Saudi Arabia has launched a government platform for the tokenization of housing and land.
Saudi Arabia has launched a state blockchain platform for the tokenization of real estate assets in a $1.5 trillion market. The solution is based on the ecosystems of Ethereum and Hyperledger Fabric, reported the General Directorate of Real Estate of the Kingdom (REGA).
REGA believes that SettleMint will enable the creation of a transparent, globally accessible ecosystem for real estate equity investment. According to officials, this is the first government project in the region that integrates blockchain
View OriginalSaudi Arabia has launched a state blockchain platform for the tokenization of real estate assets in a $1.5 trillion market. The solution is based on the ecosystems of Ethereum and Hyperledger Fabric, reported the General Directorate of Real Estate of the Kingdom (REGA).
REGA believes that SettleMint will enable the creation of a transparent, globally accessible ecosystem for real estate equity investment. According to officials, this is the first government project in the region that integrates blockchain











