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Blockchain technology is revolutionizing the real estate industry by making property transactions more transparent, secure, and efficient. Platforms like Propy and RealBlocks enable the tokenization of real estate assets, allowing for fractional ownership and easier transfer of property rights. By leveraging smart contracts, these platforms ensure that transactions are executed automatically and without intermediaries, reducing costs and increasing trust among buyers and sellers. This innovation not only democratizes access to real estate investment but also simplifies the process of buying, selling, and managing properties globally.
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