Colliers International, Inc. will explore the tokenization of real estate on the Stellar platform through a partnership with Smartlands, a token issuer. Currently, the Stellar network is still in the initial stages of tokenization, but is seen as more promising compared to Ethereum, mostly because of the lack of gas costs for transactions.

https://twitter.com/Smartlands/status/1048190687274049536

Smartlands, based in Lithuania, is a startup choosing an alternative form of tokenization, following the general trend of backing tokens with real-world assets. Colliers corroborated the use case for tokens:

“The global financial and commercial land…

This article appeared first on Cryptovest

Like this: Like Loading...