vet pointed out VeChain’s strengths in global compliance and on-chain verification. These features make it a strong choice for handling real-world assets like property. The system ensures data is secure and meets regulatory requirements, which is crucial for large-scale adoption. “The future of real estate isn’t just digital — It’s verifiable, on-chain, and globally compliant,” Sebastian said. Magma highlighted how outdated real estate workflows slow down deals and create inefficiencies. Their new platform, built with VeChain, replaces manual steps with blockchain solutions. This shift is part of a wider trend as the sector moves toward digital tools. Why Real Estate Needs Blockchain Now Back in 2018, VeChain first tested blockchain in real estate through a partnership with Yida China Holdings. The project focused on smart-city developments, tracking energy use, and green buildings. It proved that physical assets could be linked to digital tokens, setting the stage for future growth. By mid-2022, it worked with Supply@Me to tokenize warehouse receipts and inventory. The project used VeChainThor’s blockchain, along with NFTs and DeFi tools, to allow fractional ownership of physical goods. This same framework is now being adapted for real estate, making property investments more flexible. In July 2024, VeChain expanded its efforts with a major initiative in Albania alongside Magma and T-Blocks. The project digitized the entire construction process, from contracts…
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